Articles
News
Reinsurers’ 2017 profitability declined to the lowest level since 2005, when the industry was affected by hurricanes Katrina, Rita and Wilma, Moody’s said in an April 2 report. 3 April 2018
Insurance
Large primary carriers are re-entering the reinsurance market after having largely abandoned the sector in the 1990s and early 2000s, according to Willis Re CEO James Kent. 3 April 2018
Alternative Risk Transfer
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. 28 March 2018
Insurance
Developments in artificial intelligence (AI) and data collection stand to completely alter the asymmetry of information between insurers and insureds, representing a game changer for the re/insurance sector, SCOR CEO Denis Kessler suggested in an article. 22 March 2018
Insurance
The UK government is extending the terrorism cover offered by Pool Re to include non-damage business losses resulting from acts of terrorism. 22 March 2018
Insurance
Specialist insurer Beazley's chief underwriting officer (CUO) Neil Maidment is retiring at the end of the year. He will also step down from the company's board at the same time. 22 March 2018
Insurance
The marine and upstream energy insurance team of Validus Specialty Underwriting Services has partnered with Eagle Ocean America to launch a new cover for US vessel operators. 22 March 2018
Insurance
Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank. 22 March 2018
Insurance
Ocean International Reinsurance Company (Ocean Re) is expanding in the Mexican re/insurance market with a new office to be headed by Rebeca Pena. 22 March 2018
Insurance
Global investment in insurance technology surged in 2017, with Europe emerging as a new insurtech hub outside the US, according to new research from advisory firm Accenture. 22 March 2018
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