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Insurance
Rate increases will be biggest talking point
The potential for hardening rates and terms and conditions (T&C) will be the main talking point at the Baden-Baden 2017 Reinsurance Symposium, according to an online survey carried out by Intelligent Insurer.   24 October 2017
Insurance
Cost per natural disaster falls
While the frequency of natural disasters has continued to increase, data indicate that the real cost per disaster has been declining since 1970, according to PwC analysis. But with more disasters being recorded, the total cost of damages continues to climb.   24 October 2017
Insurance
Probitas finally finds new backer as Saudi Re replaces troubled Istmo Re
Probitas 1492, an insurance and reinsurance syndicate at Lloyd's specialising in property, construction and casualty, appears to have found a new backer to replace the capacity provided by the troubled Istmo Re.   14 July 2017
Insurance
Meeting the cyber insurance challenge – head on
AkinovA hosted its first ‘Ask The Experts’ private event and Q&A evening in May, bringing together some of the insurance, forensics, capital markets, modelling and legal industries’ leading experts on cybersecurity. Bermuda:Re+ILS summarises some of the points made at the event.   24 July 2020
Insurance
Challenges of internal models
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
Travelers expects up to $675m Q4 pre-tax loss from California wildfires
The Travelers Companies estimated fourth-quarter catastrophe losses related to the California wildfires, including estimated recoveries from reinsurance, to be in the range of $525 million to $675 million pre-tax.   9 November 2017
Insurance
Hamilton Syndicate 3334 revamps underwriting team following departures
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has reorganized its underwriting team.   20 February 2018
Insurance
Pioneer appoints head of catastrophe risk in London
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Anand Hari as head of catastrophe risk and exposure management.   18 July 2017
Insurance
Great American Insurance Group appoints new divisional president
US property/casualty insurer Great American Insurance Group has appointed Mark Conklin as the divisional president of its professional risk insurance unit that provides excess casualty coverages for medium to large-sized companies.   17 March 2017
Insurance
Chubb CEO Greenberg sees “tremendous opportunity” in middle market, SMEs
Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders.   9 April 2018

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