News
Insurance
The reinsurer believes a number of trends will converge to drive up prices. 16 September 2020
Alternative Risk Transfer
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Intelligent ILS. 21 November 2019
News
The traditional reinsurance sector as a whole continued to make money in 2017 with net income across a group of 21 major reinsurers at $4.0 billion, according to the most recent Aon Benfield Aggregate (ABA). 16 April 2018
Insurance
Bluefin, a leading UK insurance broker, has extended its long-term loss recovery insurance services partnership with Lorega, a UK managing general agent (MGA) and assistance specialist, across its middle market commercial business. 2 June 2016
Insurance
Losses from the ongoing California wildfires will likely negatively impact fourth-quarter earnings of companies with material property exposure in the state, Fitch Ratings said. 20 November 2018
Alternative Risk Transfer
January 1 retro and European reinsurance purchasing tend to be a good indicator of what ILS market activity will look like for the rest of the year. If that trend continues, 2020 is set to be a busy year for ILS, perhaps even rivalling 2017, says Brad Livingston of Willis Re Securities. 27 February 2020
Insurance
Global reinsurance can expect to face market “headwinds” in 2020, despite strong capitalisation and rising pricing, ratings agency Moody’s has said. 8 September 2019
Insurance
Specialist insurance provider Delta Insurance has launched a new cyber-protection and insurance solution in Asia Pacific, in partnership with London-based cybersecurity company DynaRisk. 9 April 2019
Insurance
Nexus CIFS, a specialist trade credit insurance subsidiary of leading independent specialty managing general agent (MGA) Nexus Underwriting Management Group, has appointed Nicola Slater as commercial underwriter. 12 April 2016
Insurance
Despite the many investments being made in innovation by re/insurers, few are focusing on the one thing that could gain them new business: a more sophisticated sales process, argues John Holm at Lloyd’s managing general agent Asta. 24 October 2017
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