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Insurance
A combination of lower reserve releases and higher non-catastrophe weather-related losses hit profits at US insurer Travelers in the third quarter. 24 October 2016
Insurance
In yesterday’s newsletter we published the results of a survey of PCI delegates conducted ahead of the conference. Luke Roden, head of ceded re & global head of catastrophe at Qatar Re, now answers those same questions in more detail. 24 October 2016
Insurance
The arrival of insuretech is changing the global insurance in ways many could never have foreseen, John Cammarata, vice president of development and the insurance transformation leader at PointSource, told PCI Today. 24 October 2016
Insurance
PartnerRe has moved to boost its life and health footprint, a strategic goal of the company, by acquiring Aurigen, a Canadian life reinsurance company, for C$375 million ($286 million) in a cash deal funded by PartnerRe’s excess cash. 24 October 2016
Insurance
While re/insurers have many software applications to choose from, very few have been developed by experts in their specific domain: the insurance industry. Anders Ericson, chief executive of ActERM, tells PCI Today this is what sets his products apart from the competition. 24 October 2016
Insurance
Certain segments of the market are showing some signs of firming and buyers are increasingly more interested in stability than further rate cuts, but it varies by line of business and even a big event is unlikely to result in a drastic change, John Andre, managing director at AM Best, told PCI Today. 24 October 2016
Insurance
Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL. 24 October 2016
Insurance
Kinetic Insurance Brokers has made a series of board appointments following its acquisition by the Torlea Group. 24 October 2016
Insurance
The partnership between Gen Re and TransRe enables the former to improve its access to the broker market as a way to secure growth. 23 October 2016
Insurance
The deal between TransRe and Gen Re that will see the former help the latter access the broker markets in the US looks like a win-win for both parties—but the proof of this pudding may be in the eating. Mike Sapnar and Ken Brandt from TransRe explain to Intelligent Insurer how the deal will work, what it means for cedants and how they plan to avoid any pitfalls. 23 October 2016
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