While terrorism can be difficult to model, foiled plots will now be used to giver insurers a more accurate depiction of their risk.
Drought conditions can have impacts far beyond agricultural insurance, the results from an RMS-run stress test have found.
Allied World Assurance Company's shareholders have given their approval to the proposed takeover by the Prem Watsa-led Fairfax Financial.
Catastrophe exposures and soft pricing have seen German insurers make more use of reinsurance, according to AM Best.
RMS is set to become the first firm to model man-made earthquakes, caused as a result of waste water drilling activities in the central US.
As the threat of a cyber attack causing physical damage becomes more severe, RMS hopes to be able to keep insurers informed of their risk.
As ceded business increase, reinsurers in Europe have not seen a comparable rise in gross premiums written.
The reinsurance broker has partnered with a risk modeller KatRisk to offer flood modelling in Canada, a country where the peril is becoming an even greater threat.
The reinsurance broker has suggested reinsurers pay too little heed to thunderstorms relative to hurricanes.
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.
Interview: Inga Beale says Singapore is going to a big area of strategic growth for Lloyd’s insurer and reinsurer Canopius, as less business makes its way to the London market.