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Reinsurance rates will increase almost across the board in the aftermath of losses from hurricanes Harvey, Irma and Maria as reinsurers “refill the buckets” in anticipation of future cat losses, Axel Freiboth, managing director, North America, Hannover Re, told PCI Today. 16 October 2017
Insurance
The US property/casualty market must focus on a number of long-term challenges that threaten insurers and reinsurers, according to David Sampson, the president and chief executive officer of the Property Casualty Insurers Association of America (PCI). 16 October 2017
Insurance
The recent hurricanes have turned the spotlight on to the importance of flood modelling, which has come a long way in a short amount of time, Pete Dailey, vice president and head of global flood models at RMS, told PCI Today. 16 October 2017
Insurance
Broker Willis Towers Watson has appointed Taro Ogai as head of investments for Asia Pacific, based in Tokyo. 7 June 2017
Insurance
The FCA judgment on COVID-19 business interruption is in. But what is the impact for insurers, and was the judgment on September 15 really the last word on the matter? Intelligent Insurer finds out. 6 October 2020
Insurance
US-based Ryan Specialty Group (RSG) has formed its first specialty financial lines managing general underwriter (MGU) focused on Latin America, and has hired Pascal Alvarez and David Gonzalez to lead the operation. 11 July 2017
Insurance
The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt. 25 May 2017
Insurance
Broker Lockton has appointed Guilherme Perondi Neto as deputy chief executive officer (CEO) of its Brazilian subsidiary, Lockton Brazil. 26 August 2015
Insurance
A new reinsurer that will initially target the Florida property/casualty insurance market has been formed on the Cayman Islands. 15 September 2016
News
Hannover Re’s profits slipped slightly in the first quarter but the reinsurer enjoyed strong growth driven by structured reinsurance demand for reinsurance solutions providing solvency relief and growing demand for cyber coverage. 10 May 2017
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