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The amount of reinsurance capacity entering the market has slowed compared with previous years, Ulrich Wallin, CEO of Hannover Re, said at a press conference in Monte Carlo yesterday (Monday September 14). 14 September 2015
Insurance
The soft market will continue into 2015 unless a big catastrophe loss occurs in the final quarter of 2014, David Flandro, global head of strategic advisory at JLT Re, told Baden-Baden Today. But more interesting questions exist—not around pricing but potential structural changes in the sector, he said. 21 October 2014
News
Tired of the distractions of the mergers & acquisitions (M&A) activity between reinsurers, buyers in Europe have welcomed the takeover of PartnerRe by Italian investment company EXOR because it frees the reinsurer from any speculation or distractions—and there are no integration issues to contend with, Charles Goldie, CEO, PartnerRe Global, told Baden-Baden Today. 20 October 2015
Insurance
The bigger so-called tier 1 reinsurers will be the winners in what is a rapidly changing reinsurance landscape, Martyn Street, senior director in insurance at Fitch Ratings, told Baden-Baden Today. But he also stressed that consolidation was far from a silver bullet for companies seeking greater scale. 19 October 2015
Insurance
Broker Lockton has appointed Mark Randall as a senior vice president. He will be based in the Dubai International Finance Centre and focused on growing Lockton’s MENA operations. 3 April 2014
Insurance
Robert Easton, head of Treaty UK and head of Iran, Matrix, talks with Monte Carlo Today about the growth opportunities he sees in Iran. 11 September 2016
Insurance
US property catastrophe specialist ICAT has partnered with Ariel Syndicate 1910 to offer additional capacity to small and medium catastrophe exposed businesses in the US. 5 February 2014
News
Third Point Re, the reinsurance firm backed by Dan Loeb’s hedge fund, Third Point, has posted strong growth for the second quarter of 2014, despite an underwriting loss. 8 August 2014
News
Reinsurers have lost sight of how exposures have grown and have too quickly forgotten the big losses that hit the region just three years ago, Pietro Toffanello, head of property-casualty business in Asia Pacific for Gen Re, told EAIC Today. 2 November 2014
Insurance
As high-profile cases of cyber attacks increasingly splash across the front pages of newspapers worldwide, it seems that the tipping point has come for cyber insurance, according to a panel of experts speaking at this year’s IIS event in London. 25 June 2014
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