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Insurance
Overcapacity in the industry is a red herring—the real issue is one of underinsurance, writes John Holm, executive, MGA Investments at Asta Underwriting Management. 24 October 2016
Insurance
Re/insurers are making more capacity available for parametric weather coverage, which is driving prices down, according to Kurt Cripps, managing director at Aon Benfield, who said that the broker has created a panel of more than 15 carriers. 24 October 2016
Insurance
There will be less talk of rate reductions in Baden-Baden this week as buyers and brokers have both accepted that further reductions will not help the market, Geoffrey Peach, executive vice president of TransRe Europe and chief executive of TransRe London, told Baden-Baden Today. 24 October 2016
Insurance
Zurich Insurance will seek further efficiencies in its reinsurance programme by combining parts of its two major placements globally, in a move that will benefit its core reinsurance partners at the cost of some smaller players, Markus Meier, head of reinsurance management at Zurich Insurance Company, told Baden-Baden Today. 24 October 2016
Insurance
As traditional lines remain challenging for re/insurers, diversifying into US mortgage credit business can offer lucrative growth opportunities, Joe Monaghan, executive managing director, Aon Benfield tells PCI Today. 24 October 2016
Insurance
In yesterday’s newsletter we published the results of a survey of PCI delegates conducted ahead of the conference. Luke Roden, head of ceded re & global head of catastrophe at Qatar Re, now answers those same questions in more detail. 24 October 2016
Insurance
Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL. 24 October 2016
Insurance
Kinetic Insurance Brokers has made a series of board appointments following its acquisition by the Torlea Group. 24 October 2016
Insurance
Mutual insurance association The Standard Club has partnered with Hydor, an Oslo-based managing general agent (MGA), to create an MGA joint venture that will provide marine and energy cover across Nordic markets. 24 October 2016
Insurance
Catastrophe insurance data provider PERILS has updated its ‘Wind-Jeannie’ website, which provides live forecasts of insurance industry losses from European windstorms, with more up-to-date loss forecasts based on recent windstorm events. 24 October 2016
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