News
Insurance
The re/insurance industry is now going through the changes that the banking and financial services sector encountered after 2008, according to Vivek Bajaj, managing director for Continental Europe at RMS. 23 October 2019
Insurance
Competition and change are the only certainties re/insurers are promised in today’s market, according to the annual review of property and casualty (P&C) results from global risk and reinsurance specialist Guy Carpenter & Company. 23 October 2019
Insurance
Swiss Re’s dedicated P&C Solutions teams are going beyond the hype to apply a collaborative approach that delivers profitability and efficiency to its clients, as Fernando Villar explained to Baden-Baden Today. 23 October 2019
Insurance
Solutions to the issue of silent cyber are emerging amid the uncertainties, according to Guy Carpenter. But firms must take this issue seriously as regulators and rating agencies are now taking a close interest in the issue with the risk of downgrades very real for companies that do not get a handle on the challenge. 22 October 2019
Insurance
In a world dominated by short-term gains, Holborn bucks the trend. As Holborn edges closer to celebrating 100 years in business next year, Berto Sciolla, one of its newer recruits, explained to APCIA Today what attracted him to the firm and what sets it apart. 22 October 2019
Insurance
Cyber is one of Munich Re’s main strategic growth areas, according to Doris Hopke, member of the board of management at the reinsurer. She said that while the cyber segment part of the firm’s market “is still small” the number of incidents is increasing rapidly, and the financial impact of these incidents is becoming more severe. 22 October 2019
Insurance
Re/insurers are realising that pricing needs to adapt to the new risks presented by increasingly severe weather-related events, as Claudia Cordioli of Swiss Re explained to Baden-Baden Today. 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
The market should brace itself for some disruption if the Terrorism Risk Insurance Act (TRIA) is not extended in 2020—and carriers should definitely assume that changes to the terrorism backstop will be made, and prepare accordingly. 21 October 2019
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