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Reinsurers are gradually changing their market strategy, which will support the sector’s long-term sustainability, Andrew Wu, board director at Dagong Europe Credit Rating, told Baden-Baden Today. 23 October 2017
Insurance
Reinsurance technology, dubbed reinsurtech, such as blockchain has the capacity to significantly change how the traditional reinsurance market operates. 23 October 2017
Insurance
Negotiations at this year’s Baden-Baden reinsurance conference might be much more lively than in previous years as cedants, reinsurers and brokers attempt to make sense of the impact of hurricanes Harvey, Irma and Maria and how they should respond when it comes to rates. 23 October 2017
Alternative Risk Transfer
Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer. 19 April 2018
Insurance
Qatar Insurance Company (QIC) has reported a small increase in its profits last year but a big hike in its gross written premiums driven by its continued geographical expansion. 21 January 2016
Insurance
New insurtech managing general agent (MGA) C-Quence has secured underwriting capacity from Arch Insurance Company (Europe). 31 July 2018
Insurance
Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria. 31 July 2018
Insurance
Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia. 18 April 2018
Insurance
Trade bodies have welcomed the news that the US intends to sign a covered agreement with the European Union noting that it provides certainty for reinsurers on both sides of the Atlantic. 17 July 2017
Insurance
Specialty re/insurer Canopius has hired Victoria Phillips as an energy underwriter from Marsh, based in Singapore. 22 January 2018
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