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News

Monte Carlo

Munich Re: Onus on insurers to close protection gap

There is an urgent need for the reinsurance market to look to grow and close the global protection gap according to Munich Re.

Mon 11 Sep 2017

Hurricane post mortems will change market – Scor

News

Losses

Hurricane post mortems will change market – Scor

French reinsurance powerhouse Scor said regardless of the track or scale of the losses from Hurricane Irma the market will be changed by the lessons learnt.

Mon 11 Sep 2017

News

Losses

Florida braced for Irmageddeon

With a cruel sense of timing, Florida is bracing itself for a hit from one of the biggest hurricanes in history just as the global reinsurance industry converges on Monte Carlo for the annual Rendez-Vous.

Mon 11 Sep 2017

News

Rates

Lloyd’s urged to cut cost base

Nick Frankland, the newly anointed CEO of Aon Benfield’s London market business, has said that Lloyd’s has to act “more swiftly” in reforming its processes and reducing a cost base which is now higher than many of its competitors.

Sun 10 Sep 2017

Insurance needs to innovate to close poverty trap

News

Monte Carlo

Insurance needs to innovate to close poverty trap

The growing role of insurance in enhancing the ability of millions of people around the world to afford medical care has been highlighted on a new report from Swiss Re’s research arm.

Sun 10 Sep 2017

News

Losses

Capital waiting to pounce on post-event opportunities

While great uncertainty remains about the Irma insured loss picture, what is less in doubt is that capital is waiting in the wings if they spot post-event opportunities.

Sun 10 Sep 2017

R&Q accredited in California licence boost

News

Monte Carlo

R&Q accredited in California licence boost

The desire of reinsurers to get closer to the client and the mushrooming of MGAs is leading to an increased demand for program writers. Reinsurance talks to Todd Campbell and Ken Randall…

Sun 10 Sep 2017

News

Brexit

“Simplified” R&Q in bullish 2017 trading statement

R&Q’s share price may be given a fillip when trading on the London Stock Exchange opens later this morning following a notably upbeat trading statement that gives a strong hint that 2017 full year expectations will be surpassed.

Tue 5 Sep 2017

NOAA raises tropical storm and hurricane forecast for 2017

News

Casualty Reinsurance

NOAA raises tropical storm and hurricane forecast for 2017

Conditions in the tropical Atlantic Ocean and the Caribbean Sea indicate 2017 could be an “extremely active season” for tropical storms and hurricanes, said NOAA on Wednesday.

Thu 10 Aug 2017

News

M&A

GIC Re files for IPO while M&A is set to continue

General Insurance Corp of India has filed for an initial public offering which bankers have said could raise more than $1 billion, as part of the government’s plans to list five non-life insurers in which it holds stakes.

Tue 8 Aug 2017

News

M&A

Allianz in £1bn “partnership” with UK insurer LV=

The third largest UK personal lines insurer was formed this morning following a tie-up between Allianz Group and the Liverpool Victoria Friendly Society (LV=).

Fri 4 Aug 2017

Swiss Re highlights underwriting discipline as H1 profits fall

News

Results

Swiss Re highlights underwriting discipline as H1 profits fall

Swiss Re CEO Christian Mumenthaler says the reinsurance powerhouse is confident about the long-term despite a fall in half year profits today (4 August).

Fri 4 Aug 2017

News

Casualty Reinsurance

Swiss Re highlights underwriting discipline as H1 profits fall

Swiss Re CEO Christian Mumenthaler says the reinsurance powerhouse is confident about the long-term despite a fall in half year profits today (4 August).

Fri 4 Aug 2017

News

Results

Momentum building says WTW CEO as results remain static

Willis Towers Watson CEO John Haley (pic) said the firm was building momentum as it delivered a flat level of revenues in the second quarter of the year.

Thu 3 Aug 2017

AIG please analysts and investors with second quarter earnings

News

Results

AIG please analysts and investors with second quarter earnings

American International Group posted above expected results for the second quarter of the year, and saw its stock rise by 2.4% in the after-hours trade on Wednesday following the results announcement.

Thu 3 Aug 2017

News

Results

AIG please analysts and investors with second quarter earnings

American International Group posted above expected results for the second quarter of the year, and saw its stock rise by 2.4% in the after-hours trade on Wednesday following the results announcement.

Thu 3 Aug 2017