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Insurance
S&P Global Ratings has announced that it expects US property/casualty (P/C) insurers’ credit to be resilient in the face of hurricanes Harvey, Irma and Maria (HIM) in its latest rating report. 16 October 2017
Insurance
The insurance industry is going through an unparalleled period of change at an unprecedented pace and chief executives unwilling or unable to embrace this rapid development in their markets may not find themselves in their role for long. They must embrace change or get left behind. 15 October 2017
Insurance
Retrocessional rates must increase in the aftermath of big losses from the recent hurricanes and underwriters lacking the will to fight for hikes should get out of the business. 15 October 2017
Insurance
Rates in property-catastrophe reinsurance are likely to increase more than many believe in the aftermath of big hurricane losses because of the low level of equity raising and the debut of trapped capital as a major issue. 15 October 2017
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has established a partnership with CLARA analytics to deliver cutting-edge artificial intelligence (AI) tools to workers’ compensation insurers in the US to help employees return to work as quickly as possible, while decreasing loss ratios and improving operational efficiency. 15 October 2017
Insurance
The recent hurricanes and the resulting damage they’ve caused are making people think again when it comes to buying flood insurance, Alan Levin, vice chair at law firm Locke Lord, told PCI Today. 15 October 2017
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to PCI Today. 15 October 2017
Alternative Risk Transfer
Increasingly innovative risk transfer solutions are becoming available to cover the constantly evolving range of exposures that commercial insurers face, according to the latest Sigma study from Swiss Re. 15 October 2017
Insurance
The recent hurricane losses in the US could help accelerate growth in the insurance-linked securities (ILS) sector—but spreads may not widen as much as investors hope. 15 October 2017
Insurance
The ILS market has undergone a quiet third quarter of this year, according to a new report from Verisk subsidiary Property Claim Services (PCS). 15 October 2017
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