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Insurance
Insurers face rate increases particularly in regions affected by nat cat events in the third quarter, but pressure is also rising in other regions, Tim Paske, managing director at re/insurance broker BMS, told Baden-Baden Today.   23 October 2017
Insurance
The Guy Carpenter Baden-Baden 2017 Reinsurance Symposium has placed disruption at the centre of the agenda and identified it as the theme for the annual industry meeting during the opening event, which featured Munich Re CEO Joachim Wenning as one of its speakers.   23 October 2017
Insurance
Mike Van Slooten, head of market analysis–international at Aon Benfield, discusses key industry trends in the wake of recent major catastrophe losses with Baden-Baden Today.   23 October 2017
Insurance
The extent to which rates may or may not increase in the aftermath of severe losses remains the biggest debate in the industry. Arno Junke, the CEO of Deutsche Rück, tells Baden-Baden Today that there will be a wide range of implications in the market.   23 October 2017
Insurance
The risk of physical damage arising from a cyber attack is a growing area of concern, driven by recent incidents and the potential scale of future events, according to Tom Harvey, product manager of RMS Cyber Solutions.   23 October 2017
Insurance
The bilateral “covered agreement” between the US and EU provides regulatory clarity and reduces the regulatory burden for US and EU reinsurers operating in each other’s markets, according to AM Best.   23 October 2017
Insurance
Cedants’ needs are unchanged in terms of requiring access to capital and more insightful data, but their expectation as to how this is being delivered is changing, Jonathan Howe, global insurtech leader at PwC, told Baden-Baden Today.   23 October 2017
Insurance
Blockchain—distributed ledger technology (DLT)—is the latest ‘next big thing’ across all industries, but as it infiltrates the insurance industry it faces an uphill battle, Marek Kaszczyc, vice president and head of Poland operation at Xceedance, told Baden-Baden Today.   23 October 2017
Insurance
Reinsurers are preparing to expand their nat cat exposure at the upcoming January renewals as historically high nat cat losses in the third quarter boost rates.   23 October 2017
Insurance
Reinsurers are gradually changing their market strategy, which will support the sector’s long-term sustainability, Andrew Wu, board director at Dagong Europe Credit Rating, told Baden-Baden Today.   23 October 2017

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