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While the world’s largest, global, cedants are retaining more risk on their own balance sheets and buying less reinsurance, the reverse dynamic is true when it comes to smaller, regional players, believes Andrew Marcell, chief executive of the US operations of Guy Carpenter. 15 September 2014
News
The apparent soft market conditions do not reflect the positive underwriting results of reinsurers, according to Stuart Shipperlee, partner, Litmus Analysis. 15 September 2014
Awards
Taking the top spot with 7.11, rating agency AM Best was closely followed by Standard and Poor’s with 6.90 and Moody’s with 6.33. 14 September 2014
Awards
The title for best reinsurer based on ability to pay claims with GWP of more than $2 billion was highly contested, with the world’s largest reinsurer, Munich Re, claiming the top spot with 7.38 out of 10. 14 September 2014
Reinsurance
The industry is well overdue for a period of consolidation, believes Denis Kessler, chief executive of SCOR. Here, he explains to Intelligent Insurer why he believes this is the case and why cyclical pricing is also a thing of the past. 13 September 2014
Reinsurance
Against a backdrop of intense competition and softening rates on some lines of business, Intelligent Insurer takes a closer look at the rhetoric used by a selection of the industry’s leaders to describe market conditions in their results posted for the second quarter/first half of 2014. 13 September 2014
Alternative Risk Transfer
Providing multi-tranche catastrophe bonds gives large re/insurers the risk:return profiles they are most comfortable with, as Cory Anger, global head of ILS Structuring at GC Securities*, describes. 13 September 2014
Insurance
XL Group’s complex accounts unit, Munich Re’s green tech solutions team, and consultants New Energy Risk (NER), have teamed up to deliver an insurance policy for a portfolio of fuel cell servers installed across the US. 12 September 2014
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