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“No news is usually good news in reinsurance.” That was the message from Denis Kessler, the chairman and chief executive officer of the reinsurer SCOR, discussing details of the group’s new strategic plan which he presented to investors on September 4. 8 September 2013
Technology
For an industry built on relationships, the importance of technology to staying in contact was proved very quickly when social distancing began. The pandemic has showcased innovative insurtechs and technology, which could drive faster digital transformation industry-wide. Intelligent Insurer speaks to leaders at two game-changing insurtechs. 27 April 2020
Insurance
Hurricane Harvey, which wreaked havoc in Texas at the end of August, may have the potential to revive discussions around the pricing of catastrophe risk, Torsten Jeworrek, head of reinsurance of Munich Re, told Monte Carlo Today. 11 September 2017
News
Researchers quizzed cedants on which reinsurers they like to work with on specific lines of business. The following tables show the reinsurers named the most often in Latin America by line of business. 27 October 2015
Insurance
Allianz Global Corporate & Specialty (AGCS), Allianz’s specialist corporate insurer, has launched a suite of financial lines insurance products in the US. 13 January 2015
Insurance
After years of major investment in infrastructure projects, Latin America has experienced a huge decline in 2015 as a result of falling metal and oil prices. This had an impact on terms and conditions in the re/insurance industry. 26 October 2015
Insurance
Commercial insurance rates will further soften while industry consolidation will present challenges to insurance buyers in 2016, predicts Willis in its 2016 Marketplace Realities report. 26 October 2015
Insurance
The Financial Conduct Authority (FCA) has fined five individuals and two firms a total of £15.5 million, in addition to banning four of those individuals, for significant integrity and competence failings. 3 February 2016
Insurance
Merger and acquisition (M&A) activity, alternative capital to the re/insurance market and the continued low frequency of windstorm catastrophe losses in the US are all on the radar for this year’s PCI meeting. 26 October 2015
Insurance
Charles Taylor, a provider of professional services to the insurance market, has announced that its subsidiaries Cardrow Insurance and Beech Hill Insurance, which are non-life insurance companies in run-off, have entered agreements to transfer their insurance businesses to Tenecom, a subsidiary of Berkshire Hathaway. 19 October 2015
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