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Insurance
Partnering with a strategic managed services provider at the cutting edge of change represents a sensible strategic decision that allows insurers to focus on their core strengths, Arun Balakrishnan, chief executive officer of Xceedance, tells PCI Today. 16 October 2017
Insurance
Retrocessional rates must increase in the aftermath of big losses from the recent hurricanes and underwriters lacking the will to fight for hikes should get out of the business. 15 October 2017
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has established a partnership with CLARA analytics to deliver cutting-edge artificial intelligence (AI) tools to workers’ compensation insurers in the US to help employees return to work as quickly as possible, while decreasing loss ratios and improving operational efficiency. 15 October 2017
Insurance
The recent hurricane losses in the US could help accelerate growth in the insurance-linked securities (ILS) sector—but spreads may not widen as much as investors hope. 15 October 2017
Insurance
The fact that the recent hurricane losses are unlikely to become a capital event for reinsurers owes much to the industry’s greater sophistication in its use of enterprise risk management, writes Stuart Shipperlee, managing director of Litmus Analysis. 15 October 2017
Insurance
The scale of the protection gap in the US highlighted in the aftermath of the recent hurricanes could help nudge the political conversation around how future disasters are financed towards a greater willingness to involve the private sector in risk mitigation. 15 October 2017
Insurance
The covered agreement signed between the US and the EU has the potential to free up billions trapped in onerous collateral requirements. But UK re/insurers must remember the deal will not cover them post-Brexit. Intelligent Insurer reports. 13 October 2017
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
Insurance
RSA group-owned Oak Underwriting said on Oct. 13 that it has extended its high-net-worth (HNW) offering to include home cyber cover for the first time. 13 October 2017
Insurance
Property/casualty insurer Chubb has appointed Edward Rayfield as head of casualty in Singapore. 12 October 2017
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