News
News
Some of the world’s biggest reinsurers will be hardest hit by a prolonged soft market if an analysis of ratio of reserves to premiums is conducted, according to analysts at CreditSights. 30 September 2016
Insurance
Hannover Life Reassurance Company of America (Hannover Re US) has made a series of appointments following the introduction of its partnership solutions team. 29 September 2016
Insurance
Bertrand Labilloy, chief executive of French reinsurer Caisse Centrale de Réassurance, explains to Intelligent Insurer why CCR merits a state guarantee and the rationale behind launching the new CCR Re open market enterprise. 27 September 2016
Insurance
The European Commission (EC) has approved the natural disaster reinsurance scheme operated in France by the Caisse Centrale de Réassurance (CCR), claiming the State aid is "compatible with the internal market". 27 September 2016
Insurance
Lloyd’s and the Lloyd’s Market Association (LMA) have made a deal with US hurricane model provider Applied Research Associates (ARA), which will provide its Hurloss hurricane model and Middle East earthquake model to subscribing managing agents on a shared service basis. 19 September 2016
Insurance
Because of existing earnings pressure due to a soft market and low interest rates, all major reinsurers will shed business if there are further rate decreases in the upcoming renewals season, Benjamin Gentsch, deputy chief executive officer, SCOR, told Monte Carlo Today. 14 September 2016
Insurance
Commodity prices have impacted African countries’ economic growth but this has not reduced re/insurers’ appetite for expansion on the continent, Corneille Karekezi, Africa Re chief executive officer, told Monte Carlo Today. 13 September 2016
Alternative Risk Transfer
Hannover Re is not interested in pushing into the corporate market, in contrast to its main competitors, which see it as a way of diversifying and boosting profitability, the company said at a Monte Carlo Rendez-Vous press conference yesterday. 13 September 2016
Insurance
The industry is facing headwinds, tailwinds and crosswinds—experts including Denis Kessler, chairman and chief executive officer (CEO) of SCOR, discussed these challenges at a PwC-hosted breakfast briefing at the Monte Carlo Rendez-Vous yesterday. 13 September 2016
Insurance
A reduction of earnings due to low interest rates and a soft market will likely result in a process of natural selection within the market as players leave or consolidate, said Victor Peignet, SCOR Global P&C CEO, during a Monte Carlo Rendez-Vous press conference. 12 September 2016
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