News
Insurance
Re/insurers are realising that pricing needs to adapt to the new risks presented by increasingly severe weather-related events, as Claudia Cordioli of Swiss Re explained to Baden-Baden Today. 22 October 2019
Insurance
Specialist re/insurance broker BMS Group has entered into a tied representative agreement with Turkish specialist re/insurance broker Rönesans Reasürans ve Sigorta Brokerlik. 20 June 2018
Alternative Risk Transfer
Markel said it is “incredibly optimistic” about the future of its insurance linked securities (ILS) business despite ongoing investigations into recorded loss reserves at CATCo and its subsidiaries. 19 March 2019
Insurance
Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC. 19 November 2018
Insurance
Dutch NN Group’s acquisition of its peer Delta Lloyd has lowered the cost base by €133 million in 2017, according to a Feb. 15 press release. 15 February 2018
Insurance
Swiss Re has confirmed that it has received the final approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a reinsurance branch in Mumbai. 23 January 2017
Alternative Risk Transfer
Insurance-linked securities (ILS) managers are expected to further diversify away from traditional catastrophe bonds. 14 April 2015
Insurance
SafeWaters Underwriting Managers is expanding its capacity for yacht insurance with support of Everest National Insurance Company. 31 October 2017
Insurance
Asia Capital Reinsurance has opened its branch office in Seoul after receiving the final license approval from Republic of Korea’s Financial Services Commission. 22 September 2016
Insurance
American International Group (AIG) has appointed Charles Fry as head of reinsurance, operations and transformation, general insurance. 3 October 2017
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