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Insurance
Verisk Analytics, a data analytics provider that also owns AIR Worldwide, has acquired Analyze Re, a software analytics provider for the reinsurance and insurance industries. Analyze Re will become part of AIR Worldwide, helping it offer clients additional real-time pricing, exposure management, and enterprise portfolio roll-up capabilities. 25 October 2016
Insurance
Munich Re is taking advantage of big data opportunities to develop new insurance solutions and services in conjunction with clients and partners. 25 October 2016
Insurance
Aon Risk Solutions, the global risk management business of Aon , has appointed James Trainor as senior vice president of its cyber solutions group. 25 October 2016
Insurance
A rating remains a critical component for any startup looking to write non-collateralised reinsurance business. While all the rating agencies will rate startups, their differing criteria can make a big difference to what rating can ultimately be secured, says Stuart Shipperlee, head of analytics at Litmus Analysis. 24 October 2016
Insurance
In the annual Intelligent Insurer roundtable in Baden-Baden in association with S&P Global Ratings, senior executives from reinsurers, brokers and buyers debated how the buying landscape is changing in Europe and what the definition of innovation in reinsurance should be. 24 October 2016
Insurance
Zurich Insurance will seek further efficiencies in its reinsurance programme by combining parts of its two major placements globally, in a move that will benefit its core reinsurance partners at the cost of some smaller players, Markus Meier, head of reinsurance management at Zurich Insurance Company, told Baden-Baden Today. 24 October 2016
Insurance
In association with Swiss Re, Baden-Baden Today conducted a survey of senior industry executives ahead of and during the conference. The responses to various key questions will be published in this newsletter. 24 October 2016
Insurance
Alternative capital grew again last year but at a slower pace. Paul Schultz, chief executive of Aon Securities, suggests to Baden-Baden Today this growth will continue but innovation will also be needed in the long term. 24 October 2016
Insurance
Bermuda-based Somerset Reinsurance has increased its common share capitalisation to $375 million, having secured investments from three strategic investors including Hannover Re and a diverse group of high net worth investors. 24 October 2016
Insurance
A depletion of loss reserves in the industry will drive a slowdown in rate reductions and stabilisation in the US reinsurance market as it heads into 2017, Steven Levy, president of the reinsurance division, Munich Re, US, told PCI Today. 24 October 2016
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