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TRIA extension remains uncertain; AM Best assesses consequences
Insurance
AM Best has identified 30 insurers with substantial terrorism exposures and a heavy reliance on the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is due to expire on December 31, 2020—something the rating agency has described as a significant concern.   21 October 2019
Attracting the best people
Insurance
As it moves closer to celebrating 100 years in business in 2020, independent reinsurance broker Holborn is investing in the future. The firm’s Peter Beckman explains to APCIA Today how bringing in the best talent will ensure its success.   21 October 2019
Direct model better than broker model on transactional, commercial lines
Insurance
Small, transactional, commercial lines business in the US will increasingly adopt a direct-to-insurer business model, cutting brokers out of the loop, in the same way personal lines business has evolved.   21 October 2019
Insurance
Most lines of business in Munich Re Syndicate’s portfolio are seeing rates increase and, in some cases, a quite significant increase, according to Dominick Hoare, the syndicate’s group chief underwriting officer.   21 October 2019
Insurance
Arch Mortgage Insurance Company (Arch MI) has obtained $577 million of indemnity reinsurance on a pool representing $7.2 billion of mortgages from Bellemeade Re 2019-4, a special purpose reinsurer. The reinsurance is for a portfolio of MI policies linked to 113,180 loans issued by Arch MI and affiliates in 2019.   21 October 2019
Insurance
AM Best has called on European re/insurers to demonstrate underwriting discipline and a continued improvement in rates and terms in 2020.   21 October 2019
Insurance
As insurers increasingly leverage technology, the role of reinsurers can be to advise and guide as well as to offer financial support and capital, Simon Wigzell of UnipolRe told Baden-Baden Today.   21 October 2019
Insurance
Repositioning its book of business to better suit investor appetites is working well for ILS Capital Management, John Haggerty, the firm’s partner and managing director UK, told Baden-Baden Today.   21 October 2019
Insurance
Geopolitical and macroeconomic factors are creating uncertainty in the reinsurance market, causing “a flight to quality”, according to Urs Baertschi, chief executive officer, Reinsurance EMEA, and member of the group executive committee at Swiss Re.   21 October 2019
Insurance
Reinsurers may think they know what the perfect client looks like but they might not always be correct. Stuart Shipperlee, managing director of Litmus Analysis, explains the perspective offered by the results of the consultancy’s analysis of North American cedants.   20 October 2019

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