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Insurance
Despite the fact that a high percentage of senior decision makers in large companies are concerned about the threat of cyber attacks, a high proportion of businesses still fail to buy insurance coverage against this threat. 19 April 2013
News
A quiet hurricane season in the US was the biggest contributing factor to global insured losses from catastrophes totalling just $45 billion in 2013, a big decrease on the $81 billion of losses incurred by the industry in 2012, according to a report by Swiss Re. 26 March 2014
Alternative Risk Transfer
Lancashire has announced that it will shortly launch Saltire Re I Limited (“Saltire Re I”), a fully collateralised Bermuda incorporated special purpose insurer (SPI). 6 November 2012
Insurance
Catlin Group posted very healthy growth in the first quarter of 2014 driven by its reinsurance book and international operations. While its CEO warned on softening rates in catastrophe-exposed lines, he said some hardening was occurring elsewhere. 14 May 2014
News
Indian reinsurer GIC Re has acquired South African reinsurer Saxum Re in what is the company’s first overseas transaction. 28 April 2014
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
The influx of alternative capital into the industry in recent years will permanently change the industry’s capital structure, believes Brad Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR) speaking at this year’s International Insurance Society’s conference, which is being held in London this week. 24 June 2014
Insurance
The latest delay to the implementation date of Solvency II, which many now not come into force until January 2016, represents welcome breathing space for many insurers and reinsurers yet to make firm decisions on how to deal with legacy business and run-off portfolios. 3 April 2013
Alternative Risk Transfer
Soft market pressures, a prolonged low interest rate environment, low barriers to ILS capital entering the sector, the digital economy, tepid GDP growth… Hiscox Re’s Bill Lazzaro argues that how we respond to the current challenges in the reinsurance sector will define our future. 15 December 2016
Insurance
Eighteen months since it walked away from a bidding war for PartnerRe, Axis Capital has completed a new deal with Novae. Albert Benchimol, chief executive of Axis Capital, explains to Intelligent Insurer why the company has never diverted from plan A, his view on third party capital and why he will sometimes send a client a cheque before a claim has been made. 20 October 2017
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