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Driven by an appreciation of the benefits of diversification and a search for healthier rates, many insurers have shown a growing commitment to the credit and political risk space in recent years, creating more choice for clients as a result. This has been widely supported by reinsurers. 22 October 2018
Insurance
The uncertainty around the nature of UK’s departure from the EU is causing re/insurers to protect themselves against whatever the worst-case scenario might be, as they prepare for the January 1 renewals, according to Mike Van Slooten, head of market analysis, Aon Benfield. 22 October 2018
News
A growing number of larger insurers in Europe have restructured their reinsurance programmes whereby they place centralised multi-risk covers through global broker programmes—a trend that has made life tougher for smaller reinsurers. 22 October 2018
Insurance
It’s too early to assess the impact of Hurricane Michael on the re/insurance industry, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told Baden-Baden Today. 22 October 2018
Insurance
UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has sent its largest ever team to Baden-Baden this year as it looks to consolidate the healthy growth it has enjoyed in the region. 22 October 2018
Insurance
Thomas Miller Specialty, an underwriting agency providing marine, offshore, aerospace and cyber insurance products, has set up a general aviation division. 26 September 2017
Insurance
RSA has reported a significant increase in first half profits after it completed its restructuring plan in February with the sale of its UK legacy liabilities. 2 August 2017
Insurance
The General Insurance Stress Test (GIST) conducted by the UK’s Prudential Regulation Authority (PRA) suggested weaknesses in the natural catastrophe modelling of insurers. 11 December 2017
Insurance
The underwriting division of GRP, which consists of seven niche and speciality line MGAs representing over £100 million in gross written premiums, is one of the newest members of the MGAA. The division’s chief executive officer Clive Nathan discusses why now is a good time for MGAs to flourish. 5 August 2019
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area. 10 September 2017
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