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ILS markets will learn and evolve, says Fitch
Alternative Risk Transfer
The ILS markets will evolve as a result of lessons learned in the past 12 months, gaining sophistication and depth in the process, says Jeff Mohrenweiser of Fitch Ratings.   28 October 2018
RAA hopes for flood market boost
Insurance
The Reinsurance Association of America (RAA) is hopeful that banking regulators in the US will clarify guidelines relating to mortgage products and make it clear that banks can accept flood insurance policies from the private insurance market—something that would help the private flood insurance market to grow.   28 October 2018
Goldie predicts smoother seas ahead for reinsurance market
Insurance
The reinsurance market could see the vertiginous market pricing cycles of the past replaced with a much smoother ride, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told PCI Today.   28 October 2018
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million.   25 October 2018
Insurance
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” from “a” of Bermuda-based Lancashire Insurance Company and its affiliate in the UK.   25 October 2018
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today.   24 October 2018
Insurance
With more alternative capital coming into play, there is greater pressure on the reinsurance sector—but the key is to use it to their advantage, Ali Karakuyu, lead analyst, director, at S&P Global Ratings, told Baden-Baden Today.   24 October 2018
News
The latest version of modelling tools coupled with internal expertise and potentially external advisors can give re/insurers a good understanding of their cyber risk accumulation, Christer Pehrson and Laurent Marescot of RMS, told Baden-Baden Today.   24 October 2018
Insurance
The Talanx Group, which owns Hannover Re, has outlined ambitious targets for 2019 and beyond – one way it plans to achieve these is by consolidating its reinsurance buying programme.   23 October 2018
Insurance
The re/insurance industry must get a better handle on flood risk in Europe, which remains underestimated and underinsured, Michael Pickel, member of the executive board of Hannover Re responsible for target markets in P&C reinsurance, told Baden-Baden Today.   23 October 2018

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