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Hiscox Re to increase capacity on back of balanced book

24 October, 2017 - 06:19
Hiscox Re’s strategy of balancing its internationally traded, catastrophe exposed big ticket insurance and reinsurance lines with low volatility retail business is built exactly for times like this—when rates are likely to harden, according to Andrew Dolphin, chair of international business at Hiscox Re.

Munich Re seeks US growth as rates rise on back of nat cats

24 October, 2017 - 06:18
Munich Re is seeking opportunities to grow in North America after losses stemming from the large nat cat events in the third quarter improve pricing, Hermann Pohlchristoph, member of the board of management at Munich Re, told Baden-Baden Today.

Volatility in Spanish bond market will hit re/insurers

24 October, 2017 - 06:17
Volatility in the Spanish bond market due to instability created by Catalonia’s independence vote is a concern for Spanish re/insurers, according to AM Best.

Alternative thinking: the historic rise of ILS

24 October, 2017 - 06:16
Aon Securities has published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells Baden-Baden Today about the key developments during what has been a record year for ILS.

Empowering reinsurance buyers on capital optimisation

24 October, 2017 - 06:15
As capital optimisation becomes ever more important to insurers, reinsurers can benefit from a new platform being developed by UnipolRe designed to empower reinsurance buyers, Simon Wigzell, the firm’s underwriting manager, explains to Baden-Baden Today.

The changing face of terrorism risk

24 October, 2017 - 06:14
Terrorism cover has changed rapidly in recent years. The nature of attacks has altered and buyers have been incorporating terrorism cover into whole account reinsurance. Here, Jessica Johnson of Barbican Insurance Group discusses trends in the market.

Expert support for catastrophe and exposure management

24 October, 2017 - 06:13
Re/insurers and brokers are realising the value of partnering with a strategic managed services provider to keep abreast of new developments in catastrophe and exposure management, as Monalisa Samal and Puneet Bajpai of Xceedance tell Baden-Baden Today.

Certain lines must push back on rates

24 October, 2017 - 06:12
The marine, energy and aviation markets have allowed themselves to slip into low single-digit return on equities, and must push back on rates to return to double digits, Adrian Poxon, executive vice president and head of global specialty reinsurance at Sompo International, told Baden-Baden Today.

Rates to return to risk-adequate levels

24 October, 2017 - 06:11
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures.

London’s calling

23 October, 2017 - 14:00
From a London base and in spite of Brexit, Mapfre Global Risks is set on a path of steady international expansion. Ignacio Baeza, vice chairman of Mapfre and chief executive of Mapfre Global Risks, explains to Intelligent Insurer the company’s goals and why London still makes sense.

Perseverance is the message: Swiss Re CEO

23 October, 2017 - 10:34
The whole P&C value chain is not earning its cost of capital, says Swiss Re CEO Christian Mumenthaler, who explains to Intelligent Insurer how, despite this, Swiss Re is well positioned to navigate the challenging environment.

RMS hires Munich Re’s Arnoldussen to target growth in Europe

23 October, 2017 - 09:51
Risk modelling and data analytics firm RMS has appointed former Munich Re executive Ludger Arnoldussen to strengthen its position in the European market, Germany in particular.

£7bn of London Market business directly impacted by Brexit

23 October, 2017 - 09:37
Overall premium income for the London company market in 2016 was £22.7 billion, a 2.9 percent increase on restated figures for 2015, a new report by the International Underwriting Association has revealed.

The Hartford elects former RGA CEO and Aon president to board

23 October, 2017 - 09:37
The Hartford, a US-based property/casualty insurer, has elected Greig Woodring and Steve McGill to its board of directors.

Chubb appoints government and industry affairs leader

23 October, 2017 - 09:36
Property/casualty insurer Chubb has made several new leadership appointments in its Global Government and Industry Affairs group.

CCR Re hires regional vice president of treaties from Generali

23 October, 2017 - 09:35
CCR Re, the French government backed reinsurer, has announced the appointment of Andreas Ofner as vice president of treaties for Germany, Austria and Switzerland.

EMEA will not escape the fallout from the US storm losses: Swiss Re

23 October, 2017 - 06:20
Pricing in Europe, the Middle East and Africa (EMEA) will be influenced by the heavy losses in the US stemming from hurricanes Harvey, Irma and Maria despite the fact that the capital bases of most large reinsurers are likely to be unaffected and competition in the region remains robust.

Only a brave underwriter will volunteer a reduction now

23 October, 2017 - 06:19
Insurers face rate increases particularly in regions affected by nat cat events in the third quarter, but pressure is also rising in other regions, Tim Paske, managing director at re/insurance broker BMS, told Baden-Baden Today.

Disruption will be central theme of Baden-Baden meeting

23 October, 2017 - 06:18
The Guy Carpenter Baden-Baden 2017 Reinsurance Symposium has placed disruption at the centre of the agenda and identified it as the theme for the annual industry meeting during the opening event, which featured Munich Re CEO Joachim Wenning as one of its speakers.

Excess capital will protect ratings

23 October, 2017 - 06:17
Mike Van Slooten, head of market analysis–international at Aon Benfield, discusses key industry trends in the wake of recent major catastrophe losses with Baden-Baden Today.


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