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Insurance
The US P/C market faces a number of key challenges it must face head-on as it goes into 2017, according to John Barbagallo, the incoming chair of the Property Casualty Insurance Association of America (PCIAA). 26 October 2016
Insurance
Excess and surplus (E&S) lines may become a target for M&A activity, according to an analysis provided by CreditSights. 26 October 2016
Insurance
There is genuine resolve on the part of casualty reinsurers not just to draw the line, but to push back on rates, Simon Bird, head of casualty treaty at Brit Global Specialty, told Baden-Baden Today. 25 October 2016
Insurance
As Europe faces growth in demand for cyber coverage driven by growing fears around business interruption risks related to cyber events, Tokio Marine Kiln is preparing to expand its business on the continent. 25 October 2016
Insurance
With so much reinsurance capacity available, brokers and reinsurers should use the opportunity to be more creative and come up with solutions, David Flandro, global head of analytics, told Baden-Baden Today. 25 October 2016
Insurance
SCOR is targeting becoming a top-end reinsurer in the US by size—an achievement that would see it match its position and market share globally—as it executes a long-term plan that will boost its presence in this market, Jean-Paul Conoscente, president and CEO of SCOR’s US P&C operations, told PCI Today. 25 October 2016
Insurance
Reinsurance companies are becoming increasingly familiar with the concepts—and the attractions—of working with mortgage organisations such as Freddie Mac and Fannie Mae in the credit risk transfer market, and many are enjoying profitable growth on the back of this. 25 October 2016
Insurance
Alternative capital grew again last year but at a slower pace. Paul Schultz, chief executive of Aon Securities, suggests to PCI Today this growth will continue but innovation will also be needed in the long term. 25 October 2016
Insurance
Adding a service element to a product can be an excellent way to differentiate from competitors, as can developing the right partnership on certain products, Patrick Hartigan, team leader of the treaty team at Beazley, told PCI Today. 25 October 2016
Insurance
Hurricanes Matthew and Nicole will not have a big impact on pricing in this renewal season, according to Axel Freiboth, managing director and chief underwriting officer of Hannover Re’s North American treaty division. 25 October 2016
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