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Demand for catastrophe reinsurance in Asia Pacific lags behind GDP growth

However, Guy Carp predicts that the conditions are ripe for a broader reinsurance community to respond positively with innovative and customised solutions. 4 November 2013

News

Hiscox wrote 10% more business in 2013

Hiscox increased its gross written premiums by 10.1 percent year-on-year to £1,370 million, driven by the strength of its insurance business. 4 November 2013

Life

Bespoke IT systems costing industry

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

News

Perfect storm requires innovative investment managers

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

News

Flood reform a major opportunity

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

ILS

Alternative capital set to test reinsurers’ resolve

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

Christian comparable to Kyrill as Europe braces for losses

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

Life

XL receives positive marks from AM Best

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

article

Capital outstripping transactions in ILS

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

Wanted: smart and innovative brokers

The reinsurance market is in the midst of great change. Tens of millions in new capital is flooding into the market, says Tiger Risk. 22 October 2013

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