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Alternative Risk Transfer
With an increasing number of re/insurers beginning to enter the insurance-linked securities (ILS) market and issue cat bonds, two senior executives from users of these markets described the process at an event in Monte Carlo. 16 September 2014
News
Two distinct types of buyer are emerging in the market’s ultra-competitive environment: those who appreciate the long-term nature of reinsurance and buy on the basis of reliability and ability to pay claims, and those who buy purely on the basis of price, securing coverage as cheaply as possible. 16 September 2014
Insurance
Recent English cases reinforce the principle that following markets will be forced to pay claims as settled by their expressly designated lead underwriter, as Bill Perry, senior partner of Carter Perry Bailey and immediate past president of Insuralex, explains. 16 September 2014
Insurance
Charles Taylor Adjusting (CTA) has appointed Richard Booker as a senior executive adjuster specialising in property and casualty claims and onshore energy losses. 15 September 2014
Insurance
Cooper, Gay, Swett & Crawford (CGSC) has appointed Thomas Ruggieri as chief executive officer (CEO) and president of North American operations. 15 September 2014
Alternative Risk Transfer
As the rise of the ILS market continues, Paul Schultz, CEO of Aon Benfield Securities, talks to Intelligent Insurer about the sector’s evolution and how, with moves to increase its accessibility, he expects a strong performance in the second half of the year. 15 September 2014
Alternative Risk Transfer
The availability of cheap reinsurance in the Australian market has made it unnecessary for Suncorp, one of the biggest insurers in Australia and New Zealand and one of the largest users of reinsurance in the world, to tap the insurance-linked securities (ILS) markets so far, the company’s buyer said. 14 September 2014
Insurance
Reinsurers face three main challenges, in the view of Hannah Grant, head of reinsurance at Insurance Europe. These are significant regulatory changes, increases in extreme weather and growing market access problems. 14 September 2014
Reinsurance
The Indian insurance sector is on the threshold of a sustained period of growth, says Ashok Kumar Roy, chairman cum managing director of GIC Re. 14 September 2014
News
It can be hard to keep a level head in what is such a competitive and crowded marketplace but this is what reinsurers must do during the forthcoming renewals, believes Mo Tooker, head of global property and casualty business at Gen Re. 14 September 2014
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