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SCOR is targeting becoming a top-end reinsurer in the US by size—an achievement that would see it match its position and market share globally—as it executes a long-term plan that will boost its presence in this market, Jean-Paul Conoscente, president and CEO of SCOR’s US P&C operations, told PCI Today. 25 October 2016
article
Against a backdrop of challenging market conditions driving more M&A in the industry, reinsurers must also keep a close eye on regulatory tensions, says Arno Junke, chief executive of Deutsche Rück. 23 October 2016
Insurance
It is targeting a top 10 reinsurance spot on a global basis but GIC Re understands that, especially in continental Europe, reinsurance is a long-term relationship-driven game. Lucky then that the Indian company is itself a long-haul player and will be patiently awaiting any opportunities, says Alice Vaidyan, chairman-cum-managing director of GIC Re. 23 October 2016
Insurance
Trust International Insurance and Reinsurance Company (Trust Re), a Bahrain-based reinsurer, has appointed Cherif Chentir as an independent non-executive director. 19 October 2016
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
News
Some of the world’s biggest reinsurers will be hardest hit by a prolonged soft market if an analysis of ratio of reserves to premiums is conducted, according to analysts at CreditSights. 30 September 2016
Insurance
Hannover Life Reassurance Company of America (Hannover Re US) has made a series of appointments following the introduction of its partnership solutions team. 29 September 2016
Insurance
Bertrand Labilloy, chief executive of French reinsurer Caisse Centrale de Réassurance, explains to Intelligent Insurer why CCR merits a state guarantee and the rationale behind launching the new CCR Re open market enterprise. 27 September 2016
Insurance
The European Commission (EC) has approved the natural disaster reinsurance scheme operated in France by the Caisse Centrale de Réassurance (CCR), claiming the State aid is "compatible with the internal market". 27 September 2016
Insurance
Lloyd’s and the Lloyd’s Market Association (LMA) have made a deal with US hurricane model provider Applied Research Associates (ARA), which will provide its Hurloss hurricane model and Middle East earthquake model to subscribing managing agents on a shared service basis. 19 September 2016
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