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New regulations in a number of markets in the Gulf Cooperation Council (GCC) enhancing minimum capital and solvency requirements as well as incorporating actuarial based pricing and reserving have impacted profitability of many insurance companies, said AM Best. 28 September 2016
Insurance
Bertrand Labilloy, chief executive of French reinsurer Caisse Centrale de Réassurance, explains to Intelligent Insurer why CCR merits a state guarantee and the rationale behind launching the new CCR Re open market enterprise. 27 September 2016
Alternative Risk Transfer
Cat bonds might not have a long history, but so far they have paid out on claims from major events in a timely manner, according to Maren Josefs, associate director at S&P Global Ratings. 22 September 2016
Alternative Risk Transfer
The benign natural catastrophe environment has been just one factor driving difficulties for the re/insurance industry. These pressures were among the topics discussed by senior executives at a roundtable held in Hamilton, Bermuda, hosted by Xuber, a CSC company. 22 September 2016
Insurance
Verisk Insurance Solutions has introduced an energy insurance unit focused on risk assessment, rating, and risk modelling for the oil and gas, petrochemicals, power generation, and metals and mining industries. 20 September 2016
Insurance
Closing the insurance gap – the difference in many sectors and parts of the world between economic and insured losses – would allow re/insurers to innovate and stop fighting over the same shrinking pie. 19 September 2016
Insurance
A UK inquiry into Solvency II (S2) and the impact of post-Brexit change is likely to look closely at capital requirements for annuities and at potential risks for reinsurers if future UK rules are not considered equivalent to S2, Fitch Ratings has said. 15 September 2016
Insurance
Pricing competition and a continuing soft market will weaken French-non life insurers’ earning in 2016, according to a report from Fitch Ratings. 15 September 2016
Insurance
Industry veteran Dirk Lohmann, the CEO and one of the founders of Secquaero, the fund manager now 50.1 percent-owned by asset manager Schroders, plans to form a fund dedicated to life insurance-linked securities (ILS) in 2017. 14 September 2016
Insurance
Insurance technology has the potential to revolutionise the insurance market and will increasingly interject itself into the insurance value chain, Michael Halsband of law firm Drinker Biddle told Monte Carlo Today. 14 September 2016
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