Articles
Insurance
The potential of blockchain has been the subject of much debate in the reinsurance world, but it is about to bring concrete benefits to early adopters, says David Edwards of ChainThat. 11 September 2018
Insurance
PERILS, the independent company that provides data to the insurance industry, has taken over the management of the CRESTA secretariat, a global data standard applied to the exchange of insurance information—in a move that will boost the company’s own offering, PERILS CEO Luzi Hitz, told Monte Carlo Today. 11 September 2018
Insurance
Given the hype around the insurtech ‘revolution’, much of the reinsurance industry does not seem to think it is all that impactful at this point, according to Intelligent Insurer’s online survey ahead of the renewals season. 11 September 2018
Insurance
Florence has become a category 4 hurricane on Monday, Sept. 10 as it heads towards the US coast with maximum sustained winds near 195 km/h (130mph), according to the US National Hurricane Center. 10 September 2018
News
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is planning a subsidiary in Luxembourg as it looks to restructure and bolster its presence in the European Union. 10 September 2018
article
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
The re/insurance industry is in a much worse position than its bosses will admit and many carriers will be cashflow negative by the end of 2019, industry veteran Stephen Catlin has warned, in an explosive interview in which he stressed that any executive running a public company could not risk highlighting this reality to investors. 10 September 2018
Alternative Risk Transfer
A mixture of innovation and further commitment to the reinsurance market will mean more opportunities for carriers to work with Freddie Mac, the US-government sponsored enterprise (GSE) that provides liquidity to the US mortgage markets by buying mortgages from lenders, on its risk transfer programme, Gina Healy, vice president of credit risk transfer, Freddie Mac, told Monte Carlo Today. 10 September 2018
Insurance
Technology can help property/casualty (P&C) insurers achieve the 10 percent return on equity (ROE) that investors expect, according to the latest Swiss Re sigma study. 10 September 2018
News
The reinsurers of the future will partner with alternative capital, leverage technology, give clients solutions they want and have a good handle on their cost base—those were some of the conclusions of S&P Global’s Annual Reinsurance Roundtable at the Rendez-Vous de Septembre in Monte Carlo. 10 September 2018
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