News
Insurance
The first half of 2016 saw underwriting profits for the global reinsurance sector fall, while the recent profitability for several companies fell to levels that could diminish their financial strength, according to a mid-year report from Fitch Ratings. 25 August 2016
Alternative Risk Transfer
Natural disasters in the second half of this year could have a serious impact on the returns generated by the insurance-linked securities (ILS) and reinsurance-linked investment markets in 2016, according to a panel of industry figures. Intelligent Insurer reports 25 August 2016
Insurance
A report by Zurich Insurance calls for improving the language around the ‘100 year flood’ event to one that illustrates the level of risk and the consequences for individuals and communities. 25 August 2016
Insurance
The private health insurance market in China is expected to surge fivefold to Rmb1.1 trillion by 2020 ($167 billion) from Rmb 241 billion in 2015, according to a report by The Boston Consulting Group (BCG) and Munich Re. 24 August 2016
Insurance
The Reinsurance Association of America (RAA) has reported an increase in the gross written premiums of the biggest reinsurers in the US on an aggregate basis in the second quarter of 2016 but their profits dropped in the period compared with the same period a year earlier. 24 August 2016
Insurance
Xuber, the insurance software business of Xchanging, has provided a digital platform to Castel Underwriting Agencies that enables it to provide and manage services for its portfolio of underwriting cells on a single system. 24 August 2016
Insurance
Though most London market insurers are performing well and have strong balance sheets, they must beware of the threat of opportunistic capital exploiting any turn in the market. They must adapt their soft market strategies with this in mind, AM Best has claimed in a report. 24 August 2016
Insurance
European Property Underwriting (EPUL), a commercial property managing general agent (MGA), has promoted Andrew Whittaker to the position of managing director (MD). 22 August 2016
Insurance
RMS has introduced a suite of Europe inland hazard data, which provides high-resolutions insight that allows for an accurate estimation of flood risk. 19 August 2016
Insurance
Scottish Re Group, which placed its reinsurance business into run-off in 2008, has turned its comprehensive income into positive figures in the second quarter of 2016, while growing rise net premiums earned. 19 August 2016
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