Articles
Insurance
One of the reinsurance industry’s biggest areas of focus continues to be cyber risk, said Michael Pickel, chief executive officer of Hannover Re’s German subsidiary E+S Rückversicherung, and member of the executive board at Hannover Re. 21 October 2019
Insurance
“Technologies are already radically transforming the characteristics of risk assumed by the re/insurance market,” said James Nash, chief executive officer, international at Guy Carpenter, adding: “We are now living in the age of intangibles.” 21 October 2019
Insurance
Geopolitical and macroeconomic factors are creating uncertainty in the reinsurance market, causing “a flight to quality”, according to Urs Baertschi, chief executive officer, Reinsurance EMEA, and member of the group executive committee at Swiss Re. 21 October 2019
Insurance
With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for both the world economy and its own aims, Devesh Srivastava of GIC Re told APCIA Today. 20 October 2019
Insurance
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk. 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
The number of complaints about motor and transport insurance fell 10% to 248,460 in the first half of 2019, down from 277, 363 from the second half of last year, according to the Financial Conduct Authority. 18 October 2019
Insurance
Global specialty insurer StarStone has appointed Henry Gillingham as head of war & terrorism in its crisis management division. 18 October 2019
Insurance
Guy Carpenter a global risk and reinsurance specialist and a business of Marsh & McLennan Companies, has appointed Dominic Samengo-Turner to the role of Global facultative leader. 18 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
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