News
Insurance
Political violence hasn’t hardened alongside other classes of treaty reinsurance but, in the current environment, it could potentially soon enter a true hard market, Waleed Jabsheh, president of International General Insurance (IGI), told Intelligent Insurer. 12 September 2022
Insurance
After a period of intense hiring and expansion, Lockton Re says it is “well ahead” in its growth plans and is now able to be more choosy—in terms of hires and clients it wants to work with. 12 September 2022
Insurance
A hardening market in property-catastrophe reinsurance is a favourable environment for a risk-willing entity, but buyers must be prepared to negotiate tighter policy terms ahead of the January renewals, Joel Willens, head of international property reinsurance at Ariel Re, told Intelligent Insurer. 12 September 2022
Insurance
Bermuda remains well placed to help the industry solve challenges including a capacity crunch in property-cat business. That was the broad sentiment of nine industry leaders attending the annual Bermuda Roundtable in Monte Carlo, hosted by Bermuda:Re+ILS and sponsored by Aspen. 12 September 2022
Insurance
“The world is becoming a less global space in terms of mindset,” Jean-Jacques Henchoz, chief executive officer of Hannover Re, told a Monte Carlo conference as he discussed the current reinsurance market and risks related to the Ukraine war among other things. 12 September 2022
Insurance
Bermuda has changed in the last five years from being a hub mainly for property catastrophe reinsurance into a broader and diversified market, Peter Bell, senior vice president, chief executive officer and managing director of Everest Reinsurance (Bermuda), told Intelligent Insurer. 12 September 2022
Insurance
Demand for insurance-related debt is increasing as investors enjoy the higher premiums associated with what is viewed as a complex investment and re/insurers seek new ways of raising capital, often to complement an equity placement. 12 September 2022
Insurance
Business for Mapfre Re is a double-edge sword right now: a mix of profit-making opportunities and challenging macroeconomic conditions, according to Javier San Basilio, deputy general manager and chief underwriting officer at the reinsurer. 12 September 2022
Insurance
While inflation and trade volatility are high on the agenda at Monte Carlo this year, an additional theme that holds significant interest to risk modeller and connected risk specialist Russell Group is deglobalisation—the fragmentation of a world that recently seemed to be getting smaller, but is now also becoming more complex. 12 September 2022
Insurance
The re/insurance industry has a unique opportunity to have a transformative impact in the face of climate change—but needs to come together to achieve this, scaling concepts it has already proved can work. 12 September 2022
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