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Insurance
Cedants: how much coverage to buy?
A lot of insurers have been forced to reevaluate how much reinsurance they’re buying in the aftermath of the losses from hurricanes Harvey, Irma and Maria (HIM), Mike Schnur, partner at TigerRisk, told PCI Today.   17 October 2017
Insurance
Insurtech firms become MGAs out of frustration
Some insurtech startups are ditching their original business plans and becoming managing general agents (MGAs) because of their frustration at how long it takes the insurance industry to embrace new ideas.   17 October 2017
Insurance
Insurers need to reach for the cloud
The re/insurance industry needs to embrace the advantages in time and processing power that the cloud can give their modelling and other computer-generated planning processes, Jonathan Silverman, director of insurance industry solutions at Microsoft, told PCI Today.   17 October 2017
Insurance
RAA highlights growth opportunities at PCI
Reinsurers will seek opportunities for growth in the current market as rates potentially harden, according to Frank Nutter, president of the Reinsurance Association of America (RAA).   17 October 2017
Insurance
Aviva reveals major annuity deal
Aviva said on Oct. 17 that it has completed a £600 million bulk annuity deal for the pension plan of learning company The Pearson.   17 October 2017
Insurance
Apollo to acquire Catalina Holdings
Bermuda-based run-off firm Catalina Holdings said on Oct. 17 that private equity firm Apollo Global Management has signed a definitive agreement to acquire a majority shareholding in the company.   17 October 2017
Insurance
Willis Towers Watson hires new leader for CEEMEA region
Broker Willis Towers Watson has appointed Neil Irwin as the new leader of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region.   16 October 2017
Insurance
VIG Re taps Partner Re exec to lead Western Europe operation
Czech Republic-based reinsurer VIG Re has hired Patrick Chevrel to lead its Western Europe business unit.   16 October 2017
Insurance
AmTrust at Lloyd’s adds cyber innovation underwriter
AmTrust at Lloyd’s (ATL) has appointed Rachel Anne Carter as cyber innovation underwriter, based in London.   16 October 2017
Insurance
Willis Towers Watson replaces head of Italy
Willis Towers Watson has named Gianmarco Tosti as the new country leader of Italy.   16 October 2017

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