Articles
Insurance
As the world faces myriad challenges, it’s time for the re/insurance industry to truly demonstrate its value, Steve Hearn, chief executive officer of Inver Re, told Monte Carlo Today. 10 September 2022
Insurance
Ransomware attacks continue to soar, demand is rising for insurance coverage and insurers need more data, according to Gerry Glombicki of Fitch Ratings. 10 September 2022
Insurance
The insurance industry has had an issue with attracting younger people for some time—and that could now hurt the industry amid a so-called “great resignation”. Perhaps ironically, soaring inflation may help the industry with talent acquisition and retention, but that may take some time to manifest. 10 September 2022
Insurance
This year marks a ‘fundamental change’ in the market as inflation and hard market conditions kick in, says chairman of VIG Re, Johannes Martin Hartmann. 10 September 2022
Insurance
Investors behind new lines of business, including cyber, terrorism, political and US mortgage risk, are handing Bermuda a flag to plant as the leading jurisdiction of speciality re/insurance, John Huff, president and chief executive officer of the Association of Bermuda Insurers & Reinsurers (ABIR), told Monte Carlo Today. 10 September 2022
Insurance
Re/insurers should not focus too much on event frequency when it comes to windstorm risk—just like real estate, location (where a hurricane makes landfall) is everything, Karen Clark, chief executive officer of Karen Clark & Company (KCC), told Monte Carlo Today. 10 September 2022
Insurance
As the global reinsurer celebrates its 20th anniversary Dieter Winkel, president of LM Re, explains how the company’s joined-up thinking has ensured, and will continue to ensure, stability and sustainability in turbulent times. 10 September 2022
Insurance
Cedants understand that hardening rates in all lines must be borne by all in what is an intrinsically mutual global risk transfer industry, Laurent Montador, deputy CEO of CCR and CCR Re, told Intelligent Insurer. 10 September 2022
Insurance
Tatsuhiko ‘Tats’ Hoshina, the industry veteran credited with steering Tokio Millennium Re from being a $125 million Bermuda property-cat reinsurer to a $1.2 billion global, multiline player, is looking for a new job. Well, more backers, actually. He thinks now is the perfect time to start a reinsurer—and he is open to offers. 10 September 2022
Insurance
Soaring inflation and the impacts of climate change on the frequency of natural disasters are expected to be key topics for Hannover Re as the reinsurer attends this year’s Monte Carlo Rendez-Vous. 10 September 2022
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