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US mortgage business Freddie Mac wants more reinsurers to embrace its credit risk transfer programme
Freddie Mac, the US-government sponsored enterprise (GSE) that provides liquidity to the US mortgage markets by buying mortgages from lenders, anticipates that its credit risk transfer (CRT) programme will continue to grow steadily—and 2020 could be one of its biggest years yet. 20 October 2019
Insurance
While year-to-date global reinsurance pricing is up slightly between 0 and 5 percent in 2018, in aggregate, momentum is fading as the sector heads towards the January 2019 renewals, according to S&P Global Ratings. 9 September 2018
News
MS Frontier Reinsurance has appointed Alexander Milberg as general manager of its Kuala Lumpur office. 5 July 2013
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner. 19 October 2018
Insurance
A risk manager’s best friend can be the company secretary—certainly for risk managers who aspire to play a more central role within their companies and reposition themselves as strategic business partners. 5 June 2019
Insurance
The UK motor insurance market’s profitability is expected to approach break even in 2017 and see a strong uplift in profits in 2018, according to EY’s latest UK motor insurance analysis. 20 November 2017
Insurance
AXIS PRO, a professional lines division of AXIS Insurance, has partnered with cybersecurity ratings provider BitSight to make security ratings available to certain AXIS policyholders, in an effort to reduce their cyber risk. 18 October 2016
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan. 18 October 2018
Insurance
Property/casualty insurer Chubb has named Barbara Sandelands executive vice president and customarq package product manager for its commercial insurance division in North America. 16 August 2017
News
Profits plummeted at Munich Re in the second quarter of 2017 but the world’s biggest reinsurer said it was still well on track to reach its 2017 profit guidance of between €2 billion €2.4 billion. 9 August 2017
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