Articles
Insurance
The Covered Agreement between the EU and the US makes these markets more attractive for reinsurers from the opposite side of the Atlantic, increasing competition and therefore adding pressure on pricing and conditions. 20 January 2017
Insurance
The covered agreement between the EU and the US will establish a level playing field for transatlantic reinsurance business. But as it makes underwriting more attractive for reinsurers from the opposite side of the Atlantic, it is set to increase competition in both markets, adding pressure on pricing and conditions in an already soft market. Other countries like Switzerland don't want to be left behind. 19 January 2017
Insurance
French reinsurer SCOR has unveiled several new appointments including new managing directors in the Americas and Asia-Pacific all reporting to group chief operating officer (COO) Romain Launay. 16 January 2017
Insurance
CCR, the French government backed reinsurer, has now formally unbundled its open market reinsurance activities into its new subsidiary CCR Re, which commenced operations on January, 2017. 9 January 2017
News
Five global reinsurers have secured a final licence from the Insurance Regulatory and Development Authority of India (IRDAI) to commence business operations in India. 3 January 2017
Insurance
Verisk Insurance Solutions has completed an agreement with Duck Creek Technologies that will enable Duck Creek customers to access the Verisk Data Exchange – a programme that scores drivers and can be used to determine an appropriate premium. 22 December 2016
Insurance
As India opens its market to international reinsurers, the Insurance Regulatory and Development Authority of India (IRDAI) expects foreign reinsurers to secure final clearance to open branches soon and several to be operational within six to nine months. 20 December 2016
Insurance
SCOR has increased the size of a contingent capital facility it uses to protect its solvency in cases of extreme natural catastrophe or life events impacting mortality – though it has not revealed the size of the losses that would trigger the use of the facility. 15 December 2016
News
Continental Reinsurance has appointed Ajibola Olusanya Ogunshola and Emmanuel Brule as non-executive directors of the company. 14 December 2016
Insurance
PartnerRe has appointed Marc Archambault as the chief executive officer (CEO) of its life and health unit. 6 December 2016
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