Articles

Insurance

SCOR improves rates by 3% at January renewals

French reinsurer SCOR improved risk-adjusted pricing by 3 percent at the January 2018 renewals compared to 2017.   8 February 2018

News

Swiss Re in talks to sell minority stake

Zurich-based reinsurance giant Swiss Re is in talks with Japanese conglomerate SoftBank Group regarding a potential minority investment in the reinsurer, according to a Feb. 7 statement.   8 February 2018

Insurance

Beazley reports 8% reinsurance price rise in US at January renewals

A record-breaking catastrophe year 2017 has allowed Beazley to increase reinsurance prices by 3 percent in non-US business and 8 percent in US business at January 2018 renewals.   8 February 2018

Insurance

XL Catlin appoints CUO international financial lines

Re/insurer XL Catlin has promoted Tim Powell to chief underwriting officer for international financial lines (IFL).   8 February 2018

Insurance

Australia’s Insurance Council Board appoints three directors

The Insurance Council of Australia (ICA) has made three new appointments to its board of directors.   8 February 2018

Insurance

Four high-rise buildings partly collapse in M6.4 Taiwan earthquake

At least four high-rise buildings partly collapsed or are leaning precariously after an M6.4 earthquake struck north of Hualian, Taiwan on Tuesday, Feb. 6, according to catastrophe modelling firm AIR Worldwide.   8 February 2018

News

Global reinsurers in the spotlight after nat cat losses

French reinsurer SCOR has come out relatively unscathed from the record nat cat losses in the third quarter and is expected to be in a good position to take advantage of rising rates in the impacted region.   13 December 2017

Insurance

Reinsurance veteran joins Chaucer board

Specialist Lloyd's insurance group Chaucer has appointed Jerome Faure as an independent non-executive director of its managing agency and main operating company Chaucer Syndicates Limited (CSL).   13 December 2017

Insurance

S&P Global Ratings roundtable: insurtech’s effects become clearer

New products based on technology and data are increasingly being brought to market, while claims processes are being sped up through technologies such as blockchain, freeing up capabilities for new services, according to panellists at an Intelligent Insurer roundtable sponsored by S&P Global Ratings at October’s Baden-Baden Reinsurance Meeting.   10 December 2017

Insurance

Cat loss estimates to rise in 2018: Jefferies

A gap of $20 billion between company losses and estimates of total insured losses suggests that some company estimates will rise in 2018, fuelling reinsurance price rises, according to Jefferies analysts.   7 December 2017

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