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The market should brace itself for some disruption if the Terrorism Risk Insurance Act (TRIA) is not extended in 2020—and carriers should definitely assume that changes to the terrorism backstop will be made, and prepare accordingly. 21 October 2019
Insurance
Bermuda remains the global leader in the ILS space. Helen Goonewardene, vice president, business development at HSBC Securities Services, Bermuda, told APCIA Today why. 21 October 2019
Insurance
The US market is in a period of transition, and Swiss Re is helping its primary insurance clients navigate this changing environment by helping them plug gaps in coverage and open up new opportunities, Keith Wolfe, president of US property & casualty, told APCIA Today. 21 October 2019
Insurance
Small, transactional, commercial lines business in the US will increasingly adopt a direct-to-insurer business model, cutting brokers out of the loop, in the same way personal lines business has evolved. 21 October 2019
Insurance
Alternative capacity and its effect on the market is expected to dominate conversations at this year’s Baden-Baden Reinsurance Meeting, according to an Intelligent Insurer reader survey ahead of the event. 21 October 2019
Insurance
Most lines of business in Munich Re Syndicate’s portfolio are seeing rates increase and, in some cases, a quite significant increase, according to Dominick Hoare, the syndicate’s group chief underwriting officer. 21 October 2019
Insurance
The main challenges in the re/insurance market are modernisation and the associated costs, according to Damian Cleary, partner and head of London Market at BLM. 21 October 2019
Insurance
Arch Mortgage Insurance Company (Arch MI) has obtained $577 million of indemnity reinsurance on a pool representing $7.2 billion of mortgages from Bellemeade Re 2019-4, a special purpose reinsurer. The reinsurance is for a portfolio of MI policies linked to 113,180 loans issued by Arch MI and affiliates in 2019. 21 October 2019
Insurance
Is the re/insurance sector ready for Industry 4.0? Marcus Schmalbach, Ryskex, asked the question and provided some answers for Baden-Baden Today. 21 October 2019
Insurance
CRESTA has updated all 4,901 low-resolution and 242,172 high-resolution CRESTA zones for the 137 countries it covers, following consultation with the industry. 21 October 2019
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