News
News
The idea that tiers are emerging in the reinsurance industry is valid, but not in the way some expect. The industry’s new class of tier 1 players are nimble, innovative, savvy in their use of technology, cutting-edge in their risk selection and have their costs and expenses under control, Kathleen Reardon, chief executive of Hamilton Re, told Monte Carlo Today. 12 September 2016
Insurance
The reinsurance industry has the potential for strong and sustainable growth if it can find ways of plugging the penetration gap that exists in many markets around the world—and is also growing, Jonathan Gale, chief executive officer of XL Catlin London, said yesterday at S&P’s executive reinsurance roundtable in Monte Carlo. 12 September 2016
Insurance
While rates are showing signs of flattening out, the soft market is far from over and reinsurers are having to make tough choices on retaining market share versus protecting profits. Intelligent Insurer reports. 10 September 2016
Insurance
Modernisation and digitisation have long been on the agenda of the London Market—but progress has been painfully slow. Now, a variety of factors are converging to make change perhaps still painful, but at least more likely to be achieved. 10 September 2016
Insurance
XL Catlin extended its global property insurance capacity to $400 million, an increase of more than 25 percent compared to its previous $300 million capacity, to accommodate increasing property values around the world and more complex risks. 9 September 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its environmental impairment liability (EIL) team with senior hires in the North American and Mediterranean regions. 8 September 2016
Insurance
XL Catlin has appointed Lauren Tennant Pollock as vice president, emerging markets based in New York. 6 September 2016
Insurance
XL Catlin’s insurance operation in France has appointed François-Xavier d’Huart as head of client and broker management and Stéphane Gobet as client and distribution leader. 6 September 2016
Alternative Risk Transfer
Having weathered competitive and recessionary challenges, Bermuda is experiencing a renaissance of sorts. Turbulence and uncertainty in other global hubs are making the industry’s traditional incubator of change look very much like a safe harbour for companies seeking robust and innovative risk-transfer solutions. Bermuda:Re+ILS reports. 2 September 2016
Insurance
XL Catlin has updated its active assailant coverage to include the use of road vehicles in an attack. 1 September 2016
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