Reinsurance
Top 100 UK insurers 2017
Who are the top 100 UK insurers? Check out the ranking established by Post, in association with AM Best.
Top UK insurers 2017
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
Analysis: Hurricane harm
Hurricane season has caused devastation across the Atlantic but, despite the human death toll, the impact on reinsurers is likely to be limited
WTW launches facultative reinsurance hub in DACH region
Willis Towers Watson has launched a facultative reinsurance business across Germany, Austria, and Switzerland.
Lonmar Global Risks hires Charles Ross as executive director
GRP-backed Lloyd’s broker Lonmar Global Risks has appointed Charles Ross as an executive director in their fine art & specie division.
Editor's comment: Time for turning
As a mother, finding a consensus that makes all family members happy is often an issue.
Sompo International brings multiple global operations under one banner
Sompo International Holdings has brought together its European, American and newly acquired Endurance businesses together to form a single worldwide platform.
Analysis: Rate revision: changes to Ogden
Insurers consider the impact of the proposed U-turn on the Ogden rate
Everest Re gains approval for Dublin post-Brexit hub
Everest Re has been granted in principle regulatory approval for a Dublin-based subsidiary.
Blockchain industry pilot gains 23 new entrants
The Blockchain Insurance Initiative, B3i, has gained 23 new companies to participate in the market testing of its Blockchain prototype.
Online betting operator gains license to establish its own insurance company
Online betting operator, Lottoland, has established its own insurance company, Fortuna Insurance, in order to insure its own risks.
Cvrd rebrands to Nimbla and sets launch date
Insurtech start-up Cvrd has rebranded to Nimbla and plans to launch in October this year.
Blog: ILWs for cyber
Industry loss warranties could play a bigger role in cyber as it becomes a long-tail risk, explains Tom Johansmeyer, assistant vice-president at Verisk Insurance Solutions
Analysis: Connected risks require joined-up thinking
Faced with events that cascade from one risk class to others, insurers need to review their underwriting strategies.
Intangible risk cover is the future says Pool Re CEO
The future of insurance cover lies in intangible risks, a conference of claims professionals has heard.
Maria industry losses could total $85bn
Industry insured losses for Hurricane Maria in the Caribbean will be between $40bn and $85bn, according to AIR Worldwide.
Ogden reform could see fewer shocks to industry
Ogden reform could see fewer shocks from discount rate changes in future, AM Best said.
EU and US sign covered agreement
The European Union and the United States has today signed the so-called covered agreement on prudential reinsurance measures.
Ed appoints Minesh Jani as CEO of MENA and Indian business
Ed Broking has appointed Minesh Jani as CEO of Middle East and North Africa, India and Indian sub-continent.
Munich Re warns on Q3 loss following Harvey and Irma
Reinsurance giant Munich Re has said it could miss its full year 2017 profit target as a result of extensive damage from hurricanes Harvey and Irma.
Insurance growth to drive infrastructure resilience boom: World Bank CFO
Insurance sector efforts to boost coverage in both developed and undeveloped markets has the potential to create more resilient infrastructure and mitigate risks, the World Bank’s chief financial officer has said.
Global firms launch blockchain prototype for reinsurance transactions
The Blockchain Insurance Industry Initiative, B3i, will begin market beta-testing of its reinsurance blockchain prototype for reinsurance transactions.
Reinsurers ‘living off the past’ says AM Best executive
"Concerning" negative trends within the non-life reinsurance market have been hidden by loss reserve development, an AM Best executives has said.
Harvey highlights insurance penetration shortfall says Aon Benfield
A significant proportion of the flood losses generated by Hurricane Harvey in Texas and Louisiana will be uninsured, highlighting the existence of a global protection gap, Aon Benfield has said.