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Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its board of management with new regional responsibilities. 24 October 2014
Insurance
The UK networks division of Arthur J. Gallagher (AJG), Compass Broker Services, has appointed Scott Bennett as UK sales director. 23 October 2014
Insurance
The results of reinsurers and insurers will diverge more in the future if other cedants follow the lead of some of the large insurers and only cede their more volatile business, Amer Ahmed, chief executive officer of Allianz Re, which is responsible for the group’s retrocession portfolio, told Baden-Baden Today. 22 October 2014
Insurance
Reinsurers should be assuming higher levels of volatility from cedants than they have historically, helping smooth their clients’ long-term earnings in the process, believes Anna-Kitty Ekstam, head of reinsurance at Scandinavian insurer If…. 21 October 2014
Insurance
As cedants become ever more sophisticated in their understanding of ratings, analytical firm Litmus Analysis examines the ratings of the wide range of reinsurance carriers in Europe using a unique methodology to establish their average ratings. Here, Stuart Shipperlee, partner at Litmus, describes some of the
chart’s findings. 20 October 2014
Reinsurance
Conditions in the risk transfer world have rarely been more favourable to buyers. Yet while many are clearly leveraging their positions and seeking better deals, a surprising level of restraint exists as they also attempt to ensure their long-term traditional partners remain good business partners for the foreseeable future. 20 October 2014
Insurance
A decrease in Allianz’s exposure to US risks, combined with its steady use of capital markets risk transfer tools for those perils, means the insurer is finding it increasingly difficult to keep its traditional reinsurance partners happy in this market, according to Wolfgang Wopperer, global head of retrocession business at Allianz Re, which is responsible for the group’s retrocession portfolio. 20 October 2014
Insurance
The relationship between cedants and reinsurers has changed in fundamental ways in recent years—and the dynamic will continue to evolve as pressures on the market play out. 20 October 2014
Insurance
The European reinsurance market remains extremely attractive both for its incumbent players and for newer entrants into the market—all of which should make for some interesting negotiations as each camp tries to cement or grow their footing in the market, as Intelligent Insurer discovers. 20 October 2014
Insurance
Insurer RSA has agreed to sell its Italian business to ITAS Mutua, an Italian mutual insurer. 19 October 2014
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