Articles
Insurance
Lloyd’s profitability review could act as a catalyst to turn rates in the marine market—but larger insurers not part of the market could find it harder to achieve rate increases because of wider client relationships, Adrian Poxon, head of global specialty reinsurance, Sompo International, told Baden-Baden Today. 22 October 2018
Insurance
MGA owners perform better if their interests are aligned with those of their carriers. Citadel Risk Services has developed a unique way of achieving this, as Mike Palmer of Citadel explained to Baden-Baden Today. 22 October 2018
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner. 19 October 2018
Insurance
London-based managing general agent (MGA) startup Agile Risk Partners and US-based insurtech OnRisk are collaborating to develop an advanced, CAD-style platform for underwriting, structuring and distributing high-value P&C risk. 19 October 2018
News
Munich Re has nominated former CEO Nikolaus von Bomhard as new chairman of the supervisory board to succeed Bernd Pischetsrieder. 18 October 2018
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan. 18 October 2018
Alternative Risk Transfer
The risk transfer landscape is being transformed by consolidation and the idea that bigger and more diversity is better—particularly if access to alternative capital is involved. But, just like in real life, some recent marriages—especially those rushed into for the wrong reasons—may well end in divorce. Intelligent Insurer reports. 18 October 2018
Alternative Risk Transfer
By the end 2018 the market for insurance-linked securities (ILS) is expected to reach a total volume of close to $100 billion, according to Hannover Re. 17 October 2018
Insurance
The world of insurance—and the wider world beyond that—will be changed by the advent of the driverless or autonomous car, according to Vincent Branch, chief executive of Accelerate at AXA XL. 16 October 2018
Insurance
US-based Marsh & McLennan Companies (MMC) has received the approval of the Federal Trade Commission to acquire UK-based Jardine Lloyd Thompson Group (JLT). 16 October 2018
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