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With more alternative capital coming into play, there is greater pressure on the reinsurance sector—but the key is to use it to their advantage, Ali Karakuyu, lead analyst, director, at S&P Global Ratings, told Baden-Baden Today. 24 October 2018
Insurance
E+S Rückversicherung, a subsidiary of Hannover Re which writes German reinsurance business, said it expects positive premium development in the German market for the upcoming round of treaty renewals at January 1, 2019, albeit at a somewhat more muted pace than in the previous year. 24 October 2018
News
Efforts by Sompo-owned Blue Capital Reinsurance Holdings to reduce volatility and improve the balance of its portfolio were scuppered by more heavy catastrophe losses in 2018 and further loss creep from events in 2017 as it posted another set of heavy losses. 31 January 2019
Insurance
Global insurer RSA has become a member of the Managing General Agents’ Association (MGAA). 13 July 2012
Insurance
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
Broker Willis Towers Watson has appointed Matt Houghton as senior consultant of strategy in its insurance consulting and software business in Asia Pacific. 9 May 2017
Insurance
Allianz Life Insurance Company of North America has hired Tobias Fritsch as chief operating officer for its investment management division. 9 May 2017
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
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
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
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