News
Insurance
The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO). 23 October 2019
Insurance
Javier San Basilio, regional director Europe at Mapfre Re, said the reinsurer sees its future in building partnerships and relationships with clients. 23 October 2019
Insurance
The re/insurance industry is now going through the changes that the banking and financial services sector encountered after 2008, according to Vivek Bajaj, managing director for Continental Europe at RMS. 23 October 2019
Insurance
Reinsurers continue to wrestle with the question of whether and how to engage with new and emerging risks such as cyber, with more than half of respondents to an Intelligent Insurer survey of the industry saying it was the big issue on their company’s agenda. 23 October 2019
Insurance
Contrary to expectations that solvency ratios would start to be seen as a substitute for credit ratings, credit ratings are in fact becoming more important, Stuart Shipperlee, managing director of Litmus Analysis, told Baden-Baden Today. 23 October 2019
Insurance
Swiss Re’s dedicated P&C Solutions teams are going beyond the hype to apply a collaborative approach that delivers profitability and efficiency to its clients, as Fernando Villar explained to Baden-Baden Today. 23 October 2019
Insurance
US flood risk is an increasingly important and also complex issue for the US market, according to Raghuveer Vinukollu, senior vice president and natural catastrophes lead for innovation and strategic products at Munich Re America. 22 October 2019
Insurance
While most re/insurers are now playing an active role in the insurtech space, either by partnering with startups or developing solutions themselves, a surprising number admit to watching developments in the space but without yet acting. 22 October 2019
Insurance
US homeowners insurance premiums are forecast to continue to grow in 2019 with an increasing return on equity for insurers, according to Aon’s Reinsurance Solutions business’s annual Homeowners Return on Equity (ROE) Outlook report. 22 October 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, is urging more reinsurers to consider participating on its risk transfer programme as it looks to further innovate in terms of the types of risk it is passing on. 22 October 2019
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