Articles
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states. 23 October 2018
Insurance
Italian insurer UnipolSai Assicurazioni has been approached by a number of reinsurers looking to complete a private placement for the additional €200 million of coverage it is seeking this year—but it will remain loyal to its existing panel of 17 reinsurers, its buyer told Baden-Baden Today. 23 October 2018
News
Many cedants are further reducing the size of their reinsurance panels while also rebalancing their reliance on some of the bigger, more influential reinsurers, within them, Jörg Bruniecki, head of global client & broker management at PartnerRe, told Baden-Baden Today. 23 October 2018
Alternative Risk Transfer
The 2017 natural catastrophes, which resulted in record insured losses globally, also served to test the quality of reinsurance providers—and some stark differences in quality were revealed, Stephan Ruoff, CEO of Tokio Millennium Re (TMR), told Baden-Baden Today. 23 October 2018
Insurance
Although the term ‘insurtech’ can be a bit of a distraction, it is clear that all aspects of insurance will be fundamentally impacted by developments in data and analytics that improve decision-making, and by the technology that makes it all happen smoothly. 23 October 2018
Insurance
Although consolidation over the past five years has considerably reduced the potential pool of partners, the pressure on re/insurers to engage in mergers and acquisitions (M&A) remains strong, and companies with strong third party capital management positions are seen as particularly attractive targets, Catherine Thomas, senior director of analytics at AM Best, told Baden-Baden Today. 23 October 2018
Insurance
The insurtech phenomenon and the entire digital revolution are driving mergers and acquisitions (M&A) in the global re/insurance markets—but companies must ensure any deals they consider make sense for their business and improve their overall strategy. 23 October 2018
Insurance
Trust Re is focusing on its long-term partnerships and stresses that it has the full support of shareholders as it looks to address a recent downgrade by AM Best, Sinisa Lovrincevic of Trust Re, tells Baden-Baden Today. 23 October 2018
Insurance
As consolidation reduces the choice of reinsurance brokers, privately-owned Lockton is reaping the rewards of offering a real alternative and is enjoying strong growth as a result, the firm’s Mark Waterkeyn tells Baden-Baden Today. 23 October 2018
Insurance
Broker Miller will acquire Alston Gayler and Co, an independent London market re/insurance broker specialising in multiple lines of business, from Nelson Holdings. 22 October 2018
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