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Stemming the flow of the flood protection gap

Comment

Baden-Baden

Stemming the flow of the flood protection gap

Hannover Re’s Michael Pickel – who is responsible for P&C reinsurance in North America and continental Europe – discusses what Hurricanes Harvey and Irma can teach carriers writing flood coverage in Europe

Sun 21 Oct 2018

How GDPR is reshaping the cyber insurance landscape

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Baden-Baden

How GDPR is reshaping the cyber insurance landscape

General Data Protection Regulation (GDPR) and other regulation aimed at protecting personal data are creating new exposures for companies at risk of cyber attack, opening up new risk transfer opportunities for insurers, according to Partner Re’s European senior specialty casualty underwriter Chris McEvoy

Sun 21 Oct 2018

Q&A: Jean-Paul Conoscente, CEO of reinsurance at Scor Global P&C

Comment

Baden-Baden

Q&A: Jean-Paul Conoscente, CEO of reinsurance at Scor Global P&C

Jean-Paul Conoscente, CEO of reinsurance at Scor Global P&C on independence, M&A and his advice for the new CEO of Lloyd’s John Neal

Sun 21 Oct 2018

Fast-growing cyber market brings opportunities and threats

Comment

Baden-Baden

Fast-growing cyber market brings opportunities and threats

With cyber the fasting growing line of insurance business in modern history, Guy Carpenter’s CEO of International James Nash talks to Re-Insurance about how cover is evolving to keep pace with the changing market…

Sun 21 Oct 2018

Closing the protection gap with public private enterprises

Comment

Baden-Baden

Closing the protection gap with public private enterprises

Emma Karhan, leader of the Public Private Enterprise (PPE) specialty practice of Aon’s Reinsurance Solutions business on how PPEs can learn from each other and move the costs of the protection gap to the private sector

Sun 21 Oct 2018

Comment

Losses

Paying the price...

As delegates arrive at Baden-Baden for the annual reinsurance congress it seems appropriate to begin with a German proverb: “Das Billige ist immer das Teuerste”.

Sun 21 Oct 2018

News

Brexit

Contract continuity ‘no issue’ says EU Brexit chief

The European Parliament’s Brexit chief has said there will be “no issue” of contract continuity for (re)insurance firms once the UK departs from the European Union in March next year, Re-Insurance can reveal.

Sun 21 Oct 2018

News

Losses

RMS pegs Michael insured losses at upto $10bn

Global risk modeling and analytics firm, RMS has estimated that the insured loss from Hurricane Michael will be between $6.8bn and $10bn

Fri 19 Oct 2018

News

Losses

Blue Capital Re: correction on loss estimate

The NYSE-listed collateralised reinsurance fund Blue Capital Re said yesterday that its Q3 net Irma loss bill will increase by a further $6.1mn.

Fri 19 Oct 2018

Marine insurers braced for another major shipyard loss

News

Losses

Marine insurers braced for another major shipyard loss

UK insurer RSA and other marine underwriters are bracing themselves for a loss of up to $75mn after Hurricane Michael ripped through a shipyard in Panama City, Florida earlier this month, Re-Insurance can reveal.

Fri 19 Oct 2018

News

Losses

AIG shares dip after heavy Q3 cat loss estimate

AIG’s share price has fallen in early trading today but less than suggested from last night’s after market price following the publication of the company’s unexpectedly high Q3 loss bill.

Fri 19 Oct 2018

John Neal

CEO, Lloyd’s

Fri 19 Oct 2018

News

Losses

AIG expects as much as $1.7bn in Q3 catastrophe losses

US insurance behemoth American International Group said it expects to report third quarter pre-tax catastrophe losses of as much as $1.5bn to $1.7bn from natural disasters including Hurricane Florence and typhoons Jebi and Trami.

Fri 19 Oct 2018

News

Rokstone hires Ryan exec Pilla for US push

Rokstone Underwriting, the London-headquartered MGA that is backed by the D&F underwriting expert Les Rock, has hired Mike Pilla to head up its US operations, Rokstone Underwriting North America.

Thu 18 Oct 2018

News

Losses

Standard Syndicate set to exit Lloyd’s

Charles Taylor-managed Standard Syndicate 1884 has announced that it is withdrawing from underwriting at Lloyd’s from 2019.

Thu 18 Oct 2018

Danish insurer Qudos ceases underwriting

News

Legal/ Regulatory

Danish insurer Qudos ceases underwriting

Only hours after the Lloyd’s Syndicate 1884 announced it had ceased underwriting, the unrated Danish insurer Qudos Insurance confirmed that it has suspended underwriting with immediate effect.

Thu 18 Oct 2018