Articles
Insurance
S&P Global Ratings has maintained a stable outlook on the global reinsurance sector although the fundamental secular competitive trends haven’t abated. Karakuyu and Johannes Bender summarise S&P’s 2020 Reinsurance Sector Outlook. 22 October 2019
Insurance
Edinburgh Council is to pay £1.1 million on an insurance policy protecting the tram extension against being delayed by a terrorist attack or a flood, the Edinburgh Evening News has reported. 21 October 2019
Insurance
InsurTech company CPP Group has launched a new cyber Insurance product, for SME businesses, on the Acturis insurance administration and trading platform. 21 October 2019
Insurance
Insurance companies are starting to treat vaping the same as tobacco smoking when assessing premiums for life insurance and mortgage protection policies, reports The Sunday Times. 21 October 2019
Insurance
Kingsbridge Group, a provider of specialist insurance services to skilled contractors, freelancers and the recruitment and utilities industries, has announced strong growth for the year to 31st January 2019. 21 October 2019
Insurance
The demerger of Insurance giant Prudential has taken effect this morning, with the UK and European parts of the business spun off into a separate company called M&G, which also includes the M&G fund management company that Prudential acquired in 1999. 21 October 2019
Insurance
Almost all lines of business are seeing rate increases as well as greater underwriting discipline something that reinsurers have not seen for many years. 21 October 2019
Insurance
A shift has taken place in recent years to a new terrorism paradigm of lower severity but higher frequency modus operandi. Specifically, as security forces have tightened around the formation of groups and their ability to construct improvised explosive devices (IEDs), marauding attacks have become more common, using weapons including vehicles, bladed instrument and guns. 21 October 2019
Insurance
The heavy losses the industry has borne in the past two years caused by so-called secondary perils have forced something of a reset in the mentality of re/insurers, whereby some are relying less on the pure output from risk models and more on their own individual view of the risk before them. 21 October 2019
Insurance
Pricing across the risk transfer market continues to resemble a U-curve, with primary rates increasing, retrocessional rates increasing—but reinsurance pricing remaining stubbornly flat with only loss-hit accounts experiencing any meaningful rate hikes. 21 October 2019
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