Articles
Insurance
Specialist re/insurance market Lloyd’s of London has revealed that it will write facultative reinsurance and non-proportional excess of loss (XoL) treaty reinsurance on Lloyd’s Brussels paper from 1st January 2019 across all markets in the EEA. 30 October 2018
Insurance
Asia Capital Reinsurance Group (Asia Capital Re), a wholly owned subsidiary of ACR Capital Holdings, has bolstered its underwriting and management team while filling certain leadership positions for its treaty, facultative and specialty business. 30 October 2018
Insurance
The boss of US re/insurer Navigators believes the company will go from strength to strength under the ownership of The Hartford—especially in its international operations and its reinsurance unit—as it rolls out a wider range of products and is backed by an even bigger balance sheet. 30 October 2018
Insurance
Cyber, alternative capital and shifting government risk into the private sector will be some of the talking points at PCI—as will Aon’s changes to its brand, George deMenocal of Aon’s Reinsurance Solutions US business tells PCI Today. 30 October 2018
Insurance
Pricing in the mortgage credit risk market has reduced significantly in recent years, but it remains a very profitable business for reinsurers, with more showing an interest in moving into this sector all the time, Joe Monaghan, executive managing director of Aon’s Reinsurance Solutions business, told PCI Today. 30 October 2018
Insurance
Re/insurers increasingly accept there may be little movement on rates yet again in the next renewals—and they are willing to judge lines of business on their own merits, Christopher Donelan, president and chief underwriting officer of North American reinsurance and head of global casualty at Sompo International, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
There are lucrative opportunities in the North American property-catastrophe treaty sector, which Lucy Forcey, senior underwriter for AmTrust at Lloyd’s (ATL) Syndicate 1861, plans to take advantage of. 30 October 2018
Insurance
Rates will soften in the upcoming renewals but some pragmatic cedants prefer to preserve their long-term relationships with reinsurers, Adam Manus of Holborn tells PCI Today. 30 October 2018
Insurance
The US workers’ compensation market remains profitable for insurers, but pricing pressure on rates will inevitably erode performance, according to a report by Fitch Ratings. 30 October 2018
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