News
Insurance
As the soft market stretches on and new capital continues to find ways to compete on the turf of established reinsurers, the bigger, traditional players are being forced to adapt. Most are increasingly willing to shun unprofitable business while exploring new potential revenues streams and keeping one eye on (and often an investment in) technologies with the potential to change their way of working. 24 May 2017
News
Concerns by some that the proliferation of alternative risk transfer mechanisms such as insurance-linked securities (ILS) could hamper growth among traditional reinsurers could be misplaced – based on the findings of a recent report by Aon Benfield. 10 April 2013
Insurance
At its recent London briefing, A.M. Best indicated that the European non-life industry continues to “display strong resilience” in the face of difficult conditions. 1 October 2010
Insurance
Australian insurer CGU is to shed 600 jobs over the next three years as part of its corporate restructuring. 9 March 2012
Insurance
Solid economic growth, an array of prospects and its low exposure to natural perils is encouraging a slew of re/insurers to flock to the region. As business continues to boom, Intelligent Insurer takes a look at the companies entering the market. 17 December 2014
Insurance
The US National Flood Insurance Program (NFIP) has tested the transfer of flood risk to the private reinsurance sector, paving the way for a large-scale privatisation of US flood risk. While the potential business for reinsurers is significant, it is likely to be a long and complex process. 30 November 2016
News
Tokio Millennium Re (TMR) is planning a further expansion of its presence in the Asian markets to capitalise on the “enormous potential” of the region, Stephan Ruoff, currently deputy CEO and chief underwriting officer of TMR, who will take the reins of the business next April as CEO, told EAIC Today. 3 November 2014
Insurance
In June, Swiss reinsurance broker Reunion held its third round table discussion in Montreux, Switzerland, discussing the coverage of engineering and construction risks in Russia. What follows is a snapshot of a part of the discussion focused on risk management. 1 September 2013
Insurance
Against a backdrop of intense competition and deep rate cuts on some lines of business, many reinsurers are pondering diversification as they seek growth. Intelligent Insurer pulls together some of the strategies proposed during the Monte Carlo Rendez-Vous. 20 October 2014
Insurance
Insurers should re-examine the suitability of their reinsurance programmes in light of evidence that weather risks are changing and causing more frequent small- to medium-sized losses in many markets, executives from Munich Re said in Baden-Baden yesterday. 21 October 2014
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