Articles

Insurance

UK government to launch consultation on Ogden personal injury rates

The UK’s Chancellor Philip Hammond has agreed to a consultation on the framework for setting future personal injury (Ogden) rates after a severe rate reduction alarmed the industry.   1 March 2017

Insurance

Maiden Holdings' 2016 results hit by reserve charge

Bermuda-based Maiden Holdings has said that its 2016 results were substantially down on the previous year after it was hit by a $120 million reserve charge.   1 March 2017

Insurance

Alternative thinking: the historic rise of ILS

Aon Securities has published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells Baden-Baden Today about the key developments during what has been a record year for ILS.   24 October 2017

Insurance

Aviva invests in insurtech start-up Neos backed by Munich Re

Connected home insurer Neos said that it secured £5 million in series A investment from Aviva Ventures and backing from Munich Re.   26 May 2017

Insurance

European cedants slow down purchase of reinsurance

Despite a soft market, large European cedants have slowed down the pace at which they are buying reinsurance, according to AM Best.   20 March 2017

Insurance

Consumers could learn to love insurers, insurtech Urban Jungle boss claims

The ongoing friction between customers and their insurers has led to a “huge degradation of trust”.   21 September 2017

Awards

Best Reinsurer for Innovation (GWP of more than $2bn) winner: Swiss Re

Receiving a top score of 7.40 Swiss Re, the world’s second largest reinsurer, took first place for best reinsurer for innovation with a GWP of more than $2 billion, closely followed by Hannover Re.   14 September 2014

Insurance

Munich Re seeks US growth as rates rise on back of nat cats

Munich Re is seeking opportunities to grow in North America after losses stemming from the large nat cat events in the third quarter improve pricing, Hermann Pohlchristoph, member of the board of management at Munich Re, told Baden-Baden Today.   24 October 2017

Insurance

BIBA launches new telematics offering for members

The British Insurance Brokers’ Association (BIBA) has teamed up with member Marmalade to provide a young driver telematics scheme.   10 May 2017

News

Swiss Re hopes services can help it sidestep softening pressure

Swiss Re believes it can insulate itself from downwards pressure on rates in the reinsurance market by offering clients value-added services such as data, technology and expertise, head of reinsurance Moses Ojeisekhoba, told Intelligent Insurer.   8 October 2018

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