News
Insurance
Insurers, reinsurers and brokers from all over the world attend the Singapore International Reinsurance Conference (SIRC) for a variety of reasons—but the principal one is to reaffirm relationships with existing clients in a relaxed environment. 31 October 2017
Insurance
Specialty insurer Brit has launched a new US-based cyber and technology team with the appointment of Michael Carr as senior vice president to lead the offering. 1 March 2017
Insurance
Softening rates in the mainstream reinsurance market have driven players to seek growth in alternative lines. Focusing on one of those lines—excess and surplus—Intelligent Insurer looks at new entrants seeking a part of the action and asks whether this market has the sustainability for increased capacity. 1 May 2015
Insurance
The major losses from hurricanes Harvey, Irma and Maria and the Mexican earthquakes will not only impact the results of insurers and reinsurers for this year, but highlight other non-cat lines of business that have been underperforming or that are price-challenged. 25 October 2017
Insurance
Cyber modelling will move from testing portfolios against certain risk scenarios to including probability of occurrence in Europe, Yörn Tatge, senior vice president AIR Worldwide, told Baden-Baden Today. 25 October 2017
Insurance
The recent string of hurricanes and other events that have hit the re/insurance industry in the third quarter of 2017 have also provided it with the opportunity to step up and play its part, according to Brian Ingle, head of analytics at Willis Towers Watson (WTW). 16 October 2017
Insurance
Evacuation orders in California have widened with residents of Calistoga and Geyserville now under mandatory evacuation orders as multiple wildfires exacerbated by hot, dry, and windy conditions have spread across eight counties of California, according to an Oct. 12 report by catastrophe modelling firm AIR Worldwide. 13 October 2017
Insurance
RSA group-owned Oak Underwriting said on Oct. 13 that it has extended its high-net-worth (HNW) offering to include home cyber cover for the first time. 13 October 2017
Insurance
Risk management solutions provider Assurant said July 10 that it finalised a $1.36 billion property catastrophe reinsurance program. 11 July 2017
Alternative Risk Transfer
With the $10 billion threshold for annual ILS issuance finally pierced in 2017, it’s time for the global risk transfer community to make ‘catastrophe bonds phase II’ a reality, according to the quarterly PCS Q4 2017 Catastrophe Bond Report, authored by Tom Johansmeyer, assistant vice president, PCS Strategy and Development. 4 January 2018
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