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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
ILS
While levels of convergence capital have been substantial and are proving a welcome addition for primary players, the flood of new capacity will not sound the death knell for traditional reinsurance. 22 October 2013
News
Alastair Speare-Cole, chief executive officer of JLT Re, says that the acquisition of Towers Watson’s reinsurance brokerage business would represent the fulfilment of one of the main objectives set for him by group CEO Dominic Burke when he joined JLT Re from Aon Benfield some 20 months ago. 22 October 2013
article
The implications of the German flood losses will be a big topic of discussion at Baden-Baden this year, with a particular focus on actual losses versus modelled losses. 21 October 2013
ILS
For all the talk about the influence of alternative capital on the market, many executives – on both sides of the fence – believe it is not relevant or appropriate to many parts of their operations and feel the market has become increasingly distracted by its influx at the expense of focusing on the core needs of the industry. 21 October 2013
article
Politicians across Europe should work together to better prepare and manage the aftermath of catastrophic losses stemming from flooding, believes Ludger Arnoldussen, member of the Board of Management at Munich Re. 21 October 2013
article
The recent re-domestication of several reinsurers to Switzerland will be beneficial to the European market says Philippe Regazzoni, chief executive of Amlin Re Europe. 21 October 2013
article
The potential upgrade of the Lloyd’s market to the double-A level would make it an even more attractive option for insurers which would otherwise not be able to achieve a rating of this level. 21 October 2013
News
David Sampson, president and CEO of PCIAA, opened this year’s conference with a promise to defend the property and casualty insurance industry against evolving regulatory risks. 21 October 2013
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