News

Insurance

Bulk of recent cat losses to be borne by insurers

Recent natural catastrophes are likely to have only limited impact on reinsurers as the bulk of the losses will be borne by primary insurers, according to S&P Global Ratings.   6 September 2018

Insurance

St. Maarten joins Caribbean’s cat risk facility CCRIF SPC

St. Maarten has joined CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), purchasing coverage for tropical cyclones, earthquakes and excess rainfall.   6 September 2018

Insurance

Insurtech Concirrus launches AI-powered marine platform

London-based insurtech company Concirrus launched an AI-powered marine insurance analytics platform called Quest.   20 September 2017

Insurance

Allianz appoints new heads for Germany, Italy after resignation

Allianz said on Sept. 19 that the supervisory board of its German unit named Klaus-Peter Röhler CEO of the German operations, effective Jan. 1, 2018.   20 September 2017

Insurance

Non-life reinsurers face headwinds in China

Reinsurers face underwriting challenges in the non-life business in China due to lower demand and higher competition, according to rating agency AM Best.   18 December 2017

Insurance

Ascent lures Catlin and Lime Underwriting execs

Ascent Underwriting, the managing general agent (MGA) specialising in emerging and professional risks, has entered the UK and Irish professional indemnity and directors and officers markets.   27 November 2014

Insurance

Rate declines are reducing in Europe, claims Fitch

Underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets, according to Fitch Ratings.   16 March 2017

News

Reinsurance sector outlook lifted by Fitch

Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, on the belief that earnings have settled at a "new normal".   4 September 2018

Reinsurance

Melding Asian security and US risk

AM Re has facilitated the introduction of Asian capacity providers to US risk a match that benefits both parties and which is going from strength to strength as a result, Shevawn Barder, the company’s chief executive, tells Intelligent Insurer.   3 July 2019

Insurance

Fitch moves US P&C outlook to stable after rebound

Fitch Ratings has revised the sector outlook for US property and casualty (P&C) insurers to stable from negative.   4 December 2018

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