Articles
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Cyber is a very new kind of risk, quite unlike any that insurance companies have dealt with before, according to Simon Harris, managing director in the global insurance and managed investments group at Moody’s. 10 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
Aon has launched an auction capability for the January 1, 2020 reinsurance placements, claiming it can save insurers’ time. 9 September 2019
Insurance
Most reinsurers would like to lower their expense base—but new research suggests that those that spend more also achieve a better underwriting performance, Lewis Phillips of Litmus Analysis told Monte Carlo Today. 9 September 2019
Insurance
Rates are increasing, but perhaps not fast enough, was one of the main themes of a discussion by a panel of industry experts speaking at S&P Global Ratings’ Annual Reinsurance Roundtable at this year’s Monte Carlo Rendez-Vous. 9 September 2019
Insurance
Nearly three-quarters of respondents to an online Intelligent Insurer renewals survey expect the market to harden in the coming renewals season, with 53 percent of respondents expecting it to harden a little and 19 percent expecting it to harden substantially. 8 September 2019
Insurance
QBE’s reinsurance business had a “pleasing” first half year, especially with the cat exposure, according to Jonathan Parry, chief underwriting officer of reinsurance at the firm. 8 September 2019
Insurance
The influx of alternative capital into the reinsurance industry has slowed recently, but is likely to pick up again, according to S&P Global Ratings. 8 September 2019
Insurance
The global reinsurance market has seen prices rise in places despite a wide range of what S&P Global Ratings called “secular headwinds”. The rating agency also called for reinsurers to copy companies in other sectors in a bid to be relevant and become more innovative. 8 September 2019
Insurance
Reinsurers and alternative capital will bear the majority of losses caused by Hurricane Dorian if the Category 4 storm makes landfall in densely populated areas of the Florida peninsula, warned rating agency S&P Global. 2 September 2019
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