The push to transform London into a global hub for insurance linked securities has started with Neon making a pioneering move to establish such a structure in the UK.
More than half of the respondents to the World Economic Forum's global risk perception believe that the year ahead will bring an increase in overall risk mainly due to environmental and geopolitical factors.
Investors continue to eye any opportunity that may arise in the re/insurance industry, with the January 1 renewals highlighting the continued interest in the sector, Michael Millette told Reactions.
Insurers are facing a slow burn in California as new wildfires that have erupted in the South of the state add to the losses already incurred in the North.
London's Hyperion Insurance Group saw its revenue grow by a fifth while EBITDA increased by a quarter in 2017.
Adequate capitalisation, a robust alternative capital market and a retention of losses in the primary market have left global reinsurers breathing a sigh of relief in the face of a record-breaking catastrophe year, according to Aon Benfield.
As many of the economies in Latin American recover from a far reaching lull, Pioneer Underwriters is looking to establish a foothold in the region.
The latest digital edition of Reactions leads with a focus on some of the senior female executives working within the global insurance and reinsurance industry, while we also find out what leading market figures think will be the major issues for the sector in 2018.
The National Flood Insurance Program (NFIP) has increased its private reinsurance coverage to $1.46bn, as program administrator Roy Wright aims to double the amount of Americans covered by the scheme by 2023.
A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.
Interview: Swiss Re’s Canada CEO believes consolidation among Canadian insurers will boost reinsurance demand as well as kick-start cat bonds. Insurers are also looking for reinsurance as a result of onerous new solvency requirements for BC earthquake.