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Insurance
Phoenix 1 Re is the first ILS vehicle to be solely focused on Pan-Asian catastrophe risks. 5 January 2021
Insurance
Poor liquidity, under-pricing, under-reserving, and management and governance issues are among the main recurring issues that have caused, and still are causing, the failure of rated and unrated insurers, according to a report published by Standard & Poor's Ratings Services. 19 June 2013
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) will launch a joint venture that will create the third biggest personal lines insurer in the UK thanks to a deal that values LV=’s general insurance at more than £1 billion. 4 August 2017
Insurance
Specialist Lloyd’s broker MNK Re has launched a residual value insurance (RVI) centre of excellence with the appointment of Robert Prince as practice leader. 2 September 2019
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
Insurance
From its home market in Central Europe, VIG Re is expanding in Continental Europe taking advantage of its low cost base, Johannes Martin Hartmann, its chief executive, told Baden-Baden Today. 24 October 2018
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
Property loss activity has been benign in Central and Eastern Europe (CEE) in the past five to six years, benefiting insurers and reinsurers—but this should not mean rate decreases, Christian Kreutzer, head of market underwriting CEE at Swiss Re, told Baden-Baden Today. 24 October 2018
Insurance
The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Insurance
The challenge of how to respond to insurtech is one of the biggest concerns of top executives in the industry, according to a survey conducted earlier this year by AdvantageGo, part of NIIT Technologies. 24 October 2018
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