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Increased Q4 cat losses hit Endurance

Bermudian re/insurer Endurance saw its operating profit more than half in 2016's fourth quarter after being hit by almost $60m of catastrophe claims during the period.

Krøger Kjær to lead Skuld Copenhagen  

Krøger Kjær takes over in Copenhagen from Helle Lehmann who has stepped down.

Qatar Re ups premium volume 8%

Improved investment income offset a decline in underwriting income for the Bermuda-based reinsurer.

JLT Re makes two Nordic hires

A broker and an analyst with Scandinavian expertise join reinsurance broker JLT Re.

Third Point Re hit with Q4 2016 loss

Bermudian re/insurer Third Point Re was hit by both an underwriting and investment loss in the fourth quarter of 2016.

Third Point Re CEO Berger to step down

Third Point Re founder John Berger is stepping down as CEO at the beginning of March when he will be replaced by president and chief operating officer Robert Bredahl.

Swiss Re CUO steps down

Edouard Schmid will succeed Matthias Weber in June.

Chubb expands in Europe with new roles

The insurer has made its fourth major European appointment within the past two months.

Italian insurers facing difficult 2017 - AM Best

Italian insurers are likely to face pressure in 2017 owing to their close ties to the country's troubled banking system.

Magazine

1/1 Renewals: the cycle is not dead

Reserve development is a rising concern, but with so much capacity in play the market has still not yet turned.

Editor's comment: The three Rs

Three Rs for reinsurers to consider: reserving, run-off and renewals, writes David Benyon.

Managing editor's comment: a look ahead

Christopher Munro highlights what to expect in 2017.

Garry Booth comment: responding to AI

Artificial intelligence threatens traditional relationships but brings new accuracy.

Full spectrum: reflecting on ILS innovation

Collateralised re, cat bond lite and sidecars are on an ILS continuum that continues to broaden.

ILS London: balancing prudence with innovation

Problems arise with the PRA’s efforts towards making London an ILS hub.

The Polar Code: Bringing order at sea

As the Arctic opens up to shipping, new international rules are helping insurers mitigate risks.

The NFIP expands US flood reinsurance buying

The latest deal to transfer US flood risk paves the way for similar transactions to follow in its footsteps.

Absestos: A grim legacy that keeps on giving  

Unpredictable liability claims will haunt insurers for years to come.

Premia Re launches in run-off market

The run-off market welcomed the new entrant in January, amid talk of a renaissance.

GDPR: grappling with personal data

Firms have one year to change the way they work or face significant fines in Europe.

Brexit realities are sinking in

Insurers are struggling with the implications of Brexit, but time is running out.

Bermuda navigates stormy waters

Political shifts in the US mean storm clouds are on the horizon in Bermuda.

NYS cyber regs still prove troublesome

Cyber regulations in New York State have been relaxed, but issues remain for insurers.

SunTrust: ILS in 2017 - evolution not revolution?

Parri Spector and Donny Tong of SunTrust are cautiously optimistic about ILS market prospects. Sponsored by SunTrust.

Riskbitz February 2017

Your favourite re/insurance satire, by Riskbitz.

Editor's comment: ghosts of re/insurance future

Reflecting on a tumultuous 2016, David Benyon looks at the dangers ahead.

Managing editor's comment: a glance back at 2016…  

Christopher Munro looks at the re/insurance industry this year and mulls over market changes.

Latest Issue

February 2017

reactions-sep  

In this month's Reactions

  • Race to reinsure India
  • The Polar Code
  • ILS market evolution
  • January renewals

Click here to view this issue

 

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Catastrophe Centre