News
Insurance
Reinsurance broker TigerRisk Partners has formed what it is calling a cat capacity SWAT team, dedicated to identifying new sources of property-catastrophe capacity, as a potential capacity crunch looms for cedants ahead of next year’s cat renewals, many of which are themselves seeking more coverage as property exposures soar. 11 September 2022
Insurance
Hugh O’Donnell, chief executive officer at Bermuda Brokers, told Intelligent Insurer of two main developments in Bermuda’s evolution as a “vibrant and diverse” marketplace. 11 September 2022
Insurance
The world is changing rapidly in ways that seemed unimaginable less than a decade ago. How can re/insurers assess risk and deploy resources in such a frenetic environment? Swiss Re group CUO Thierry Léger explains how. 11 September 2022
Insurance
The future of ILS sees an evolution of Aon’s role: new types of clients and risk, broader geographic opportunities, and structural changes that will enable growth, says Aon’s Paul Schultz. 11 September 2022
Insurance
The performance of the insurance-linked securities (ILS) market in the first half of 2022 reflected its relatively low correlation with the broader financial markets, with supply and demand for capital determining which deals were placed successfully and at what price, according to a new AM Best report. 10 September 2022
Insurance
AM Best-rated Caribbean property/casualty insurers posted an 8 percent increase in net income in 2021 to more than $70 million, highlighting carriers’ risk management practices, although the region remains highly vulnerable to a number of risks, led by climate risk. 10 September 2022
Insurance
Despite elevated catastrophe activity, AM Best’s composite of US and Bermudian reinsurers posted an improved underwriting margin in 2021, with a minimal number of COVID-19-related claims and larger contribution from investment results. 10 September 2022
Insurance
As the global reinsurer celebrates its 20th anniversary Dieter Winkel, president of LM Re, explains how the company’s joined-up thinking has ensured, and will continue to ensure, stability and sustainability in turbulent times. 10 September 2022
Insurance
Tatsuhiko ‘Tats’ Hoshina, the industry veteran credited with steering Tokio Millennium Re from being a $125 million Bermuda property-cat reinsurer to a $1.2 billion global, multiline player, is looking for a new job. Well, more backers, actually. He thinks now is the perfect time to start a reinsurer—and he is open to offers. 10 September 2022
Insurance
Aon has recognised that comprehensive risk analysis does not result from taking today’s event sets and adjusting them, but rather building event sets using a future climate model. 10 September 2022
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