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Insurance
Blockchain technology could be a game-changer for the re/insurance industry, Ed Hochberg, chief executive officer of JLT Re North America, told PCI Today. 25 October 2016
Insurance
Insurers need to develop a better understanding of the way that technology is impacting the market at the moment and its potential to change the way the market operates, Ed Kelly, chief executive officer of the American Association of Insurance Services (AAIS), told PCI Today. 25 October 2016
Insurance
Some reinsurance programmes are now entering territory where the price is unsustainable, and the market seems to be stabilising as a consequence, Monica Ningen, head of property underwriting for the US & Canada at Swiss Re, told PCI Today. 25 October 2016
Insurance
Only 40 percent of the top 100 US property and casualty (P&C) insurers reported an underwriting profit over the last five accident years. 25 October 2016
Insurance
The task of how to become and remain relevant has become the single biggest challenge facing many insurers as they grapple with the interconnected problems of political changes, consolidation and a technological transformation, Ingrid Carlou, chief executive, Patria Re, told PCI Today. 25 October 2016
Insurance
Redomiciling to Bermuda as a Class 4 licensed reinsurer was an important step for Qatar Re. Four years into its global expansion plans, the company is now an established player, says Luke Roden, head of ceded re & global head of catastrophe. 25 October 2016
Insurance
The current soft market will only be ended by a culmination of factors which could potentially manifest as up to three major market changing events, Paul McKeon, TransRe’s North American chief underwriting officer, told PCI Today. 25 October 2016
Insurance
Hiscox Re is ready to walk away from clients with unrealistic expectations at renewals and is confident it can replace them with other business. 25 October 2016
Insurance
So-called disruptor technology companies will shape the direction of the insurance industry going forward, but not all will succeed, James Auden, managing director and head of property and casualty (P&C) insurance in North America at Fitch Ratings, told PCI Today. 25 October 2016
Insurance
Genworth Financial, the US financial services company with substantial insurance operations, has become the latest insurer to be acquired by investors from Asia. It has been acquired by China Oceanwide for approximately $2.7 billion. 25 October 2016
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