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Insurance
The German motor market requires some rate adjustments while overall primary players in the country may have significant cost-cutting potential, Frank Reichelt, market executive Germany & Nordics at Swiss Re, told Baden-Baden Today.   25 October 2017
Insurance
In the wake of recent US nat cat losses, the perceived value of insurance-linked securities (ILS) collateral over a rated “promise to pay” model will rise if reinsurers have failed to use modelling and retrocession to better manage their tail risks, according to Willis Towers Watson’s Q3 ILS market update.   25 October 2017
Insurance
The continued soft market is the biggest concern during this renewals season, according to respondents to Intelligent Insurer’s Baden-Baden 2017 survey, a response that shows that despite the heavy losses in the US in recent months, negotiations in Europe may not involve rate increases to the extent some would like.   25 October 2017
Insurance
Reinsurers need to protect their margins, and prices need to reflect that in light of recent losses, Patrick Hartigan, leader of the treaty team at Beazley, told Baden-Baden Today.   25 October 2017
Insurance
Run-off specialist DARAG has seen a significant increase in opportunities in 2017, as was foreseen in the last couple of years, Eleni Iacovides, group chief client officer, told Baden-Baden Today.   25 October 2017
Insurance
Notwithstanding the nat cat events of 2017, the Caribbean Catastrophe Risk Insurance Facility (CCRIF) is confident that its balance sheet is adequately set up to absorb the risk of high payouts in years of multiple extreme events, Isaac Anthony, CEO of CCRIF, told Baden-Baden Today.   25 October 2017
Insurance
After record catastrophe losses in the third quarter, P&C executives are more bullish on pricing, according to an October 24 research note by Morgan Stanley.   25 October 2017
Insurance
E+S Rück, which bears responsibility within the Hannover Re Group for German business, expects to see premium growth in the German market for the upcoming round of treaty renewals at January 1, 2018.   25 October 2017
Insurance
The London Market Group (LMG) has launched a campaign to promote London as the world’s insurance hub. It is aiming to provide buyers with a clear case for coming to London for solutions to the risks they face.   25 October 2017
Insurance
Cyber modelling will move from testing portfolios against certain risk scenarios to including probability of occurrence in Europe, Yörn Tatge, senior vice president AIR Worldwide, told Baden-Baden Today.   25 October 2017

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