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Cedants have become smarter and more challenging in their demands around risk transfer solutions, believes Ludger Arnoldussen, member of the board of management of Munich Re. It is thus becoming increasingly important for reinsurers to offer bespoke solutions suited to individual clients’ requirements. 20 October 2014
Insurance
Ill-disciplined underwriting in the soft market is building up a store of problems and potential legal disputes, which will only manifest when market conditions eventually improve and reinsurers feel they again have the leverage to dispute questionable claims. 21 October 2014
Insurance
Michael McGavick, chief executive officer of XL Group, has been appointed as chairman of The Geneva Association. 6 June 2013
Alternative Risk Transfer
Paul Schultz, CEO at Aon Benfield Securities, talks to Intelligent ILS about short-term cat bonds, ILS transparency and trading in the secondary market. 28 May 2015
Insurance
Ashley Prebble, insurance partner at Clifford Chance, takes a look at how the Financial Conduct Authority is investigating big data and the possible risks to insurers of limits on innovation. 21 December 2015
Insurance
The Self-Insurance Institute of America (SIIA) has ramped up its lobbying efforts in favour of reauthorisation of the Terrorism Risk Insurance Act (TRIA) as a congressional vote looms. 18 July 2013
Insurance
Arthur J. Gallagher has closed its transaction to acquire the Giles group of companies in a deal that vastly expands its UK geographic footprint and diversifies its underwriting expertise. 14 November 2013
News
Tower Group International has entered into an agreement to acquire American Safety Reinsurance (ASRe), the Bermuda-based reinsurance subsidiary of American Safety Insurance Holdings, from Fairfax Financial Holdings for some $59m. 4 June 2013
Insurance
ACE posted healthy growth in its first quarter results driven largely by its property/casualty book, especially in North America where rate increases were also achieved. But its profits for the quarter dipped substantially. 30 April 2014
Insurance
The renewable energy sector is growing quickly, attracting new competitors. But only companies with the attributes of expertise and the ability to write big lines will win in the long term, says Michael Bernay of PER se 19 November 2013
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