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Alternative Risk Transfer
US carriers hit by losses in recent years could be looking at rate increases of between 15 and 25 percent and all carriers will probably have to absorb rate increases of between 3 and 5 percent, David Carson, head underwriter at Pioneer Cat, a London-based managing general agent, told APCIA Today. 20 October 2019
Insurance
The reinsurance industry must do more to prepare the industry for a future with more frequent and severe weather events, particularly around water-related disasters, Daniel Vestergren, Hiscox Re’s chair of international business, told APCIA Today. 20 October 2019
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
North Carolina-based REIN, a company with an enterprise insurtech platform, has appointed Kate Sampson to its advisory board. 18 October 2019
Insurance
Everyone is talking about insurtech, but apart from its being a useful portmanteau term, does the reality live up to the hype that surrounds it? Intelligent Insurer asks those in the know. 18 October 2019
Insurance
Some 1.4 million dogs across the UK have been injured by a stick, reveals new research by Direct Line Pet Insurance, which urges dog owners to use a safe, specially designed eco-friendly throw toy instead. 18 October 2019
Insurance
Munich Re has made a consolidated profit of approximately €850 million in the third quarter, despite high major-loss expenditure. 18 October 2019
Insurance
Global broking business Brokerslink and Swiss Re Corporate Solutions are to develop a dedicated international insurance programme management platform for the organisation’s broker network. 18 October 2019
Insurance
US insurers face a unique set of challenges as they consider their growth strategies. Tom Hettinger of Guy Carpenter explains his company’s innovative tool GC Mosaic which helps clients make better growth decisions based on analytics and real data, to Intelligent Insurer. 18 October 2019
Insurance
Insurers’ pricing has picked up in 2019, and this will continue into 2020, as companies look to address recent weak profitability, according to the insurance analyst team at RBC Markets 18 October 2019
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