News
Insurance
An increasingly complex political environment is causing challenges for insurers as they grapple with the consequences of trade wars and sovereign uncertainties, says Philip Chung of S&P Global Ratings. 29 October 2018
Alternative Risk Transfer
There is an oversupply of capacity in the Asia-Pacific region, which is driven in part by the success of Singapore as a regional reinsurance hub, according to Nick Orton, senior international treaty underwriter at Hiscox Re & ILS. 29 October 2018
Insurance
S&P Global’s capital model data on its global reinsurer cohort shows a very significant capital buffer to absorb cat losses. But ratings could still fall following a bad cat year, as Stuart Shipperlee, head of analysis at Litmus Analysis, explained to PCI Today. 29 October 2018
Insurance
AmTrust at Lloyd’s (ATL) has appointed Lucy Forcey as senior underwriter of North American property catastrophe treaty, a new line of business for ATL Syndicate 1861. 26 October 2018
Insurance
Marsh & McLennan’s (MMC’s) reinsurance unit Guy Carpenter has seen its revenues fall by 20 percent year on year in the third quarter of 2018 to $215 million. 25 October 2018
Insurance
Qatar Insurance (QIC) Group, which owns Qatar Re and Antares, posted improved profits for the first nine months of the year and solid growth driven by its reinsurance business. 24 October 2018
Insurance
Re/insurers must make it their priority to better understand cyber risk and absorb more of this liability—serving a vital role for society and generating growth for the industry in the process, Doris Höpke, member of Munich Re’s board of management, told Baden-Baden Today. 24 October 2018
Insurance
As carriers reassess their priorities and refocus on making underwriting profits, the use of technology and data science will become key to achieving this, and give companies with these capabilities an advantage, Pina Albo, chief executive of Hamilton Insurance Group, told Baden-Baden Today. 24 October 2018
Insurance
Lloyd’s may appear to be leading the way on championing underwriting discipline, but all re/insurers should charge an appropriate price and also be disciplined on the terms and conditions they offer, Robert Wildbore, director of reinsurance at Ed Broking, told Baden-Baden Today. 24 October 2018
Insurance
Macro sector trends such as rising yields and claims inflation will form the background for the next phase the re/insurance markets will enter, David Flandro, global head of analytics at JLT Re, told Baden-Baden Today. 24 October 2018
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