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Insurance
The inability of the reinsurance sector to materially raise rates after 2017's major catastrophe losses shows that the traditional catastrophe reinsurance business model is "permanently" impaired, which, along with other factors, should drive sustained consolidation, according to KBW analysts. 25 May 2018
Insurance
CEO Waleed Jabsheh is 'optimistic' about the business outlook having improved its GWP and combined ratio in the first quarter. 15 May 2020
News
Further mergers are likely among service companies in the growing Insurance Linked Securities (ILS) space. 11 October 2019
article
While the re/insurance industry remains an attractive proposition for investors, there is a renewed desire to achieve more consistent profitability based on technical underwriting, as Mike Mitchell of Swiss Re told Monte Carlo Today. 9 September 2019
Insurance
Broker Lockton has hired Marsh's Tom Orrico to lead its financial institutions practice as senior vice president and managing director. 7 October 2019
Insurance
Saudi Reinsurance Company (Saudi Re) enjoyed a big increase in its profits in the first half of the year. 19 August 2019
Insurance
It might be a complex and difficult challenge for large, incumbent carriers to embrace new technology, but they must find a way to do it if they are to compete going forward, said Dylan Bourguignon, chief executive of so-sure, an insurtech company offering mobile insurance and which returns a percentage of the premium to customers if there is no claim. 24 October 2018
Insurance
As Solvency II-based capital regimes further impact internal capital models, greater clarity around a company’s view of risk is becoming more important, but optimising model infrastructures is often limited by platform inflexibility, computational power and cumbersome approval processes, according to three executives from Guy Carpenter who debated this issue. 24 October 2018
Insurance
Interest rates are stagnating at relatively low levels across the Eurozone, impacting both life and non-life insurance industries, according to Mapfre and the adoption of accommodative monetary policy across the Eurozone is partly responsible. 11 February 2020
Insurance
The market is nearing the bottom of a very aggressive pricing cycle, according to John Charman, chief executive of Endurance Specialty, who added that competition in the market is healthy. 12 June 2014
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