January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 6, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Reinsurers Maintain Upward Pricing Momentum-But Will It Last? October 24, 2019 By L.S. Howard Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019...
Reinsurers’ Earnings to Be Hit After 3rd Year of Major Claims: AM Best October 23, 2019 Reinsurers’ earnings are likely to see further erosion in 2019 after another year of major catastrophe losses, which is prolonging...
Reinsurers Look at Cyber’s Massive Growth Possibilities-With Caution October 22, 2019 By L.S. Howard Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit...
AXIS Capital Sets Clean Energy Policy Designed to Reduce Climate Risks October 17, 2019 AXIS Capital Holdings Ltd. won’t insure, invest in or provide insurance or reinsurance for new coal plants or oil pipelines...
Good Leaders Challenge the Status Quo-and Themselves: SCOR’s Conoscente September 23, 2019 By L.S. Howard Jean-Paul Conoscente became the CEO of SCOR Global P&C in April 2019 when his predecessor, Victor Peignet, retired after 35...
Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO September 23, 2019 By L.S. Howard There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk...
Many Reinsurers Take Increased Catastrophe Risks as Rates Harden: S&P August 14, 2019 Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates...
Update: French Reinsurer SCOR Reports 62% Rise in Net Profit During 2nd Quarter July 25, 2019 By Inti Landauro French reinsurer SCOR, which was the target of a failed takeover attempt last year, said its net profit for the...
Hamilton Re Sponsors Issuance of Its First Cat Bond June 21, 2019 Hamilton Re has sponsored issuance of its first catastrophe bond. The reinsurance platform of Bermuda-based holding company Hamilton Insurance Group...