All Archive articles – Page 7
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Analysis
Grinnell Mutual - Little reinsurer on the prairie
This tiny little-known US reinsurer is the Berkshire Hathaway of its sector. Ronald Gift Mullins introduces Grinnell Mutual – the wholesome reinsurance giant for US farm mutuals.
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GR Focus
GR Focus - Fragile world
Climate change is rising up the insurance agenda but so far the industry has lacked a holistic approach to the risks it poses. Inaction will be extremely expensive, warn Keith Leung and Ed Messer.
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Features
A year of living dangerously
In 2007, cedants on both sides of the Atlantic were reminded that follow-the-settlements/fortunes clauses do not guarantee recovery from reinsurers. Ian McKenna and Sarra Zemmel review some of the major legal battles.
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Features
Devil’s breath
Wildfires that raged across California in October could cost the insurance industry more than $1.5bn. These blazes can no longer be considered rare, warns Tomas Girnius.
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Country Analysis
Ripe for consolidation
Six years after it was opened up for private participation, the Indian insurance industry looks headed for a period of heightened M&A activity, predicts Shirish Nadkarni.
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Online only
Aspen Re launches global trading platform
Aspen Re has launched a new IT platform and will begin trading on a peer-to-peer basis with Lloyd’s brokers
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Editor's Note
Change is good
“You want us to change?!” The last few months has provided me with some interesting insights into the life of a Lloyd’s underwriter. Cultural resistance to change is by no means unique to the London market. Towards the end of last year, journalists on GR and its sister publications Insurance ...
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Country Analysis
Australia: Feeling the heat down under
Insurer profits remain high in Australia, but premiums continue to slide. Lindsay Marshall reports on an increasingly competitive landscape and a market still marred by the dramatic HIH failure
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Supplements
Roundtable Part II
Helen Yates: Is there an opportunity to introduce an electronic trading platform in the market? Would this be attractive to potential newcomers?Fetooh Al Zayani: We are only facilitators but I hope that companies, both local and international, will help us in creating demand and awareness of the use of the ...
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Supplements
Takaful comes into its own
Although the concept is far from new, recent years have seen takaful insurance booming, says Shirish Nadkarni.
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Supplements
Forces for change
Financial services and insurance are replacing oil as main revenue earners in many Gulf states. Misbah Kamal explores the new landscape.
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Online only
Increased profits a result of overpricing, says Consumer Federation
“Profits and a solid insurance industry are a good thing but unjustified profits and excessive capitalisation harm consumers.”
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Supplements
Roundtable participants
ROUNDTABLE PARTICIPANTS:Stevan Corbett, Claims manager at Partner Re and roundtable chairman (France)Dr Axel Biagosch, Arbitrator and former executive board member of Axa Konzern (Germany)Robert Bisson, Director general of CMGL Europe's French division (France) Charlotte Boij, Managing director, Wasa Insurance Run-Off Co (Sweden)Thomas Freudenstein, Head of claims, Global General & Reinsurance ...
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Online only
Islamic insurance premiums set to treble
The market for takaful insurance looks set to more than
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Supplements
Buying Strategies Roundtable
PARTICIPANTSThomas Blunck, Member of the Board of Management, Munich Reinsurance CompanyRupert Boswell, Partner, Reynolds Porter ChamberlainJeremy Brazil, Director of Reinsurance & Director of London Underwriting, Markel InternationalMatthew Grant, Managing Director, Risk Management SolutionsPeter Grove, Finance Director and Chief Underwriting Officer, QBEDavid Priebe, President and CEO, Guy Carpenter EuropeMarcus Rivaldi, Senior ...
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Supplements
Buying Strategies Roundtable Part 3
Thomas Blunck: Peter, I am happy that you said that and I didn't have to, and I agree that it relies on relationships, but the manner of the relationship has changed. We look into each other's eyes and then talk about very sophisticated analytics: we go into data, we go ...
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Supplements
Buying Strategies Roundtable Part 2
Helen Yates: Looking back at last year's hurricane season, this has had a very big impact on various different aspects of the industry. We have obviously got these alternatives to reinsurance, which are growing in importance, but we have also seen adjustments to catastrophe models and from the rating agency ...
