News
Insurance
Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30. 11 September 2019
Insurance
Munich Re’s Asia-Pacific business is “strengthening and fostering local operations” by giving offices in the region “stronger mandates”, according to Tobias Farny, chief executive, Asia-Pacific for Munich Re. 11 September 2019
Insurance
Interest rates staying lower for longer and negative bond yields mean more challenges for the life re/insurance industry—but AXA’s chief executive officer says the business is more shielded from these forces since it has repositioned its portfolio in recent years. 11 September 2019
Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today. 11 September 2019
Insurance
Artur Klinger, chief underwriting officer at the more than 90-year-old NewRe, told Monte Carlo Today that more companies are recognising the value of reinsurance once again. 11 September 2019
Insurance
There is currently a rise in the number of commercial lines transformation projects, Tammy Richardson, managing director, UK & Ireland, insurance consulting and technology, Willis Towers Watson, told Monte Carlo Today. 11 September 2019
Insurance
Xceedance, the managed services and technology company, has teamed up with Oasis Loss Modelling Framework (Oasis LMF) to provide on-demand catastrophe modelling. 11 September 2019
Insurance
Understanding the cultures of different markets in the Asia-Pacific region is vital to success for re/insurers operating in the region, Chris Kershaw, managing director, Global Markets at Peak Re, told Monte Carlo Today. 11 September 2019
Insurance
Quest, the captives servicing company, wants to hoover up disaffected captives, as well as growing the business among SMEs in the US and Europe 11 September 2019
Insurance
Helping governments move risk off their books can provide the risk transfer industry with a big opportunity for growth—but a collaborative approach is required, Charles Cooper, chief executive of reinsurance at AXA XL, told Monte Carlo Today. 11 September 2019
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