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Amid a period of uncertainty for US insurers grappling with a myriad of challenges including social inflation, surplus lines carriers are reaping the rewards as admitted carriers withdraw capacity in certain areas. 10 September 2022
Insurance
Cedants understand that hardening rates in all lines must be borne by all in what is an intrinsically mutual global risk transfer industry, Laurent Montador, deputy CEO of CCR and CCR Re, told Intelligent Insurer. 10 September 2022
Insurance
Tatsuhiko ‘Tats’ Hoshina, the industry veteran credited with steering Tokio Millennium Re from being a $125 million Bermuda property-cat reinsurer to a $1.2 billion global, multiline player, is looking for a new job. Well, more backers, actually. He thinks now is the perfect time to start a reinsurer—and he is open to offers. 10 September 2022
Insurance
Soaring inflation and the impacts of climate change on the frequency of natural disasters are expected to be key topics for Hannover Re as the reinsurer attends this year’s Monte Carlo Rendez-Vous. 10 September 2022
Insurance
An exodus of capacity from the property cat market has resulted in the best pricing in that sector since 2006—and this means a clear opportunity for reinsurers, says Bewlay. 10 September 2022
Insurance
‘The planets and stars are lining up, so maybe we'll play it for the next couple of years.’ 9 September 2022
Insurance
The executive to lead industry specialties for Corporate Risk & Broking (CRB) North America. 9 September 2022
Insurance
‘This is not necessarily going to be a business-as-usual renewal.’ 9 September 2022
Insurance
The ‘decisive action’ follows an ongoing review of strategic alternatives to up investor value. 8 September 2022
Insurance
Competition mandate laced throughout review, but clearly demoted from primary remit. 8 September 2022
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