A new age of innovation for insurers
A fundamental transformation of the insurance business is under way, driven by technology and innovation, and insurers must seek to drive co-created value through global networks, says Indranil Nath of DXC Technology.
A wake-up call in uncertain times: Swiss Re
The warning signals from 2017 are clear: the future success of our industry will depend on the strength of our partnerships and our ability to combine the knowledge and assets of each in order to develop innovative solutions, says Moses Ojeisekhoba of Swiss Re.
SCOR’s Kessler predicts the end of dinosaurs
Citing Charles Darwin, SCOR CEO Denis Kessler believes that only the companies most responsive to change will survive in an increasingly complex and dynamic operating environment for reinsurers.
Why hard markets are a relic of the past
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers.
Mapfre: Keeping pace with change
Spanish re/insurer Mapfre embarked on an overhaul of its Global Risks business in July, which includes integrating some of the business into Mapfre Re. Eduardo Perez de Lema Holweg, chief executive and chairman of the management committee of Mapfre Re, explains the logic for the restructuring and his perspective on the industry’s health.
Buyers: The most important people in the room
Despite recent losses, buyers seem to retain the upper hand in negotiations as we move into the renewals. On this basis, some are taking the opportunity to fine-tune their reinsurance programmes; others are even seeking rate decreases—Intelligent Insurer spoke to four of them for their take on the state of negotiations.
Tokio Marine exits reinsurance as profitability slumps
Challenging market conditions and a renewed focus on building its primary insurance business have resulted in Tokio Marine Holdings taking the decision to divest its reinsurance operations in a $1.5 billion sale to specialist Bermuda reinsurer RenaissanceRe Holdings, which is scaling up its business.
M&A insurance: a standard tool driving deals
The use of merger and acquisition insurance and related products has become prevalent in Europe and the US, driven by its ability to reduce deal negotiations and transfer uncertainty, as David De Berry of Concord Specialty Risk and Tim Martin of Hunter George & Partners tell Intelligent Insurer.
Yes, you should be afraid of Amazon
As Amazon eyes an entry into the insurance industry, just how worried should insurers be? Intelligent Insurer investigates.
Lloyd’s sees light, but it’s a long tunnel ahead
Lloyd’s has accelerated its profitability review as it attempts to turn around underperforming syndicates—but as its latest results prove, there remains a long and potentially winding road ahead. Intelligent Insurer reports.
