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VIG Re is benefiting from increased demand from buyers keen to work with a reinsurer that can offer something different and a low cost ratio, Johannes Martin Hartmann told Baden-Baden Today. 22 October 2019
Insurance
The re/insurance industry is too obsessed with embracing change and should remember what made it successful in the first place, according to Johannes Martin Hartmann, chairman of the board of directors at VIG Re. 22 October 2019
Insurance
Following its rating upgrade to ‘A’ last year, Sava Re is taking on more cat business and enjoying steady growth, as the firm’s Peter Skvarča and Edward Ottino tell Baden-Baden Today. 22 October 2019
Insurance
S&P Global Ratings has maintained a stable outlook on the global reinsurance sector although the fundamental secular competitive trends haven’t abated. Karakuyu and Johannes Bender summarise S&P’s 2020 Reinsurance Sector Outlook. 22 October 2019
Insurance
Pricing across the risk transfer market continues to resemble a U-curve, with primary rates increasing, retrocessional rates increasing—but reinsurance pricing remaining stubbornly flat with only loss-hit accounts experiencing any meaningful rate hikes. 21 October 2019
Insurance
Small, transactional, commercial lines business in the US will increasingly adopt a direct-to-insurer business model, cutting brokers out of the loop, in the same way personal lines business has evolved. 21 October 2019
Insurance
Most lines of business in Munich Re Syndicate’s portfolio are seeing rates increase and, in some cases, a quite significant increase, according to Dominick Hoare, the syndicate’s group chief underwriting officer. 21 October 2019
Insurance
Arch Mortgage Insurance Company (Arch MI) has obtained $577 million of indemnity reinsurance on a pool representing $7.2 billion of mortgages from Bellemeade Re 2019-4, a special purpose reinsurer. The reinsurance is for a portfolio of MI policies linked to 113,180 loans issued by Arch MI and affiliates in 2019. 21 October 2019
Insurance
Repositioning its book of business to better suit investor appetites is working well for ILS Capital Management, John Haggerty, the firm’s partner and managing director UK, told Baden-Baden Today. 21 October 2019
Insurance
With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for both the world economy and its own aims, Devesh Srivastava of GIC Re told APCIA Today. 20 October 2019
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