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Insurance
Although rates remain almost universally soft, a sense of cautious optimism is entering the market with some chief executives forecasting a “soft landing” in 2016 where declines are not as severe as anticipated and not as steep as they were in 2014 and 2015, says Dennis Sugrue, director, insurance ratings at Standard & Poor’s Ratings Services (S&P). 2 November 2015
Insurance
The competitive market landscape in the Latin America and Caribbean region’s insurance industry demands a reinsurer that can differentiate itself, says Diego Miagro, head of general liability facultative reinsurance for Latin America and the Caribbean for Berkley Latin America and Caribbean (BLAC). 26 October 2015
Insurance
The gap between first tier and second tier reinsurers is growing as cedants gravitate towards the first tier. This is the finding of Standard & Poor’s (S&P) in its latest report on large US cedants. 26 October 2015
News
Varying claims activity in Europe has led to the emergence of a two-speed European market with a knock-on effect on rates in this renewals, claims one of Hannover Re’s most senior executives. 21 October 2015
Insurance
Global reinsurance pricing across all lines of property/casualty (P/C) insurance has been under pressure for the past few years and this pressure will continue into 2016, according to a new report by rating agency Standard & Poor’s (S&P). 21 October 2015
Insurance
Despite the large number of mergers and acquisitions (M&A) that took place this year, the re/insurance market is still grappling with excess capacity, Stuart Shipperlee, managing director of Litmus Analysis, told Baden-Baden Today. 21 October 2015
Insurance
In association with Standard & Poor’s, Intelligent Insurer invited a number of senior executives from reinsurers and brokers to a roundtable discussion which tackled topics including rates, changing buying habits, growth, innovation and consolidation. 20 October 2015
News
E+S Rück, which is responsible for writing German business within the Hannover Re Group, anticipates rising demand overall for reinsurance covers in the upcoming treaty renewals as at 1 January 2016. 19 October 2015
Insurance
Lloyd’s insurer Chaucer has expanded its marine practice with the addition of Lonham Insurance Underwriters, a specialist cargo and freight liability underwriting team. 16 October 2015
Insurance
Pioneer Special Risk, a subsidiary of Pioneer Underwriters, has been approved as a coverholder at Lloyd’s for excess and surplus (E&S) casualty lines. 15 October 2015
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