News
Insurance
“Already a few things about Irma are self-evident, and that’s without knowing if it will hit Tampa,” Tad Walker, CEO property/casualty at PartnerRe, told Monte Carlo Today. One of these, he said, is that it could cause some hardening of US property rates. 12 September 2017
Insurance
All re/insurers and brokers are grappling with the implications of an unprecedented wave of new technologies labelled ‘insurtech’ which are capable of transforming their businesses. In a webinar sponsored by Xceedance, four senior executives debated how insurers, reinsurers and brokers should respond to this barrage of change and innovation. 11 September 2017
Insurance
To find out what the future holds for the motor insurance industry and how it is dealing with the challenges it faces, Intelligent Insurer invited experts from major players in the market to discuss the challenges and potential solutions. 11 September 2017
Insurance
AmTrust at Lloyd’s is looking to combine its three non-life Lloyd’s syndicates into a single entity, and has applied for the approval. 11 September 2017
News
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Nikhil Barvé as head of outwards reinsurance and underwriting supervision. 11 September 2017
Insurance
Hurricane Harvey, which wreaked havoc in Texas at the end of August, may have the potential to revive discussions around the pricing of catastrophe risk, Torsten Jeworrek, head of reinsurance of Munich Re, told Monte Carlo Today. 11 September 2017
Insurance
Data and analytics company Sciemus is widening its remit into risks including natural resources, weather and technology, Rick Welsh, its chief executive, told Monte Carlo Today. 11 September 2017
Insurance
Diversification is essential for evolving the cyber insurance market, yet expanding the cyber remit beyond data confidentiality and further into areas such as operational technology risk, data availability and integrity demands a common cyber risk currency, according to Morley Speed, managing director, and Carolyn Morley, chairman, global casualty, Guy Carpenter. 11 September 2017
News
Munich Re’s projections for the reinsurance industry show little growth for the sector as excess capital continues to compete for business. But the reinsurer also believes that the losses generated by the recent hurricanes will trigger more demand. 11 September 2017
Insurance
Hurricane Irma could possibly be a market-changing event, depending on its path and the level of damage it causes, according to Fitch Ratings. 11 September 2017
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