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The fact that the recent hurricane losses are unlikely to become a capital event for reinsurers owes much to the industry’s greater sophistication in its use of enterprise risk management, writes Stuart Shipperlee, managing director of Litmus Analysis. 15 October 2017
Insurance
The insurance-linked securities (ILS) market has evolved quickly in recent years with its investors becoming vastly more sophisticated—which their reaction to the recent hurricane losses has proved, according to Richard Lowther, chief operating officer at Hiscox Re ILS. 15 October 2017
Insurance
The scale of the protection gap in the US highlighted in the aftermath of the recent hurricanes could help nudge the political conversation around how future disasters are financed towards a greater willingness to involve the private sector in risk mitigation. 15 October 2017
Insurance
More reinsurers and insurers have released details of their third quarter catastrophe losses, reflecting the extent to which they were exposed to losses stemming from the recent hurricanes to make landfall in the US. 15 October 2017
Insurance
S&P Global Ratings said on Oct. 12 that it revised the outlook for XLIT, formerly known as XL Group and now a subsidiary of it, to stable from positive. 13 October 2017
Insurance
Catastrophe losses from the recent US hurricanes and Mexican earthquakes will lead to price rises on London Market insurers' loss-affected lines and could also affect wider market pricing trends, Fitch Ratings said in an Oct. 12 statement. 13 October 2017
Insurance
S&P Global Ratings said on Oct. 12 that it revised its outlook for Lloyd's to negative from stable. 12 October 2017
Insurance
Ratings agency AM Best has appointed Riccardo Ciccozzi as director of market development, Europe, as part of its strategic growth initiative in Continental Europe. 12 October 2017
Insurance
The hedge fund reinsurance model has had plenty of critics but Greenlight Re is still going, still growing and proving them wrong, as Brendan Barry, chief underwriting officer, of Greenlight Re, tells Intelligent Insurer. 10 October 2017
Insurance
Generali's new strategy for its German operations reinforces the expectation that the volume of German life insurance portfolios in run-off will increase significantly over the next five years, according to an Oct. 9 Fitch statement. 9 October 2017
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