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Insurers bet on reinsurance in unexpected U-turn
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates.   14 May 2018
Insurance
American International Group is not expected to report large reserve charges when it posts 2018 first quarter results on May 2 despite a differing liability assessment with Berkshire Hathaway, according to Morgan Stanley analysts.   1 May 2018
Insurance
Property/casualty (P&C) insurance sector reserve deficiency deteriorated to $4.3 billion in 2017 from $2.5 billion in 2016, according to Morgan Stanley research.   10 April 2018
Insurance
Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has made leadership appointments following its latest funding round that is said to have surpassed its target of £500,000 in under five days.   9 April 2018
Insurance
Global insured catastrophe losses are estimated at between $5 billion and $10 billion, well below the historical average of $14 billion, according to Morgan Stanley analysts.   4 April 2018
Insurance
Zurich Insurance Group has entered into an agreement to acquire 19 Latin American traveller assistance providers operating under the Travel Ace and Universal Assistance brands.   12 March 2018
Insurance
Heightening merger and acquisition (M&A) activities and rising pricing are tailwinds to P&C stocks, according to Morgan Stanley analysts.   2 March 2018
Insurance
Catastrophe risk modelling firm RMS has appointed Karen White as its new CEO, replacing current CEO and co-founder Hemant Shah.   2 March 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has obtained formal authorisation from the local insurance authorities to operate as an insurer in Mexico. The company was registered as a 'foreign reinsurer' in Mexico since 2014.   2 March 2018
Insurance
The Ardonagh Group chief financial officer (CFO) Mark Mugge is moving out of his current role to work across the group on a series of key strategic initiatives being prioritised during 2018.   2 March 2018

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