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The reinsurance industry must rediscover its core skill of assessing, managing and transferring risks instead of being preoccupied with the continuing influx of capital into the market. 20 October 2013
Re/insurance
Although the European market generally enjoys fewer big losses in comparison with the US, the recent flood losses in Germany and Central Europe represent a stark reminder that big losses do occur and can hit the market’s insurers hard. 20 October 2013
ILS
With cat bond issuance set to surpass 2012’s record of $6.4 billion and Fitch estimating that it could reach $7.2 billion by year’s end, 2013 is set to be a bumper year for ILS with the fourth quarter still to come. 17 October 2013
News
Four new syndicates were approved to write business at Lloyd’s in 2013, with two existing syndicates looking to increase capacity and a further three new entrants agreed in principle for 2014. 17 October 2013
ILS
Bermuda’s reinsurers are at the vanguard of third party capital opportunities, says Henry Kingham. 16 October 2013
ILS
The industry is on the cusp of profound change, with the rise of the reinsurance manager part of this substantial evolution. Rick Miller and Michael Popkin explore the new landscape. 16 October 2013
Re/insurance
A three-year $63 tax on health insurance plan enrolees will not stimulate reinsurance buying, but it will create a war chest for insurers and a “ready source of funds to smooth out the impact of high cost claims” associated with Obamacare. 16 October 2013
article
Hiscox expands its Bermuda casualty team with the addition of Nicholas Pascall as senior vice president and Sharmini Samuels as assistant vice president. 16 October 2013
article
In a highly competitive field, Aon Benfield continues to set itself apart from the competition as a technically adept and informed partner and advisor to clients, as data and analysis play an ever-increasing role in the broker-client relationship. 15 October 2013
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