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Insurance
Weather risk management provider Meteo Protect has been named a coverholder at Lloyd’s.   16 October 2017
Insurance
Africa’s $6.8 billion reinsurance market is expected to recover markedly in 2018 with executives bullish about the prospects for their markets, according to annual research report Africa Reinsurance Pulse 2017.   16 October 2017
Reinsurers hanging tough
Insurance
The reinsurance market is poised to remain vibrant following recent catastrophe events, says David Priebe of Guy Carpenter & Company.   16 October 2017
Insurance
While the industry has enough capital to handle the losses from the recent hurricanes, even at the higher end of estimates, it will be the psychology of the market that will determine potential changes in rates, with the fear factor having an important role to play, Brian Schneider, Fitch Ratings’ global head of reinsurance, told PCI Today.   16 October 2017
Insurance
The recent hurricanes and the resulting damage they’ve caused are making people think again when it comes to buying flood insurance, Alan Levin, vice chair at law firm Locke Lord, told PCI Today.   15 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 PCI Today.   15 October 2017
Insurance
The recent hurricane losses in the US could help accelerate growth in the insurance-linked securities (ILS) sector—but spreads may not widen as much as investors hope.   15 October 2017
Insurance
The insurance-linked securities (ILS) market has evolved quickly in recent years with its investors becoming vastly more sophisticated—which their reaction to the recent hurricane losses has proved, according to Richard Lowther, chief operating officer at Hiscox Re ILS.   15 October 2017
Insurance
Bermuda-based Validus Holdings said on Oct. 9 that it expects to record losses from third quarter natural catastrophes in the amount of $378.9 million.   10 October 2017
Insurance
Lockton Re, the reinsurance intermediary business of Lockton, has hired Charles LaLone as managing director in the US.   9 October 2017

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