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Losses in 2017/18 create a ‘different feeling’ for insurers as they watch for retro fallout: Eccelesiatical
Insurance
The re/insurance losses seen in 2017 and 2018 have given the market “a different feeling” this year, said Mark O’Riordan, group reinsurance director at Ecclesiastical.   23 October 2019
Guy Carpenter: failure to find silent cyber solutions might lead to downgrades
Insurance
Solutions to the issue of silent cyber are emerging amid the uncertainties, according to Guy Carpenter. But firms must take this issue seriously as regulators and rating agencies are now taking a close interest in the issue with the risk of downgrades very real for companies that do not get a handle on the challenge.   22 October 2019
TigerRisk’s Few highlights opportunities and challenges ahead
Insurance
TigerRisk Partners’ ability to innovate and think differently was part of the attraction of joining the broker for James Few, who joined the business in September as London CEO.   22 October 2019
Insurance
The chief underwriting officer of Everest Insurance, the specialty insurance operation of the Everest Re Group, is in Boston this week seeking deeper and more intimate relationships with its reinsurers.   22 October 2019
Insurance
David Barber, a Lloyd’s underwriter for 30 years specializing in US casualty business, is joining Fortegra Financial Corporation as the Chief Underwriting Officer for specialty lines in London.   22 October 2019
Insurance
The re/insurance industry is facing a looming recruitment crisis, with many key figures now approaching retirement age and not enough effort being focused on bringing in the next generation of leaders and innovators, panellists agreed at the Guy Carpenter symposium on Sunday.   22 October 2019
Insurance
Insurers and reinsurers are entering a period of significant challenges that will affect the products that are offered and the very way they do business, Jon Hancock, director of performance management at Lloyd’s, said at the Guy Carpenter symposium at Baden-Baden on Sunday.   22 October 2019
Insurance
S&P Global Ratings has maintained a stable outlook on the global reinsurance sector although the fundamental secular competitive trends haven’t abated. Karakuyu and Johannes Bender summarise S&P’s 2020 Reinsurance Sector Outlook.   22 October 2019
Insurance
InsurTech company CPP Group has launched a new cyber Insurance product, for SME businesses, on the Acturis insurance administration and trading platform.   21 October 2019
Insurance
Pricing across the risk transfer market continues to resemble a U-curve, with primary rates increasing, retrocessional rates increasing—but reinsurance pricing remaining stubbornly flat with only loss-hit accounts experiencing any meaningful rate hikes.   21 October 2019

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