News

Insurance

Swiss Re focuses on innovation and technology ‘to keep the difficult-to-insure insurable’

“One aim is to keep things that are difficult to insure insurable—that is the challenge for today,” according to Thierry Léger, group chief underwriting officer at Swiss Re, as he spoke at the reinsurer’s Monte Carlo event on various topics including climate change.   13 September 2022

Insurance

Peak Re’s Franz Hahn says reinsurance market is ‘at an interesting point’

“The market is at a very interesting point where we see inflation, post-COVID-19 pain and nat cat development, almost certainly being driven by global warming, and specifically what we used to call secondary perils.”   13 September 2022

Insurance

ICEYE and If P&C partner on flood monitoring and response using satellite imagery

The use of satellite imaging by the re/insurance industry is gaining pace, and international satellite company ICEYE is working with a growing number of industry players to provide them with rapid insights into natural catastrophes.   13 September 2022

Insurance

Reinsurance dispute work increasing post-pandemic: Devonshires

The volume of re/insurance legal disputes has increased significantly since the COVID-19 pandemic but cases on the reinsurance side are taking time to be resolved, according to Stephen Netherway, partner at law firm Devonshires.   13 September 2022

Insurance

Focus on the ‘resilience gap’ rather than the protection gap: UN Development Programme advisor Daniel Stander

The insurance industry will never be able to entirely close the protection gap—and the same is true for the public sector. That’s why the United Nations Development Programme’s (UNDP) senior advisor Daniel Stander believes the “false bifurcation” between the two sectors must be eradicated.   13 September 2022

Insurance

There is enough resilience in the re/insurance industry to control the issue of inflation: Miller

Inflation is one of the hottest topics at Monte Carlo this year but Mike Papworth, managing director of Miller International, does not believe it’s here to stay.   13 September 2022

Insurance

CyberCube will tackle cyber exposure with new database

A new Industry Exposure Database coming soon from cyber risk analytics provider CyberCube will give the re/insurance industry a unique overview of its exposure to cyber risk.   13 September 2022

Insurance

R&Q’s Spiegel survives challenge on roughly 2:1 shareholder backing

R&Q board had rallied broad alliance of minority shareholders to stay the course.   13 September 2022

Insurance

Lemonade: no viable escape from big tech’s direct-to-customer routes

Big tech routes via Google, Facebook et al. may be ‘least horrible channel’ there is.   13 September 2022

Insurance

RVS 2022 the most urgent call to arms in a decade: Hiscox CUO

The first gathering in three years of P&C re/insurers in Monte Carlo is not merely a longed-for opportunity to reconnect in person, but the most urgent call to arms in a decade, Matthew Wilken, chief underwriting officer for Hiscox Re & ILS, told Intelligent Insurer.   13 September 2022

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