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Reinsurers in good shape as threat of no-deal Brexit looms
Insurance
Reinsurers are better placed to cope with a possible departure of the UK from the EU with no agreed deal than UK primary insurers, according to Graham Coutts, EMEA head of reinsurance at Fitch Ratings.   22 October 2019
Swiss Re’s Reichelt flags potential impact of Japanese typhoons on ILS alternative capital
Alternative Risk Transfer
Swiss Re’s Frank Reichelt, head of Northern, Central & Eastern Europe, said he is “always an optimist, and with that I hope we see some positive developments in the upcoming renewals season”.   22 October 2019
Reinsurers must learn to collaborate or face irrelevance, warns RMS CEO
Insurance
The reinsurance industry has more to gain by working together than constantly competing, according to speakers at the Guy Carpenter Reinsurance Symposium, which kicked off the Reinsurance Meeting at Baden-Baden.   22 October 2019
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

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