News
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
There are lucrative opportunities in the North American property-catastrophe treaty sector, which Lucy Forcey, senior underwriter for AmTrust at Lloyd’s (ATL) Syndicate 1861, plans to take advantage of. 30 October 2018
Insurance
PartnerRe wants to become a top five global reinsurer by doing what it does best—being a pure-play reinsurer and working closely with clients, Richard Sanford, president of PartnerRe, told PCI Today. 30 October 2018
Insurance
Rates will soften in the upcoming renewals but some pragmatic cedants prefer to preserve their long-term relationships with reinsurers, Adam Manus of Holborn tells PCI Today. 30 October 2018
Insurance
The US workers’ compensation market remains profitable for insurers, but pricing pressure on rates will inevitably erode performance, according to a report by Fitch Ratings. 30 October 2018
Insurance
An increase in losses from unmodelled non-catastrophe events has again illustrated the need for rate increases, Mohit Pande, head of US global property underwriting, Swiss Re, told PCI Today. 30 October 2018
Insurance
The re/insurance industry is facing a structural shift as a consequence of the impact of technology, but not every insurtech venture and vendor will be successful, Stefan Holzberger, chief rating officer at AM Best, told delegates at PCI yesterday. 30 October 2018
Insurance
The market remains tough for reinsurers, with rate increases well below what was forecast 12 months ago as an abundance of capacity maintains pressure on the market, Paul Ludwig, senior vice president and client executive of the reinsurance division of Munich Re America, told PCI Today. 30 October 2018
Insurance
The underwriting performance of motor insurers in China has been further polarised since the introduction of motor de-tariffication in 2016, which is transforming the market, Christie Lee, director and head of analytics for North East Asia at AM Best, told SIRC Today. 29 October 2018
Insurance
Allied World’s acquisition of RSA’s operations in Hong Kong and Singapore as well as its takeover by the Fairfax group has strengthened the re/insurer’s capabilities and potential growth opportunities in Asia, Michael Garrison, president Asia-Pacific, told SIRC Today. 29 October 2018
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