News
Insurance
The re/insurance industry is facing a looming recruitment crisis, with many key figures now approaching retirement age and not enough effort being focused on bringing in the next generation of leaders and innovators, panellists agreed at the Guy Carpenter symposium on Sunday. 22 October 2019
Insurance
Insurers and reinsurers are entering a period of significant challenges that will affect the products that are offered and the very way they do business, Jon Hancock, director of performance management at Lloyd’s, said at the Guy Carpenter symposium at Baden-Baden on Sunday. 22 October 2019
Insurance
S&P Global Ratings has maintained a stable outlook on the global reinsurance sector although the fundamental secular competitive trends haven’t abated. Karakuyu and Johannes Bender summarise S&P’s 2020 Reinsurance Sector Outlook. 22 October 2019
Insurance
InsurTech company CPP Group has launched a new cyber Insurance product, for SME businesses, on the Acturis insurance administration and trading platform. 21 October 2019
Insurance
Pricing across the risk transfer market continues to resemble a U-curve, with primary rates increasing, retrocessional rates increasing—but reinsurance pricing remaining stubbornly flat with only loss-hit accounts experiencing any meaningful rate hikes. 21 October 2019
Insurance
Most lines of business in Munich Re Syndicate’s portfolio are seeing rates increase and, in some cases, a quite significant increase, according to Dominick Hoare, the syndicate’s group chief underwriting officer. 21 October 2019
Insurance
Is the re/insurance sector ready for Industry 4.0? Marcus Schmalbach, Ryskex, asked the question and provided some answers for Baden-Baden Today. 21 October 2019
Insurance
With the renewals season ahead and the final Brexit outcome still uncertain, Aon’s Jan-Oliver Thofern, chief executive officer of Reinsurance Solutions Germany, said he “doesn’t expect any significant disruption for reinsurance in Germany”. 21 October 2019
Insurance
Adequacy is the biggest challenge facing the reinsurance industry, according to Andy Hottinger, president of EMEA and LatAm at AXIS Re. 21 October 2019
Insurance
With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for both the world economy and its own aims, Devesh Srivastava of GIC Re told APCIA Today. 20 October 2019
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