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Life
Old, bespoke IT systems are costing the insurance industry a third to a half more than they should, with standardisation the key to driving down costs.   1 November 2013
ILS
The influx of pension fund interest in property catastrophe risk will test the resolve of reinsurers as they head towards January 1 renewals, with conditions further exacerbated by meagre investment returns.   31 October 2013
Life
AM Best has highlighted improved operating performance and profitability, as well as the introduction of strengthened underwriting team, as being behind a positive revision to XL’s issuer credit rating and an affirmation of its A (Excellent) financial strength rating.   31 October 2013
News
A ‘perfect storm’ in the business environment means that insurance asset management in North America is at an inflection point that presents a considerable learning opportunity, according to Nicholas Liolis.   31 October 2013
Life
Extra-Tropical Cyclone Christian struck northern Europe this weekend, causing widespread damage that Eqecat estimates will be comparable to losses experienced following Windstorm Kyrill in 2007.   31 October 2013
article
The insurance-linked securities (ILS) market is set to have a record year and the pipeline for 2014 suggests that next year will be an even stronger vintage.   31 October 2013
News
With significant levels of convergence capital entering the cat market and reinsurers looking to take on more flood risk, there are significant opportunities for premium growth and risk mitigation says Brad Kading.   31 October 2013
News
Tokio Millennium Re will be ramping up its stateside operations in 2014 with the formation of a US office, as the reinsurer looks to further diversify and expand its global footprint.   22 October 2013
ILS
Just some 40 months since the company started accepting business, Ryan Specialty has grown much faster than anticipated. What is more, changes to the structure of the industry mean that opportunities for the company will only increase, says Pat Ryan, the company’s founder, chairman and chief executive.   22 October 2013
News
The growing use of economic capital models by cedants to help structure their reinsurance programmes has led to many increasing their retentions – a phenomenon that is almost paradoxical at a time when reinsurance is relatively cheap.   22 October 2013

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