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News

As 2018 losses again exceed historical average, Munich Re questions models

Losses for insurers stemming from natural catastrophes were substantially higher than the long-term average in 2018 with an eventful second half of the year contributing to a high overall loss figure of $160 billion, half of which was insured, according to a report by Munich Re.   9 January 2019

Insurance

Capsicum Re ties up with AIR Worldwide for silent cyber modelling

Catastrophe modelling firm AIR Worldwide and reinsurance broker Capsicum Re are collaborating in the development of silent cyber modelling capabilities.   4 September 2018

Insurance

XL Group benefits from acquisition by AXA

Fitch Ratings has placed the ratings of XLIT (XL, a Cayman Islands subsidiary of XL Group) and its property/casualty re/insurance subsidiaries on Rating Watch Positive from Negative Outlook following the planned acquisition by AXA.   7 March 2018

Insurance

Cyber driven business interruption threatens energy sector

Energy executives are increasingly concerned about the impact of cyber-attacks on their operations, according to insurance broker Marsh.   7 March 2018

Alternative Risk Transfer

Expanded industry loss reporting: an end to renewal propaganda

As 2019 comes to an end Tom Johansmeyer, head of PCS at Verisk, looks back at the year.   19 December 2019

Insurance

Lycetts names new CEO as predecessor becomes deputy chair

Lycetts, a UK-based insurance broker and financial services provider, has appointed Charles Foster as its new chief executive officer.   17 November 2017

News

JLT Re appoints Thailand managing director from Willis

Reinsurance broker JLT Re said on Aug. 24 that it has appointed Khun Nivatvongs managing director of Thailand.   24 August 2017

Insurance

McLarens eyes growth in Dublin market with new hires

Loss adjuster McLarens has expanded its All-Ireland casualty team with the appointment of liability adjusters Ruairi McMullin and Eoin Hanratty in Dublin.   10 November 2017

Insurance

Air Worldwide cooperates with China's PICC Re

Catastrophe modelling firm AIR Worldwide is collaborated with China's PICC Reinsurance Company (PICC Re) to improve the assessment and management of the reinsurer’s growing portfolio of catastrophe risk business.   18 December 2017

Insurance

How can new reinsurers weather the current storms?

2020 and 2021 have been tough for many. Going into renewal season, how does a relatively young reinsurer see things? Intelligent Insurer spoke to two executives from CCR Re.   13 September 2021

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