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Updated: 1 hour 28 min ago

Rates, growth, and alt cap are the industry’s current main worries, survey finds

20 October, 2019 - 09:11
The dynamic around rates and terms and conditions, the impact of alternative capacity on the market and how to grow those will be some of the biggest talking points at this year’s annual American Property Casualty Insurance Association conference in Boston, according to a survey of Intelligent Insurer readers.

Insurers including Lloyd’s can benefit from legal cannabis in US and Canada

20 October, 2019 - 09:10
Insurers at Lloyd’s could benefit from the rapid growth of the legal cannabis industry in the US and Canada, a legal expert has claimed.

Insurance industry uses blockchain to connect via the cloud

20 October, 2019 - 09:09
The creation of an ever-more standardised blockchain framework represents a key moment for the evolution of blockchain technology and the insurtech sector more widely.

Flood reform, TRIA and EU-US bilateral covered agreement are top RAA priorities: Nutter

20 October, 2019 - 09:08
One of the top priorities of the Reinsurance Association of America (RAA) over the next 12 months will be working with state regulators to ensure the bilateral covered agreement on insurance and reinsurance between the EU and the US, signed in 2017, is implemented by all states before the five-year deadline is reached.

Trapped capital can be solved: ILS Capital MD Clinton

20 October, 2019 - 09:07
After several years of heavy losses and other unexpected challenges such as loss creep and trapped capital, insurance-linked securities (ILS) investors are much more cautious going into the year-end renewals, with many readjusting their portfolios and attempts being made by some to solve the problem of trapped capital.

Loss creep remains a big issue for the ILS market: Johansmeyer

20 October, 2019 - 09:06
Loss creep remains a big issue for the insurance-linked securities (ILS) market, with some investors grappling with developments around the impact of 2017’s Hurricane Irma, which inflicted $77 billion in economic losses in the Northern Caribbean, Puerto Rico and Florida.

Wildfire risk is considered a ‘new major peril’ by reinsurers, says Guy Carpenter

20 October, 2019 - 09:05
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk.

FCA reports 10% fall in motor and transport insurance complaints – FCA

18 October, 2019 - 15:37
The number of complaints about motor and transport insurance fell 10% to 248,460 in the first half of 2019, down from 277, 363 from the second half of last year, according to the Financial Conduct Authority.

Henry Gillingham joins StarStone as head of War & Terrorism

18 October, 2019 - 15:14
Global specialty insurer StarStone has appointed Henry Gillingham as head of war & terrorism in its crisis management division.

Guy Carpenter appoints Dominic Samengo-Turner as global facultative leader

18 October, 2019 - 15:13
Guy Carpenter a global risk and reinsurance specialist and a business of Marsh & McLennan Companies, has appointed Dominic Samengo-Turner to the role of Global facultative leader.

REIN appoints Kate Sampson to advisory board

18 October, 2019 - 15:11
North Carolina-based REIN, a company with an enterprise insurtech platform, has appointed Kate Sampson to its advisory board.

Insurtech: should you believe the hype?

18 October, 2019 - 11:44
Everyone is talking about insurtech, but apart from its being a useful portmanteau term, does the reality live up to the hype that surrounds it? Intelligent Insurer asks those in the know.

Sticks injure 1.4 million dogs – Direct Line Pet Insurance

18 October, 2019 - 11:10
Some 1.4 million dogs across the UK have been injured by a stick, reveals new research by Direct Line Pet Insurance, which urges dog owners to use a safe, specially designed eco-friendly throw toy instead.

Munich Re posts strong results and is on target to beat 2019 forecast

18 October, 2019 - 11:02
Munich Re has made a consolidated profit of approximately €850 million in the third quarter, despite high major-loss expenditure.

Brokerslink collaborates with Swiss Re on multinational insurance programme management platform

18 October, 2019 - 10:31
Global broking business Brokerslink and Swiss Re Corporate Solutions are to develop a dedicated international insurance programme management platform for the organisation’s broker network.

A tool for profitable growth

18 October, 2019 - 09:59
US insurers face a unique set of challenges as they consider their growth strategies. Tom Hettinger of Guy Carpenter explains his company’s innovative tool GC Mosaic which helps clients make better growth decisions based on analytics and real data, to Intelligent Insurer.

Analysts at RBC expect prolonged insurance pricing strength

18 October, 2019 - 09:51
Insurers’ pricing has picked up in 2019, and this will continue into 2020, as companies look to address recent weak profitability, according to the insurance analyst team at RBC Markets

Women in Reinsurance names Peta White chair of the Board

18 October, 2019 - 09:47
Women in Reinsurance (WiRe), the organization for professional women employed in the Bermuda reinsurance sector, has appointed Peta White as chair of the Board.

Davies makes sixth acquisition in 2019 as North America expansion gathers pace

18 October, 2019 - 09:39
Davies, an operations management, consulting and digital solutions provider, has acquired Alternative Service Concepts (ASC), a workers’ compensation and property and casualty third party administrator (TPA) headquartered in Nashville, Tennessee.

Blockchain should be viewed as a “team sport”: B3i

18 October, 2019 - 09:38
Blockchain should be viewed as a “team sport” by the risk-transfer industry as opposed to a specific technology; more a way of connecting companies and people and gaining efficiencies.

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