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Ogden decision could undermine periodic payments and boost demand for lump sum payouts, warns Unipol’s Sordoni
Insurance
The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO).   23 October 2019
Insurance
Lloyd’s underwriting syndicate Probitas 1492 said on Oct. 9 that it completed a transaction with Saudi Re which removes all of Istmo Re group’s interest in Probitas.   9 October 2017
Regional reinsurers remain key
News
Against a backdrop of consolidation and change among global reinsurers, focused regional players can reap the rewards and offer cedants something they cannot find elsewhere: strong local knowledge and expertise, argues Fuad Kuliyev of Az Re.   23 October 2018
Reinsurance
As re/insurance leaders look back on 2020, they share their thoughts on the unprecedented past 12 months with Intelligent Insurer and consider how this will affect the year ahead. In exclusive insights, they also reflect on the debate over whether it was a black swan event, or more of a ‘grey rhino’, recognise the critical nature of advancing technology and express a real desire to return to face-to-face negotiations, as well as setting out their stalls for 2021.   23 December 2020
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has partnered with BlueChip Underwriting Services to provide transactional risk insurance to facilitate mergers and acquisitions.   16 February 2017
Insurance
Property/casualty insurer Chubb has appointed Adrian Matthews to the role of chief operating officer (COO) for Continental Europe, based in Paris.   20 February 2017
Insurance
Extratropical Cyclone Zeus, which primarily affected France on March 6 and 7, 2017 has caused insured property market losses of €192 million, according to estimates by catastrophe insurance data provider PERILS.   13 April 2017
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions has appointed Jan-Henning Evers as new managing director to spearhead growth in managing complex claims in Germany.   18 April 2017
Insurance
Catastrophe modelling firm AIR Worldwide and reinsurance broker Capsicum Re are collaborating in the development of silent cyber modelling capabilities.   4 September 2018
Insurance
Claes Lindh has decided to step down after more than 10 years at marine insurance provider Skuld.   20 November 2017

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