Articles
Alternative Risk Transfer
The 2017 natural catastrophes, which resulted in record insured losses globally, also served to test the quality of reinsurance providers—and some stark differences in quality were revealed, Stephan Ruoff, CEO of Tokio Millennium Re (TMR), told Baden-Baden Today. 23 October 2018
News
The protection gap in Europe remains large in many countries—but this is where growth can be generated for reinsurers as governments look to solve this challenge, as Claudia Cordioli of Swiss Re tells Baden-Baden Today. 23 October 2018
News
Against a backdrop of consolidation and change among global reinsurers, focused regional players can reap the rewards and offer cedants something they cannot find elsewhere: strong local knowledge and expertise, argues Fuad Kuliyev of Az Re. 23 October 2018
Insurance
The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today. 23 October 2018
Insurance
Although consolidation over the past five years has considerably reduced the potential pool of partners, the pressure on re/insurers to engage in mergers and acquisitions (M&A) remains strong, and companies with strong third party capital management positions are seen as particularly attractive targets, Catherine Thomas, senior director of analytics at AM Best, told Baden-Baden Today. 23 October 2018
News
Reinsurers have stopped worrying about the elongated soft market and are now more inclined to improve their performance in other ways. A panel discussed these trends at a roundtable in Baden-Baden, hosted by Intelligent Insurer and sponsored by S&P Global Ratings. 23 October 2018
News
Discussions about pricing were unusually quiet in Monte Carlo and the same is true in Baden-Baden so far this year, suggesting that rates are becoming less of a focus in the renewals negotiations, Frank Reichelt, Swiss Re’s market executive Northern, Central, Eastern Europe, told Baden-Baden Today. 23 October 2018
News
It has enjoyed solid growth and an upgrade this year, which it describes as an historic achievement. But Sava Re remains wary of market forces as it heads into Baden-Baden, says the firm’s Aleš Mirnik. 23 October 2018
Insurance
Discussions about pricing were unusually quiet in Monte Carlo and the same is true in Baden-Baden so far this year, suggesting that rates are becoming less of a focus in the renewals negotiations, Frank Reichelt, Swiss Re’s market executive Northern, Central, Eastern Europe, told Baden-Baden Today. 23 October 2018
Insurance
Insurance buyers can expect European reinsurers to be flexible on rates in the January renewals, which are likely to be defined by mid-single digit risk-adjusted decreases for property-cat business, Alkis Tsimaratos, managing director and head of EMEA West/South operations at Willis Re, told Baden-Baden Today. 23 October 2018
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