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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
Big tech routes via Google, Facebook et al. may be ‘least horrible channel’ there is. 13 September 2022
Insurance
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
Insurance
Only commercial property rates ticked up vs Q1 in apparent deference to rising inflation. 13 September 2022
Insurance
Baobab will offer up to €5 million cover for companies under €100 million in revenue. 13 September 2022
Insurance
AXA XL aims to expand its casualty reinsurance business and meet its growing client needs “where the rates are adequate and the structure makes sense”, Marcus Gonzales, head of casualty global & international markets, head of London, reinsurance, AXA XL, told Intelligent Insurer. 13 September 2022
Insurance
As cedants grapple with a shrinking pool of available (and affordable) property-catastrophe capacity from traditional reinsurers, the importance of finding innovative ways to transfer that risk in other ways, such as into the capital markets, has become crucial as buyers plan their renewal. 12 September 2022
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
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
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