Latest Property-Catastrophe News
The private market is ready to take on more flood insurance, but is Washington listening?
This month's cover profile: AXIS's Albert Benchimol.
Possible acquisition of Willis Towers Watson won’t happen after all.
Profitability issues persist due to several key factors.
For years re/insurers in the Middle East and North Africa (MENA) region have been inadequately pricing catastrophe risk – and change in attitudes and pricing are not coming soon enough.
Reactions wants to know which individuals, companies and teams deserve to be recognised for their achievements at the Reactions 2019 London Market Awards.
£75m bond heralded as positive breakthrough for market as coverage expands for terror-related losses.
Mandatory insurance lines are a bright spot in the lacklustre re/insurance markets of the Middle East and North Africa.
Typhoon Jebi has emerged as the most damaging cat in 2018.
A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.
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.
In this month's Reactions