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Scarcity of profits and ‘fear factor’ to drive rate hikes, says Swiss Re CEO
Insurance
Corporate insurance rates are enjoying healthy rate hikes, which should put Swiss Re Corporate Solutions back on track after some difficult years, and reinsurance rates are seeing smaller increases—but the overall outlook for the industry is a positive one.   8 September 2019
Deutsche Rück to enter new North African markets
Insurance
The Deutsche Rück Group is planning a geographical expansion outside its core markets. Achim Bosch, chief underwriting officer at the company, told Monte Carlo Today that in the coming months, the group will enter some new markets outside Europe and take on business from selected North African markets.   8 September 2019
Zurich’s head of claims wants the firm to work more closely with its reinsurers
Insurance
Insurers would benefit from forming deeper relationships with their reinsurers, working increasingly collaboratively as opposed to having a largely transactional arrangement, according to Ian Thompson, the group chief claims officer of Zurich Insurance Group.   8 September 2019
Insurance
As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected.   6 September 2019
Insurance
Specialty lines insurer HDI Global Specialty SE has expanded its UK executive team with the hires of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority.   4 September 2019
Insurance
Re/insurer MS Amlin's head of reinsurance business, James Few, has stepped down with immediate effect to join TigerRisk Partners as CEO of its London office.   4 September 2019
Insurance
Pioneer Underwriters has appointed Hazel Beveridge as chief actuary. She will report to Andrew McMellin, CEO of Pioneer and will join the company's executive committee.   3 September 2019
Alternative Risk Transfer
Asset management group Schroder has hired Stephan Ruoff, most recently group CEO of Tokio Millennium Re, as deputy head of its new ILS management unit Schroder Secquaero.   3 September 2019
Insurance
Zurich-based catastrophe insurance data provider PERILS has appointed Takashi Goda as senior advisor for Japan.   2 September 2019
Insurance
Provider of commercial, contract, and international surety bonds Argo Surety has unveiled an increased Treasury listing capacity that means it can consider single bonds up to $100 million.   27 August 2019

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