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Credit & political risk to grow
Insurance
Driven by an appreciation of the benefits of diversification and a search for healthier rates, many insurers have shown a growing commitment to the credit and political risk space in recent years, creating more choice for clients as a result. This has been widely supported by reinsurers.   22 October 2018
Brexit’s shadow over renewals
Insurance
The uncertainty around the nature of UK’s departure from the EU is causing re/insurers to protect themselves against whatever the worst-case scenario might be, as they prepare for the January 1 renewals, according to Mike Van Slooten, head of market analysis, Aon Benfield.   22 October 2018
Reinsurance is now an execution market: PartnerRe
Insurance
It’s too early to assess the impact of Hurricane Michael on the re/insurance industry, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told Baden-Baden Today.   22 October 2018
Insurance
UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has sent its largest ever team to Baden-Baden this year as it looks to consolidate the healthy growth it has enjoyed in the region.   22 October 2018
Insurance
The former chief financial officer Rory O’Connor and two former actuaries of RSA Insurance Ireland have admitted misconduct and agreed to fines and other sanctions following the conclusion of the Financial Reporting Council’s (FRC) investigation into financial irregularities at the company in respect of the year ended 31 December 2012 and relevant prior periods.   22 February 2017
Alternative Risk Transfer
Insurance-linked securities (ILS) are expanding into new perils following investors’ appetite, and London might benefit from this growth potential following the introduction of a new regulatory framework, Jean-Louis Monnier, Swiss Re Capital Markets global co-head of ILS, told Monte Carlo Today.   9 September 2018
Insurance
Lloyd’s specialist insurer Beazley has introduced a product seeking to quote any US management, professional, cyber and healthcare liability risks that can be legally underwritten, provided that no other London insurer offers terms.   4 April 2017
Insurance
Brokerage and risk management firm Integro Insurance Brokers has appointed Kevin Rabinowitz as head of placement strategy and carrier engagement for the firm's operations in North America and the UK.   28 March 2017
Insurance
Lloyd’s of London has signed its first Artificial Intelligence (AI) deal to automate business processes in the market.   9 October 2017
Insurance
Lloyd’s underwriting syndicate Probitas 1492 said on Oct. 9 that it completed a transaction with Saudi Re which removes all of Istmo Re group’s interest in Probitas.   9 October 2017

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