Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert July 7, 2017 By Oliver Suess Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global...
Reinsurance Rates Continue to Soften with No End in Sight: S&P June 23, 2017 The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of...
Brave New World: 1st Reinsurance Product Heads to the Blockchain June 9, 2017 By L.S. Howard Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its...
Excess Capacity Continues to Drive Rate Cuts at June Renewals: JLT Re Report June 5, 2017 Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published...
Soft Reinsurance Prices to Continue Until Year-End – at Least: Fitch May 16, 2017 The soft pricing in the global reinsurance market will continue, at least, for the rest of the year, Fitch Ratings...
ILS Market Continues Growth Trend in Q1 2017: Willis Towers Watson April 26, 2017 Non-life insurance-linked securities (ILS) capital grew again in Q1 2017, continuing the trend from 2016, according to the latest ILS...
Hamilton Re to Buy Canopius’ Excess Casualty Renewal Rights April 24, 2017 Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius...
Solvency II Drives Demand for Reinsurance During 1/1 Renewals: Fitch February 16, 2017 The January renewals period show that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen...
Munich Re Q4 Earnings Drop to 500M Euros ($530M) on Nat Cat Claims February 8, 2017 By Oliver Suess Munich Re, the world’s biggest reinsurer, reported a bigger-than-expected drop in fourth-quarter earnings as claims from natural disasters rose while...
Cat Simulations Test London Insurers’ Vulnerabilities to Next ‘Big One’ January 31, 2017 A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer...