News
Insurance
Bermuda-based Maiden Reinsurance, the principal operating subsidiary of Maiden Holdings, has submitted filings to re-domesticate from Bermuda to the US state of Vermont. 21 October 2019
Insurance
AM Best has called on European re/insurers to demonstrate underwriting discipline and a continued improvement in rates and terms in 2020. 21 October 2019
Insurance
Hiscox is developing a broad parametric product offering to help narrow the protection gap, according to Daniel Vestergren, Hiscox Re’s chair of international business. 21 October 2019
Insurance
Adequacy is the biggest challenge facing the reinsurance industry, according to Andy Hottinger, president of EMEA and LatAm at AXIS Re. 21 October 2019
Insurance
One of the reinsurance industry’s biggest areas of focus continues to be cyber risk, said Michael Pickel, chief executive officer of Hannover Re’s German subsidiary E+S Rückversicherung, and member of the executive board at Hannover Re. 21 October 2019
Insurance
“Technologies are already radically transforming the characteristics of risk assumed by the re/insurance market,” said James Nash, chief executive officer, international at Guy Carpenter, adding: “We are now living in the age of intangibles.” 21 October 2019
Insurance
Geopolitical and macroeconomic factors are creating uncertainty in the reinsurance market, causing “a flight to quality”, according to Urs Baertschi, chief executive officer, Reinsurance EMEA, and member of the group executive committee at Swiss Re. 21 October 2019
Insurance
With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for both the world economy and its own aims, Devesh Srivastava of GIC Re told APCIA Today. 20 October 2019
Insurance
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk. 20 October 2019
Insurance
The reinsurance industry must do more to prepare the industry for a future with more frequent and severe weather events, particularly around water-related disasters, Daniel Vestergren, Hiscox Re’s chair of international business, told APCIA Today. 20 October 2019
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