All News articles – Page 172
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Industry reaction: Theresa May's Brexit withdrawal agreement
Industry experts have their say on the withdrawal agreement
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Insurtech spends soar amid disruption threat - Moody’s report
Medium term collaboration with insurtechs reduces the threat of disruption, and in the long term, internet of things will force radical innovation, according to the rating agency’s study
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New perils amid record Q3 for cat bonds – Willis Re
Issuance of non-life bonds reached $1.6bn in the third quarter, a record high, according to reinsurance broker Willis Re
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Less stability, more growth – Kessler
More energy and risk taking is needed, not burdensome regulation and capital, Scor chairman and CEO Denis Kessler told an S&P Global event in London
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RenRe strikes $1.5bn deal to buy Tokio Millennium Re
TMR bought from Japanese parent by fellow Bermudian RenaissanceRe at 1.02x tangible book value
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Munich Re differentiating via services
Cyber, analytics and advisory skills mark out Munich Re’s approach from rivals, its two top Asia Pacific executives told GR
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Typhoons creating demand for backup covers
Recent nat cat activity and particularly Typhoon Jebi in Japan have created demand for backup covers
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AIR
ILS is needed to transfer cyber risk – AIG’s Duperreault
The ILS market needs to turn its guns on cyber risk, if the emerging threat is to be contained, Brian Duperreault told SIRC 2018
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AIR
Singapore’s finance minister opens SIRC 2018
Singapore’s minister of finance addressed SIRC 2018 as the official keynote speaker and guest of honour
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Six themes from NMG reinsurance study
A global study looking into the problems facing reinsurance has revealed six major challenges for the market to overcome. Nearly 3,000 respondents from property and casualty (P&C) and specialty insurers and reinsurance brokers were polled for the NMG Consulting’s Global P&C Reinsurance Study 2018, online and ...
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China flood model “first of its kind” - JBA
JBA has released a new flood model for China, which it said is the first of its type
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Canopius makes Singapore hires to boost AsiaPac arm
The global specialty re/insurer announced four new hires in Singapore to further its regional expansion
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Ed acquired by Besso owner BGC
BGC Partners grows it’s Lloyd’s broking presence by acquiring Steve Hearn’s Ed
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“Super regulator” driving Chinese market acceleration – JLT Re
Market developments, M&A activity, technological innovation and regulatory change are all factors in China’s market acceleration, according to reinsurance broker JLT Re
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ACR is up for sale, again – Bloomberg report
Singapore-based reinsurer ACR is looking for a new buyer, with a reported $800m price tag
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Canopius makes Singapore hires to boost Asia Pacific business
The global specialty re/insurer announced four new hires in Singapore to further its regional expansion
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TMK reorganises in Asia – closes HK office
Tokio Marine Kiln’s Hong Kong underwriting business goes into run-off
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Trust Re sets out commitments after AM Best downgrade
Bahrain-based reinsurer intends to bounce-back with strong focus on partnerships and claims management
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News
Munich Re to focus cyber strategy on SMEs
Doris Höpke revealed 90% of Munich Re’s cyber book is made up by SME clients, who she says are disproportionately affected by cyber attacks compared to larger corporates
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News
Russian losses drive pricing rises, demand set to rise
Hannover Re’s Alexandre Guerassimenko says Russian losses will drive rate increses in the affected programmes