Articles
Insurance
While Hannover Re has increased its growth and profit targets for 2017, Munich Re has suggested that it will earn less in 2017 than in 2016. However, the impression that Hannover Re is in better shape than its German competitor may be deceiving. 9 February 2017
Insurance
SCOR has increased its property/casualty (P&C) premiums by 5.4 percent during January 2017 renewals at constant exchange rates to $3.2 billion. 7 February 2017
Insurance
Global reinsurers are piling into India in search for growth, but this is likely to increase competition in an already soft market, according to experts speaking to Intelligent Insurer. 6 February 2017
Insurance
Italian insurer Generali Group, French reinsurer SCOR and German reinsurer Hannover Re are new additions to the blockchain insurance industry initiative B3i. 6 February 2017
Insurance
SCOR has added two new members, David Anderson and Alan Routhenstein, to its life management team in the US, effective February. 25 January 2017
Insurance
The Covered Agreement between the EU and the US makes these markets more attractive for reinsurers from the opposite side of the Atlantic, increasing competition and therefore adding pressure on pricing and conditions. 20 January 2017
Insurance
The covered agreement between the EU and the US will establish a level playing field for transatlantic reinsurance business. But as it makes underwriting more attractive for reinsurers from the opposite side of the Atlantic, it is set to increase competition in both markets, adding pressure on pricing and conditions in an already soft market. Other countries like Switzerland don't want to be left behind. 19 January 2017
Insurance
French reinsurer SCOR has unveiled several new appointments including new managing directors in the Americas and Asia-Pacific all reporting to group chief operating officer (COO) Romain Launay. 16 January 2017
Insurance
CCR, the French government backed reinsurer, has now formally unbundled its open market reinsurance activities into its new subsidiary CCR Re, which commenced operations on January, 2017. 9 January 2017
News
Five global reinsurers have secured a final licence from the Insurance Regulatory and Development Authority of India (IRDAI) to commence business operations in India. 3 January 2017
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