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Swiss Re has confirmed that it has received the final approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a reinsurance branch in Mumbai. 23 January 2017
Insurance
Major Swiss insurer Zurich is working with accelerator Startupbootcamp to influence the strategy of insurtech, group head of business transformation Antony Elliott told Intelligent Insurer. 14 June 2017
News
With the National Flood Insurance Program (NFIP) due to sunset in September, now is the time to embrace and facilitate the development of a private flood market, say Nicole Austin and Dennis Burke of the Reinsurance Association of America. 27 June 2017
Alternative Risk Transfer
As the pandemic stress test continues, re/insurers are preparing for what comes next, including expectations of a hardening market. This is driving a growing trend for equity raises, with some building war chests and some taking advantage of new opportunities, while others look to protect their credit rating in a fight for survival. Intelligent Insurer reports. 12 June 2020
Insurance
XL Catlin has opened a reinsurance unit to provide facultative and treaty reinsurance across Africa. 18 July 2016
Insurance
Property and casualty insurer Hallmark Financial Services has launched a specialty property unit. 19 August 2015
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
Insurance
The market reports a £2.5bn return to profit and improved underwriting performance, but the pandemic is already taking its toll hitting assets and refocusing future priorities. CEO John Neal says the outbreak will change the world and ways of working forever. Intelligent Insurer reports. 27 March 2020
Insurance
Endurance Global Weather, part of Endurance Specialty, has completed an innovative, multi-year wind hedging transaction that protects Meridian Energy Australia, an Australian electricity supplier, against fluctuations in its earnings due to the weather. 11 February 2016
Insurance
Reinsurance rates will increase almost across the board in the aftermath of losses from hurricanes Harvey, Irma and Maria as reinsurers “refill the buckets” in anticipation of future cat losses, Axel Freiboth, managing director, North America, Hannover Re, told PCI Today. 16 October 2017
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