Articles
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report. 6 September 2016
Insurance
Swiss Re CEO Christian Mumenthaler hinted at the benefits of a potential deal that would see Japan’s SoftBank acquiring a stake in the reinsurer during the full-year 2017 results presentation. 26 February 2018
Insurance
Willis Re has appointed Ronnie Carroll as head of structured solutions for Europe West and senior UK client advisor. 11 October 2016
Insurance
After many years of softening, the excess and surplus lines market is now in a state of rehabilitation—but its health remains delicate and some smaller managing general agents have struggled and could ultimately be forced out of the market. 29 May 2013
News
Munich Re has revealed it plans to buy back up to €1 billion of its own shares by April 2018, as it struggles to find profitable opportunities in what its chairman, who steps down in April this year, said will remain a challenging environment. 15 March 2017
Insurance
The Prudential Regulation Authority (PRA) has approved all UK solvency internal models. 7 December 2015
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
Tropical cyclones in September have cost the global economy over $4 billion dollars, according to Impact Forecasting’s Global Catastrophe Recap report. 7 October 2016
Insurance
A major challenge posed by insurtech is how to achieve innovation and improvement in a highly regulated sector, Andrea Best, a London-based partner at law firm Drinker Biddle and Reath, told Baden-Baden Today. 25 October 2017
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