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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
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to Baden-Baden Today. 23 October 2017
Insurance
Eighteen months since it walked away from a bidding war for PartnerRe, Axis Capital has completed a new deal with Novae. Albert Benchimol, chief executive of Axis Capital, explains to Intelligent Insurer why the company has never diverted from plan A, his view on third party capital and why he will sometimes send a client a cheque before a claim has been made. 20 October 2017
Insurance
ILS investors are raising money and preparing to make new investments despite losses from recent natural catastrophes, according to the latest Willis quarterly ILS market update. 20 October 2017
Insurance
An Intelligent Insurer roundtable in London gathered a panel of experts to discuss the growth and future of the insurance-linked securities markets in Europe. They discussed the role of European investors, European risks and the potential for more domiciles. 19 October 2017
News
While reinsurers and brokers discuss the return of a market cycle most buyers just want a quiet life with no surprises—assuming they don’t feel underinsured in light of the recent hurricanes or cyber losses that have the potential to cause them sleepless nights. Intelligent Insurer reports. 18 October 2017
Insurance
Insured losses from the Californian wildfires will be close to $4.6 billion and growing as the fires continue, Moody’s said in an Oct. 16 sector comment. 18 October 2017
Insurance
The ECON committee of the European Parliament has called on the European Commission to delay the implementation of the Insurance Distribution Directive (IDD). 18 October 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has hired mining specialist Stuart Hill as a director to strengthen its global mining and property capabilities. 18 October 2017
Insurance
Starr Companies is introducing commercial primary auto coverages in all provinces and territories in Canada. 18 October 2017
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