Articles
News
Global reinsurers’ returns are expected to barely cover capital costs in 2018 and 2019 and the current stable outlook on the global property/casualty reinsurance sector would likely change to negative if the industry's profitability sustainably fell below its cost of capital, S&P Global Ratings warned in a report. 4 September 2018
Insurance
Reduced face-to-face engagements with customers will drive business slowdown. 4 February 2020
Insurance
Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit. 31 August 2018
News
Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers. 31 August 2018
Insurance
Bermuda-based Ascot Group has launched its reinsurance division, Ascot Re, following approval from the Bermuda Monetary Authority (BMA). 27 November 2017
Insurance
The four largest cedants in Germany are boosting reinsurance demand in the country as they take advantage of soft market conditions, according to AM Best’s analysis of the 20 largest cedants. 23 March 2017
Insurance
Blockchain will lead to new risk assessment models and a new way of looking at data, according to Magdalena Ramada Sarasola, director, insurance consulting and technology, at Willis Towers Watson. 16 October 2018
Insurance
European catastrophe insurance data provider PERILS has disclosed its second loss estimate for windstorm Xavier which affected Germany on October 5 last year, causing a damage of millions of euros. 5 January 2018
Insurance
Simon Beale, currently chief underwriting officer of MS Amlin, will succeed Charles Philipps as the CEO in April 2018. 4 January 2018
Insurance
Bermuda registered a total of 58 new insurers in 2017, ranging from captives and long-term re/insurers to special purpose insurers (SPIs). 1 March 2018
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