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M&A

Brown & Brown to buy Hays Companies

Expansive US retail broking giant Brown & Brown has agreed a deal to buy its smaller rival Hays Companies.

Mon 22 Oct 2018

Baden-Baden

Baden-Baden 2018 Tuesday edition

Welcome to the third and last day of our coverage from the 2018 Baden-Baden Reinsurance Meeting!

Mon 22 Oct 2018

Cyber risks are global but insurance not meeting demand: Munich Re

News

Baden-Baden

Cyber risks are global but insurance not meeting demand: Munich Re

Demand for cyber insurance is growing rapidly as increasingly costly events prove no market, sector or company is spared, irrespective of its size, from cyber risk, according to Munich Re.

Mon 22 Oct 2018

Hannover Re forecasts modest upswing for loss-affected German cat treaties

News

Baden-Baden

Hannover Re forecasts modest upswing for loss-affected German cat treaties

Hannover Re expects positive premium development in its domestic German market for the upcoming round of treaty renewals at 1.1, albeit at a more muted pace than in the previous year.

Mon 22 Oct 2018

Miller snaps up London (re)insurance broker Alston Gayler

News

M&A

Miller snaps up London (re)insurance broker Alston Gayler

Miller has confirmed it has entered into a definitive agreement to acquire Dutch-owned London market wholesaler Alston Gayler, as previously predicted by Re-Insurance.

Mon 22 Oct 2018

News

Hyperion X to launch as major new 1.1 tech, data initiative

London-headquartered intermediary Hyperion Insurance Group has unveiled a fourth new operating arm and parachuted in the senior management of its specialty broker RKH to lead the business as a mark of its commitment to drive much-needed industry “digital change”.

Mon 22 Oct 2018

Lloyd's warns of 'crippling' $160bn insurance gap

News

Property catastrophe

Lloyd's warns of 'crippling' $160bn insurance gap

An estimated $163bn of assets are underinsured in the world today, leaving an exposure gap that poses a “significant threat” to livelihoods and global prosperity, according to new research from Lloyd’s and the Centre for Economics and Business Research (CEBR).

Mon 22 Oct 2018

Perils launches Australia wind forecasting platform

News

Losses

Perils launches Australia wind forecasting platform

Zurich-based catastrophe modelling firm Perils has expanded its wind cat forecasting platform to include Australia.

Mon 22 Oct 2018

Comment

Brexit

A market unmoved – but not unchanged

The (re)insurance market must be poised to respond to the profound changes facing the industry, according to Liberty Mutual Re’s president Dieter Winkel

Mon 22 Oct 2018

Baden-Baden

Baden-Baden 2018 Monday edition

Welcome to the second day of our coverage from the 2018 Baden-Baden Reinsurance Meeting!

Sun 21 Oct 2018

Lloyd’s: hard Brexit no obstacle to paying claims

News

Baden-Baden

Lloyd’s: hard Brexit no obstacle to paying claims

Despite the continuing stalemate between the European Union and the UK government, Lloyd’s chairman Bruce Carnegie-Brown has reassured Baden-Baden attendees that the 330 year old market will seamlessly process claims and commit capacity regardless of what “Brexit” looks like in 2019.

Sun 21 Oct 2018

Comment

Baden-Baden

A messy quarter...

Today is not just the start of the Baden-Baden Congress. It also marks the first full week of the third quarter reporting season.

Sun 21 Oct 2018

R&Q shows commitment to program market with Accredited

Comment

Baden-Baden

R&Q shows commitment to program market with Accredited

Re-Insurance asks Colin Johnson and Todd Campbell what is behind the recent rebrand of its program underwriting division and why demand is growing for its services on both sides of the Atlantic

Sun 21 Oct 2018

Gard swoops on another flagship London marine account

News

Baden-Baden

Gard swoops on another flagship London marine account

Norwegian carrier Gard has secured another landmark London marine hull account, taking over from Lloyd’s insurer QBE as the lead on the London placement of the Qatar LNG fleet program, Re-Insurance can reveal.

Sun 21 Oct 2018

Comment

Baden-Baden

Lessons from the loss creep

Kenneth Tolson, US president of claims solutions at loss adjuster Crawford & Company, considers the demand for model innovations that have arisen following last year’s loss creep burden and explains why the challenge of carrying out inspections post Florence and Michael should be a very different experience to the terrible trio of HIM in 2017…

Sun 21 Oct 2018

Comment

Baden-Baden

Alternative capital put to the test

Bertrand Romagne, CEO Europe and CUO, P&C International reinsurance at Axa XL on the burgeoning ILS alternative capital market and the importance of scale

Sun 21 Oct 2018