News
Insurance
Contrary to expectations that solvency ratios would start to be seen as a substitute for credit ratings, credit ratings are in fact becoming more important, Stuart Shipperlee, managing director of Litmus Analysis, told Baden-Baden Today. 23 October 2019
Insurance
The fact that the Terrorism Risk Insurance Act (TRIA) needs to be renewed in an election year adds a potential complication to Congress’s reauthorising the terrorism insurance backstop, according to analysts at AM Best. 22 October 2019
Insurance
AM Best expects reinsurers’ earnings to see further erosion in 2019 following another year of major catastrophe losses, but the spate of catastrophe events may prolong the positive momentum that reinsurance pricing has experienced throughout 2019. 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
Providers of cyber re/insurance must continually adjust to what is an ever-evolving risk and an ever-adapting market, Annamaria Landaverde, senior vice president and cyber practice lead at the reinsurance division of Munich Reinsurance America, told APCIA Today. 22 October 2019
Insurance
David Barber, a Lloyd’s underwriter for 30 years specializing in US casualty business, is joining Fortegra Financial Corporation as the Chief Underwriting Officer for specialty lines in London. 22 October 2019
Insurance
VIG Re is benefiting from increased demand from buyers keen to work with a reinsurer that can offer something different and a low cost ratio, Johannes Martin Hartmann told Baden-Baden Today. 22 October 2019
Insurance
Pressure on rates continues to be a considerable concern for the re/insurance industry ahead of the renewals season, with more than half of the respondents to a recent survey by Intelligent Insurer citing it as their biggest challenge. 22 October 2019
Insurance
Following its rating upgrade to ‘A’ last year, Sava Re is taking on more cat business and enjoying steady growth, as the firm’s Peter Skvarča and Edward Ottino tell Baden-Baden Today. 22 October 2019
Insurance
Reinsurers are better placed to cope with a possible departure of the UK from the EU with no agreed deal than UK primary insurers, according to Graham Coutts, EMEA head of reinsurance at Fitch Ratings. 22 October 2019
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