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While the industry has enough capital to handle the losses from the recent hurricanes, even at the higher end of estimates, it will be the psychology of the market that will determine potential changes in rates, with the fear factor having an important role to play, Brian Schneider, Fitch Ratings’ global head of reinsurance, told PCI Today. 16 October 2017
Insurance
RenRe's planned acquisition of Platinum Underwriters has caused mixed reviews amongst rating agencies. 26 November 2014
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
Broker Marsh has agreed to acquire insurance technology service provider Dovetail Insurance. 7 August 2015
News
Munich Re will target higher profits by growing its property/casualty (P&C) reinsurance business, turning around its primary insurer ERGO, taking advantage of digitisation and by cutting costs, CEO Joachim Wenning explained during the reinsurer’s second-quarter results presentation. 9 August 2018
Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has appointed Dipesh Patel as deputy class underwriter of accident and health (A&H) at syndicate DTW1991. 1 October 2015
Insurance
Terrorist groups such as Islamic State have shed light on gaps in the offering of terrorism insurance which offers an opportunity to grow for some carriers. 26 December 2016
Insurance
Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed two senior underwriters to lead the syndicate’s planned product diversification. 26 November 2015
Insurance
Many reinsurers underestimate the obstacles that often still need to be overcome when it comes to turning a positive outlook from a rating agency into an upgrade. But it is still achievable if the rating agency’s methodology and requirements are better understood. 12 September 2017
Insurance
Maintaining a good relationship with the rating agencies is more important than ever for reinsurers. Rowena Potter, senior consultant with Litmus Analysis, offers 11 tips that will smooth the path to a better mutual understanding. 10 September 2017
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