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New model will make Lloyd’s product available retail through Acrisure distribution. 14 September 2022
Technology
Reinsurance tech firm Supercede has claimed that cedants could save as much as $300 million in labour costs by using technology to speed the process of submitting often complex reinsurance submission packs relating to treaty reinsurance. 14 September 2022
Insurance
“A major reason why Moody’s bought RMS is that there’s something very powerful about the consistency of analytics that enables the future solving of a problem to occur,” Ben Brookes, VP of consulting services at RMS, told Intelligent Insurer. 13 September 2022
Insurance
Discussions in Monte Carlo were centred on three core areas, all of them based around supply dynamics, Tom Wakefield, chief executive officer of Gallagher Re UK, told Intelligent Insurer. 13 September 2022
Insurance
Transparency is crucial for this year’s 1/1 negotiations, according to NewRe chief executive officer Thomas Braune, as capacity shortages, inflation and a wave of wider uncertainties have hit the reinsurance market. 13 September 2022
Insurance
Despite the enormously complex global macroeconomic environment there are still “pockets of opportunities’ in certain lines of business—and they will be the focus of Dale Underwriting, a Lloyd’s underwriting business, while sticking to its core expertise. 13 September 2022
Insurance
Any move to increase rates on the basis of wider global market trends will be resisted by Benoît des Cressonnières, the buyer for Allianz Trade and chief executive officer of Euler Hermes Reinsurance, part of Allianz Trade, on the basis that his business has been consistently profitable for some 14 years. 13 September 2022
Insurance
AkinovA has plans to partner with companies in the intellectual property space, its chief executive officer, Henri Winand, told Intelligent Insurer. 13 September 2022
Insurance
Excessweather, a Lloyd’s broker that specialises in parametric products, has seen demand for its products and expertise surge thanks to a combination of new technology enabling the use of such solutions and a greater awareness of the possibilities globally. 13 September 2022
Insurance
Discussions about capacity are more complex at this year’s Monte Carlo than at previous meets, according to Jim Bichard, global insurance leader, PwC. 13 September 2022
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