News
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
Insurance
With more alternative capital coming into play, there is greater pressure on the reinsurance sector—but the key is to use it to their advantage, Ali Karakuyu, lead analyst, director, at S&P Global Ratings, told Baden-Baden Today. 24 October 2018
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
E+S Rückversicherung, a subsidiary of Hannover Re which writes German reinsurance business, said it expects positive premium development in the German market for the upcoming round of treaty renewals at January 1, 2019, albeit at a somewhat more muted pace than in the previous year. 24 October 2018
Insurance
Run-off expert Arndt Gossmann has launched his latest venture in response to market demand following the introduction of Solvency II and to help dispel any stigma associated with using run-off as a strategic tool, he told Baden-Baden Today. 24 October 2018
Insurance
The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Insurance
The Talanx Group, which owns Hannover Re, has outlined ambitious targets for 2019 and beyond – one way it plans to achieve these is by consolidating its reinsurance buying programme. 23 October 2018
Insurance
Hannover Re Group has revealed that Michael Pickel will succeed Ulrich Wallin as chief executive officer (CEO) of its German reinsurance subsidiary E+S Rück. 23 October 2018
Insurance
French insurer AXA is planning to sell all its insurance operations in Ukraine and exit the Ukrainian market. 23 October 2018
Insurance
Italian insurer Generali will acquire Polish asset management company Union Investment TFI from the German Group Union Asset Management Holding to bolster its presence in central and eastern Europe (CEE). 23 October 2018
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