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The state-owned Russian National Reinsurance Company (RNRC) has shown more appetite for new business in its first year in business than expected, Nicola Rautmann, market executive Austria & Central and Eastern Europe (CEE) at Swiss Re, told Baden-Baden Today. 25 October 2017
Insurance
How much rates may rise in the aftermath of big cat losses is a major concern of delegates in Baden-Baden, Johannes Hartmann, chief executive of VIG Re, tells Baden-Baden Today, as he also explains the reinsurer’s commitment to Europe. 25 October 2017
Insurance
In the wake of what may be record levels of catastrophe losses in North America, demand for quota shares is on the rise, Jorg Bruniecki, head of global clients & broker management at PartnerRe, told Baden-Baden Today. 25 October 2017
Insurance
The use of robotic process automation (RPA) has the potential to become a greater disruptor to the industry than blockchain, the application of which in reinsurance will be limited, Artur Niemczewski, CEO of Pro Global, told Baden-Baden Today. 25 October 2017
Insurance
Recent nat cat losses will lead to rate increases worldwide, and not only on the loss-affected accounts, Bob Mellor, head of international property at MS Amlin, told Baden-Baden Today. 25 October 2017
Insurance
Recent nat cat events illustrate the value of post-event data collection and aggregation, Luzi Hitz, of PERILS, told Baden-Baden Today. 25 October 2017
Insurance
Sponsoring transparent and understandable cat bonds—including bonds that use parametric triggers—could become one of the most effective risk transfer instruments for emerging economies to resolve the developing issue of the protection gap at the macro level, Kirill Savrassov, CEO of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 25 October 2017
Insurance
The re/insurance industry should never talk about pricing without first thoroughly understanding its exposures, Suki Basi, managing director of Russell Group, told Baden-Baden Today. 25 October 2017
Insurance
The major losses from hurricanes Harvey, Irma and Maria and the Mexican earthquakes will not only impact the results of insurers and reinsurers for this year, but highlight other non-cat lines of business that have been underperforming or that are price-challenged. 25 October 2017
Insurance
Recent nat cat losses are an excellent opportunity for reinsurers to demonstrate their resilience, responsiveness and ability to pay claims, according to Ian Wicks, chairman of non-marine reinsurance, and Robert Wildbore, director, reinsurance, at Ed. 25 October 2017
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