Cyber Reinsurers Aim to Master the Dangers of Global Accumulation October 5, 2018 By L.S. Howard Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a...
Is the Reinsurance Cycle Dead or Just Dormant? Executives Discuss New Realities October 2, 2018 By L.S. Howard Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping...
India Refinery Cancels Iran Oil Imports to Keep Insurance Cover as Sanctions Loom September 20, 2018 By Nidhi Verma India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by...
GC Genesis, Guy Carpenter’s Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships September 11, 2018 By L.S. Howard Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution,...
Bermuda Market to Stay Key Reinsurance Hub Despite U.S. Tax Reform: A.M. Best September 7, 2018 Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by...
Munich Re to Stop Investing in Coal-Related Business, Insuring New Coal-Fired Plants August 6, 2018 Munich Re, the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30...
Swiss Re Weighs IPO for UK Closed-Book Business; Pricing Pressures Hit Earnings August 3, 2018 By Jan-Henrik Förster Pricing pressure in the reinsurance industry weighed on Swiss Re’s first-half earnings, overshadowing a drop in natural-catastrophe claims. The company...
S&P Probes If Reinsurers Are Ready for Another Year of Active Natural Disasters August 1, 2018 By L.S. Howard After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of...
India’s HPCL Cancels Iran Oil Purchase After Insurer Refuses to Provide Cover: Sources July 26, 2018 By Nidhi Verma India’s Hindustan Petroleum Corp. (HPCL) canceled the purchase of an Iranian oil cargo earlier this month after its insurance company...
Qatar Re Ceases Writing Business from Singapore Branch Office July 26, 2018 Qatar Reinsurance Co. Ltd. has announced that, with effect from 20 July 2018, it has ceased writing new and renewal...