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Cyber is one of Munich Re’s main strategic growth areas, according to Doris Hopke, member of the board of management at the reinsurer. She said that while the cyber segment part of the firm’s market “is still small” the number of incidents is increasing rapidly, and the financial impact of these incidents is becoming more severe. 22 October 2019
Insurance
Positive premium development is expected on the German market in the year ahead, according to E+S Rückversicherung the Hannover Re subsidiary responsible for the group’s German business. 22 October 2019
Insurance
The reinsurance industry is adapting well to the changing shape of the global economy, said Richard Anson, head of ceded reinsurance at Antares. 22 October 2019
Insurance
VIG Re is benefiting from increased demand from buyers keen to work with a reinsurer that can offer something different and a low cost ratio, Johannes Martin Hartmann told Baden-Baden Today. 22 October 2019
Insurance
The re/insurance industry is too obsessed with embracing change and should remember what made it successful in the first place, according to Johannes Martin Hartmann, chairman of the board of directors at VIG Re. 22 October 2019
Insurance
Pressure on rates continues to be a considerable concern for the re/insurance industry ahead of the renewals season, with more than half of the respondents to a recent survey by Intelligent Insurer citing it as their biggest challenge. 22 October 2019
Insurance
Re/insurers are realising that pricing needs to adapt to the new risks presented by increasingly severe weather-related events, as Claudia Cordioli of Swiss Re explained to Baden-Baden Today. 22 October 2019
Insurance
Following its rating upgrade to ‘A’ last year, Sava Re is taking on more cat business and enjoying steady growth, as the firm’s Peter Skvarča and Edward Ottino tell Baden-Baden Today. 22 October 2019
Insurance
The re/insurance industry is facing a looming recruitment crisis, with many key figures now approaching retirement age and not enough effort being focused on bringing in the next generation of leaders and innovators, panellists agreed at the Guy Carpenter symposium on Sunday. 22 October 2019
Insurance
Insurers and reinsurers are entering a period of significant challenges that will affect the products that are offered and the very way they do business, Jon Hancock, director of performance management at Lloyd’s, said at the Guy Carpenter symposium at Baden-Baden on Sunday. 22 October 2019
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