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Insurance
A major challenge posed by insurtech is how to achieve innovation and improvement in a highly regulated sector, Andrea Best, a London-based partner at law firm Drinker Biddle and Reath, told Baden-Baden Today. 25 October 2017
Insurance
Insurtech and its potential for re/insurers was the main theme of the annual Baden-Baden Intelligent Insurer Roundtable sponsored by S&P Global Ratings. Executives representing reinsurers, service providers, cedants and brokers debated a number of key issues at the event. 24 October 2017
Insurance
Insurers face rate increases particularly in regions affected by nat cat events in the third quarter, but pressure is also rising in other regions, Tim Paske, managing director at re/insurance broker BMS, told Baden-Baden Today. 23 October 2017
Insurance
The extent to which rates may or may not increase in the aftermath of severe losses remains the biggest debate in the industry. Arno Junke, the CEO of Deutsche Rück, tells Baden-Baden Today that there will be a wide range of implications in the market. 23 October 2017
Insurance
Reinsurance technology, dubbed reinsurtech, such as blockchain has the capacity to significantly change how the traditional reinsurance market operates. 23 October 2017
Insurance
The mortgage reinsurance markets have continued to develop and mature to the extent this product now represents a mainstream line of business for the growing number of reinsurers operating in the space, Joe Monaghan, leader of Aon Benfield’s US credit & guaranty, and government practice, told PCI Today. 16 October 2017
Insurance
The casualty market in the US remains competitive for reinsurers, with rates still very soft in several lines of business and loss trends increasing. But there remain pockets of opportunity and rate decreases will likely slow in the aftermath of the recent hurricane losses. 16 October 2017
Insurance
Reinsurance rates will increase almost across the board in the aftermath of losses from hurricanes Harvey, Irma and Maria as reinsurers “refill the buckets” in anticipation of future cat losses, Axel Freiboth, managing director, North America, Hannover Re, told PCI Today. 16 October 2017
Insurance
Insurers must not get wrapped up in the hype around technology and must instead ensure they innovate and invest in technology in a disciplined way, says Paul Mang, Aon’s global CEO of analytics. 16 October 2017
Insurance
Hiscox Re and ILS has launched a new US personal lines flood product, available to its insurance carrier, according to an Oct. 16 statement. 16 October 2017
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