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Insurers are too dependent on capital models, believes Mo Tooker, president and global head of the property/casualty business of Gen Re, a Berkshire Hathaway company. 20 October 2014
Reinsurance
Diversification should not be regarded as a panacea by reinsurers and the industry as a whole must be wary of the consequences of under-pricing catastrophe risks however they are packaged. 8 September 2013
Insurance
Caribbean catastrophe facility CCRIF said on Oct. 30 that it is paying out $7.0 million to Trinidad & Tobago from its excess rainfall policy following a period of heavy rainfall between Oct. 18 and Oct. 20, 2017. 31 October 2017
Insurance
Lloyd’s re/insurance broker RFIB Group said on Oct. 30 that it has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia, according to the statement. 30 October 2017
Insurance
The war of words between Argo Group and activist shareholder Voce Capital Management has intensified in the run up to a crucial May 24 vote when shareholders will have to choose between supporting Argo’s directors and nominees and proposals for change mooted by Voce. 13 May 2019
Insurance
Dutch insurance group Aegon has agreed to divest the last substantial block of its life reinsurance business to SCOR Global Life. 8 August 2018
Insurance
Appealing to a dynamic and diverse workforce will be central to the long-term success of the industry, says Matthew Connell of the Chartered Insurance Institute. 13 May 2019
Insurance
Many countries began the year with fiscally conservative and business-friendly administrations, following regional elections, but domestic challenges remain, Mathias Jungen, head of reinsurance Brazil and the Southern Cone at Swiss Re, has told FIDES Today. 11 September 2019
Insurance
Regulatory changes in Latin America are pushing local insurers to leverage catastrophe risk models in-house, making them better able to compete with global insurers who have long had access to models. 11 September 2019
News
Germany-based Munich Re has appointed Maximilian Zimmerer to its supervisory board, succeeding Peter Gruss who has resigned from the position with effect from June 30, 2017. 5 July 2017
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