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Alternative Risk Transfer
The availability of cheap reinsurance in the Australian market has made it unnecessary for Suncorp, one of the biggest insurers in Australia and New Zealand and one of the largest users of reinsurance in the world, to tap the insurance-linked securities (ILS) markets so far, the company’s buyer said. 14 September 2014
Insurance
Digitally-focused new players in the insurance industry are increasingly threatening the market dominance of traditional insurers in a dynamic that could ultimately force the incumbent players to become nothing more than risk carriers, the COO of Hiscox has warned. 11 November 2016
News
More experienced alternative investors in the reinsurance space will not be put off by losses in the sector, but less experienced participants will disappear over time, believes Torsten Jeworrek, member of Munich Re’s Board of Management. 13 September 2015
Insurance
There is only a low probability that ratings of property/casualty insurance companies in Mexico will be affected by Hurricane Patricia, which made landfall on October 23 along Mexico’s west coast, rating agency Fitch has said. 27 October 2015
Insurance
ACE Group has appointed Stuart Elliot as terrorism and political violence underwriter for its international markets. He will be responsible for growing ACE’s terrorism book and developing terrorism and political violence programmes. 28 January 2014
Insurance
Risk modelling company RMS is preparing to back the expected business boom from public-private insurance collaborations by developing products to cater to the new marketplace. 26 October 2015
Insurance
All re/insurers and brokers are grappling with the implications of an unprecedented wave of new technologies labelled ‘insurtech’ which are capable of transforming their businesses. In a webinar sponsored by Xceedance, four senior executives debated how insurers, reinsurers and brokers should respond to this barrage of change and innovation. 11 September 2017
Insurance
The insurance arm of XL has launched an insurance solution specifically designed for fine dining and family restaurants in the US. 4 April 2014
Insurance
Insurer RSA has bounced back to profit in the second half of 2014 on the back of an action plan conceived by chief executive officer Stephen Hester designed to turn the business around. 7 August 2014
Insurance
XL Group’s insurance operation in Iberia has made two appointments as the group seeks to strengthen its financial lines capabilities. 7 July 2014
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