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Insurance
The Latin American region is still not tapped to its full potential and is on the radar of GIC Re to expand its business, Alice Vaidyan, chairman-cum-managing director, GIC Re, told Fides Today. 9 September 2019
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While the re/insurance industry remains an attractive proposition for investors, there is a renewed desire to achieve more consistent profitability based on technical underwriting, as Mike Mitchell of Swiss Re told Monte Carlo Today. 9 September 2019
Insurance
Bermuda continues to be a leader in nat cat coverage, and is becoming the leader in some specialty lines including cyber, according to John Huff, president of the Association of Bermuda Insurers and Reinsurers (ABIR). 9 September 2019
Insurance
Aon has launched an auction capability for the January 1, 2020 reinsurance placements, claiming it can save insurers’ time. 9 September 2019
Insurance
The insurance industry has a huge opportunity to boost the world’s resilience to catastrophe losses a role that is more important than ever since the global economy has less capacity to absorb a shock than it did in 2007. 9 September 2019
Insurance
Specialist Lloyd’s re/insurer Beazley will be seeking 10 percent rate increases across the board in this renewals season as it looks to offset higher retrocessional costs while re-pricing perils responsible for larger than expected losses in recent years. It also expects to shed 10 percent of its business. 9 September 2019
Insurance
Lloyd’s is at a “pivotal moment” in its evolution, according to Aon’s 2019 Lloyd’s Update report, Redefining the Future. 9 September 2019
Insurance
Technology companies at the forefront of the so-called insurtech revolution are talking the talk, but there is very little of substance to back up their words, according to the online readers of Intelligent Insurer. 9 September 2019
Insurance
According to a new AM Best report, the global reinsurance market as a whole has exhibited more underwriting control, as evidenced by a holding back of capacity at the midyear 2019 renewals. However, questions remain over the sustainability of this newfound discipline. 9 September 2019
Insurance
Despite many re/insurers posting positive Q2 results and optimism around rising rates, downside risks—including the spectre of a global recession, the rise of nationalism and protectionism, trade wars and Brexit—are casting a shadow on the market, Ivor Edwards, European head of the corporate insurance group, Clyde & Co, told Monte Carlo Today. 9 September 2019
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