Articles

Insurance

Swiss Re’s head of P&C facultative EMEA see growth coming ‘from everywhere’

Laure Forgeron, head P&C facultative EMEA for Swiss Re, sees growth for her area of the business “coming from everywhere”.   23 October 2019

Insurance

Losses in 2017/18 create a ‘different feeling’ for insurers as they watch for retro fallout: Eccelesiatical

The re/insurance losses seen in 2017 and 2018 have given the market “a different feeling” this year, said Mark O’Riordan, group reinsurance director at Ecclesiastical.   23 October 2019

Insurance

Reinsurers watch and wait to see if the FAANG technology giants, such as Google and Apple, move into their territory

Google, Facebook and Amazon could become significant players in the re/insurance business of the future, according to Johannes Martin Hartmann, chairman of the board at VIG Re.   23 October 2019

Alternative Risk Transfer

China’s Belt and Road Initiative offers opportunities for insurers, says Phoenix CRetro CEO

As investments into China’s Belt and Road Initiative (BRI) increase, Kirill Savrassov, CEO of Phoenix CRetro Reinsurance Company, told Baden-Baden Today that it represents big opportunities and challenges for the reinsurance industry, especially from a cat perspective.   23 October 2019

Insurance

Demographics help Pro tighten its grip on German complex claims market

Demographic trends are working in Pro Global’s favour in Germany, helping it tighten its grip on a market that it is already dominant in, according to Robert Buchberger, managing director at the firm.   23 October 2019

Insurance

Swiss Re says M&A are still reshaping CEE re/insurance landscape

Eastern Europe is still a region where market consolidation happens in original markets, said regional expert Christian Kreutzer, market head of Austria, Central and Eastern Europe (CEE) and transaction lead Northern Central Eastern Europee at Swiss Re.   23 October 2019

Insurance

Ogden decision could undermine periodic payments and boost demand for lump sum payouts, warns Unipol’s Sordoni

The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO).   23 October 2019

Insurance

Mapfre Re grows in APAC with relationships in Singapore and Japan

Javier San Basilio, regional director Europe at Mapfre Re, said the reinsurer sees its future in building partnerships and relationships with clients.   23 October 2019

Insurance

Data potential still relatively untapped by re/insurers: Gossmann

The re/insurance industry needs to unlock the potential of the huge amount of data it possesses, Arndt Gossmann, chief executive officer of Gossmann & Cie told Baden-Baden Today.   23 October 2019

Insurance

Reinsurance industry are where banks were in 2008 in relation to tech, says RMS

The re/insurance industry is now going through the changes that the banking and financial services sector encountered after 2008, according to Vivek Bajaj, managing director for Continental Europe at RMS.   23 October 2019

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