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Alternative Risk Transfer
Alternative capital keeps growing, and this has many implications for the re/insurance industry, write Graham Coutts, director, insurance and Eduardo Recinos senior director, insurance (LatAm) at Fitch Ratings. 13 November 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global study designed to illustrate the competitive positioning and value proposition of reinsurers in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Latin America were surveyed. 13 November 2017
Insurance
Beazley enjoyed strong growth overall in the first nine months of 2017 but its reinsurance division shrank as the company reduced it because of continued rate decreases – a trend it expects to reverse on cat business, at least, because of the recent heavy losses in North America. 9 November 2017
Insurance
AmTrust Financial Services has posted a prior year adverse reserve development of $326.9 million on a pre-tax basis for the third quarter ended September 30, 2017. 7 November 2017
Insurance
While reinsurers like Swiss Re see rates improving after major nat cat losses in the third quarter, the Greenlight Re CEO is skeptical about an imminent market turn. 2 November 2017
Insurance
Blockchain has the potential to completely change the way the industry looks at the supply chain, David Piesse, chief risk officer at Guardtime, told SIRC Today. 1 November 2017
Insurance
The recent catastrophe losses have changed the market dynamics: rates will increase, benefiting a sector that S&P Global Ratings views as robustly capitalised overall, as David Masters of S&P Global Ratings explains to SIRC Today. 1 November 2017
Insurance
There is still a long way to go on closing the protection gap in Asia-Pacific, and unfortunately it may well take large scale events as seen in some of the largest catastrophe buying regions in the world to change market behaviour, Mark Newman, CEO of Sompo Canopius Asia-Pacific, Middle East and North Africa, told SIRC Today. 1 November 2017
Insurance
Sri Lankan non-life insurers should be able to absorb near-term volatility and the effects of adverse weather-related events given their extensive use of reinsurance, Fitch Ratings said in a report called Reinsurance Keeps Sri Lankan Insurers Afloat Amid Floods. 1 November 2017
Insurance
Available reinsurance capacity in Asia-Pacific is unlikely to be affected by the recent catastrophe losses in North America; as such, reinsurers will offer a “measured” response in the region, George Attard, head of Aon Benfield Analytics, Asia Pacific, told SIRC Today. 1 November 2017
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