The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles January 3, 2018 By L.S. Howard Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
Reinsurance Price Hikes May Be Short-Lived as Capacity Is Abundant December 22, 2017 While overall market conditions may improve over the near term as a result of catastrophe events in the third quarter...
Validus Names Driscoll, Bilsby & Zeng to Lead New Reportable Divisions December 11, 2017 Validus Holdings Ltd. has announced three senior leadership appointments as a result of a structural change for the company that...
Australia’s IAG Forms Capital-Releasing Deals with Munich Re, Swiss Re, Hannover Re December 8, 2017 By Paulina Duran Insurance Australia Group Ltd. said on Friday it will share 12.5 percent of its premiums and costs with Munich Re,...
Reinsurance Sector’s Share of Hurricane, Quake Losses Is $20B-$25B: A.M. Best November 20, 2017 Cumulative net catastrophe losses for reinsurance companies from Hurricanes Harvey, Irma and Maria, along with the Mexico earthquakes, are between...
Hedge Funds Invest in Reinsurance Stocks on Expected Rate Hikes in 2018 November 16, 2017 By Maiya Keidan, Carolyn Cohn and Lawrence Delevingne Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North...
Growing Climate Risks May Be ‘Impossible to Model’ – and Ultimately Uninsurable November 13, 2017 By Jessica Shankleman After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get...
Global Re/Insurers Seek Premium Hikes After Costly 3rd Quarter October 27, 2017 By Suzanne Barlyn Insurers and reinsurers around the globe are looking to raise rates after what looks set to be their most costly...
Insurtech Startup, Insurdata, Raises More Than $1M in Seed Financing October 24, 2017 Insurdata, an insurtech firm that provides re/insurance underwriters with property-specific data to support their pricing, underwriting and portfolio management decisions,...
Investors Remain Committed to ILS Market Despite Q3 Catastrophes: WTW October 20, 2017 ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing...