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Insurance
Super Typhoon Meranti, which made landfall in China’s Fujian Province at 3:05am local time on September 15, is the strongest recorded typhoon in the region since 1949, according to catastrophe modelling firm AIR Worldwide. 16 September 2016
Insurance
A UK inquiry into Solvency II (S2) and the impact of post-Brexit change is likely to look closely at capital requirements for annuities and at potential risks for reinsurers if future UK rules are not considered equivalent to S2, Fitch Ratings has said. 15 September 2016
Insurance
Pricing competition and a continuing soft market will weaken French-non life insurers’ earning in 2016, according to a report from Fitch Ratings. 15 September 2016
Insurance
The insurance-linked securities (ILS) market needs to embrace more forms of risk, according to Tom Johansmeyer, assistant vice president, PCS strategy and development at ISO Claims Analytics. 14 September 2016
Insurance
Reinsurance companies need to be as agile as possible in order to compete in the current market, Kathleen Faries, head of Bermuda at Tokio Millennium Re (TMR), told Monte Carlo Today. 14 September 2016
Insurance
Possibly the biggest single talking point of Monte Carlo 2016 has been the surprise and somewhat bizarre rebranding of broker Cooper Gay as Ed. 14 September 2016
Insurance
Susan Lane, co-CEO of Tokio Solution Management, says she sees big opportunities for innovation and growth in the work it is doing working closely with third party capital markets. 14 September 2016
Insurance
More mergers and acquisitions (M&A) are likely in the industry with deals going to emerge in the last quarter of 2016 and the first quarter of 2017, Arthur Wightman, PwC Bermuda leader and insurance leader for Bermuda & the Caribbean, told Monte Carlo Today. 14 September 2016
Insurance
As reinsurers claim they cannot afford further price cuts in the year-end renewal, the boss of Allianz Re, which handles the reinsurance strategy of the Allianz Group, has stated he will not seek further rate reductions and is interested only in stable, sustainable pricing. 14 September 2016
News
In the aftermath of the UK’s vote to leave the European Union (EU) Tokio Millennium Re’s (TMR) UK branch is in a position to watch things with more equanimity than others. 14 September 2016
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