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Boosted by a slight hardening of rates on some lines and a relatively benign period of catastrophe activity, it seems many reinsurers have responded to the difficult investment environment by improving the profitability of their underwriting books. A number of reinsurers have posted healthy combined ratios for their 2012 results in recent weeks. 12 February 2013
Insurance
Free trade environments for re/insurers are under threat from jurisdictions adopting more protectionist measures—but many such regimes may actually hurt the very economies they aim to protect. 31 October 2017
News
Some of the world’s biggest reinsurers will be hardest hit by a prolonged soft market if an analysis of ratio of reserves to premiums is conducted, according to analysts at CreditSights. 30 September 2016
Insurance
Despite significant expected losses in the third quarter from hurricanes Irma, Harvey and Maria and potential rate increases as a result, Lloyd’s is not planning to change the market’s overall exposure to natural catastrophes, Jon Hancock, Lloyd’s performance management director, told Baden-Baden Today. 25 October 2017
News
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
Insurtech investments are targeting the personal lines’ insurance value chain in product development, client acquisition, underwriting, and claims management in the insurance value chain, a new Conning study shows. 31 May 2017
Insurance
ANV Syndicates, the Lloyd’s underwriting platform of global speciality insurance group ANV, has appointed Sue Clark as senior underwriter for ANV Life Syndicate 779. 27 July 2015
Insurance
Greenlight Capital Re recorded a $30 million net profit in the third quarter of 2016 compared with a net loss of $219.7 million for the same period of 2015. Nevertheless, ratings agency AM Best downgraded the financial strength rating of Greenlight Reinsurance citing underwriting weaknesses. 4 November 2016
Alternative Risk Transfer
The ILS market is seeing a boom in activity in 2017. Bill Dubinsky, managing director & head of ILS at Willis Towers Watson, casts an eye over the year so far. 25 May 2017
Insurance
The introduction of IFRS 17, the new international accounting standard for insurance contracts, is the biggest shake up of insurance reporting for decades as it will impact profit, equity and volatility, as well as reserving and financial reporting processes, according to industry experts. 18 May 2017
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