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Insurance
Despite its vital role allowing global economies to work smoothly while providing security, protection and peace of mind to its customers, the insurance industry struggles to gain respect—perhaps it just needs to communicate better, better, says Mike Morrissey. 1 September 2013
Insurance
Berkshire Hathaway’s recent arrangement with Aon, whereby it takes a 7.5 percent quota share on all retail subscription business with some Lloyd’s participation, has caused controversy in the industry. Intelligent Insurer asked a range of industry figures: “Do you believe it represents an innovative blueprint of things to come in the industry, or a potential threat to underwriting expertise?” 1 September 2013
News
Partners Life, the New Zealand-owned life insurance company founded in 2011, has revealed that Berkshire Hathaway and PartnerRe have become retrocessionnaires on its reinsurance treaty with SCOR. 7 August 2013
News
Voting is now heating up in the second phase of Intelligent Insurer’s annual Global Awards Survey. 24 July 2013
Reinsurance
The growing concentration of power among the ‘Big Three’ brokers is not beneficial for the industry, Rod Fox, TigerRisk’s CEO, tells intelligent insurer. 16 July 2013
Awards
Reputation, client services, innovation and sheer size have all proved popular among the 2013 Global Awards Survey nominees but, as the survey enters its final week, raw talent remains one of the most important qualities cedants seek in their business partners. 26 June 2013
Awards
While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers. 19 June 2013
News
Some $1.6 billion of new issuance catastrophe bond transactions – made up of five bonds – took place in the first quarter, according to Willis Capital Markets & Advisory (WCMA), part of re/insurance broker Willis Group Holdings. 20 May 2013
Insurance
Berkshire Hathaway (BRK) has become the first high profile victim of Standard & Poor’s recent revision of the methodology it uses to evaluate insurance companies. 17 May 2013
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