News
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
Bermuda-headquartered re/insurance company Sirius International has acquired US-based healthcare specialist ArmadaCorp Capital to boost its accident and health (A&H) insurance business. 4 April 2017
Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by Category 4 severe tropical Cyclone Debbie, which made landfall today (March 28) in Queensland, Australia. 28 March 2017
News
Pool Re, a mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Andrew Sean Donaldson as deputy head of risk analysis. 28 March 2017
Insurance
The Banking Committee which will soon act on the US flood insurance reauthorization and reform National Flood Insurance Program (NFIP) should make meaningful reforms to the programme to ensure it is financially stable in the long-term, lobby group SmarterSafer said. 30 June 2017
Insurance
India remains a land of opportunity for reinsurers—but those that collaborate and innovate will benefit the most, says Devesh Srivastava, general manager of GIC Re. 29 October 2018
Insurance
Artificial intelligence and machine learning that leverage large legacy, and not so legacy, data caches are set to provide improved pricing accuracy for firms merging with or acquiring others, while Latin America and Asia offer fresh conquests for acquisitive firms. Intelligent Insurer investigates. 18 February 2020
Awards
Two strong reinsurers, Catlin Re and XL Re, battled it out for first place of best reinsurer for innovation with a GWP of less than $2 billion. Catlin slipped in just ahead with a score of 7.17 out of 10, a minimal difference from XL Re’s score of 7.16. 14 September 2014
Insurance
Being an incumbent and established player is a natural advantage in the re/insurance market, but only when combined with a receptive approach to disruptive newcomers, according to panellists in Guy Carpenter’s Symposium at Baden-Baden on Sunday. 24 October 2017
Insurance
The search for capital relief under Solvency II and thin margins on the insurance side of the business are the two biggest factors driving demand for reinsurance in Europe at the moment, Jan Ekberg, president of EMEA, Axis Re, told Baden-Baden Today. 22 October 2018
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