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Reinsurance News

Typically, re/insurers choose to ‘bend or blend’ their risk modelling needs: GC’s Imelda Powers

23rd March 2018

Insurance and reinsurance industry catastrophe risk models constantly evolve and advance, but when adjustments are required, typically, companies must decide whether to “bend or blend,” according to reinsurance broker Guy Carpenter’s Global Chief Catastrophe Modeler, Imelda Powers. Speaking with Reinsurance News, Powers explained that many insurers and reinsurers utilise a mix ... Read the full article

Re/insurers with own view of risk less impacted by model changes: GC’s Imelda Powers

16th March 2018

Speaking with Reinsurance News, Imelda Powers, Global Chief Catastrophe Modeler at reinsurance broker Guy Carpenter, discussed the management of changes to models and the impact this can have on insurers and reinsurers, while underlining the importance of utilising the latest data and expertise within models to improve the industry's view ... Read the full article

Capital efficiency strategies drive alternative capital interest: GC Securities

30th January 2018

The collateralized reinsurance and retrocession markets continue to expand despite the impacts of 2017 catastrophe events, as capital management and capital efficiency strategies drive interest in insurance-linked securities' (ILS) mechanisms, according to GC securities, the capital markets and ILS arm of reinsurance broker Guy Carpenter. In a discussion with Reinsurance News around ... Read the full article

Fourth industrial revolution poised to transform re/insurance: Amit Tiwari, Xceedance

18th January 2018

The fourth industrial revolution (4IR) continues to gain traction, resulting in a wave of smart and connected technologies which look set to transform the global insurance and reinsurance industry, according to Amit Tiwari, Chief Technology Officer, Xceedance. In an interview with Reinsurance News, Tiwari discussed re/insurance operations in the era of ... Read the full article

One of our major competitors seems to be governments: Lloyd’s CEO Beale

5th December 2017

According to Lloyd's of London Chief Executive Inga Beal, the governments of both mature and emerging markets are increasingly competing with the insurance and reinsurance industry, as governments take the lions share of catastrophe losses. Speaking to Bloomberg in a recent interview, Beale said that the disaster load in 2017 highlights ... Read the full article

Very interesting year ahead after industry “wake up call” says Kurt Karl, Swiss Re

27th November 2017

The recent, devastating impacts of third-quarter catastrophe events and the California wildfires serve as a wake up call to the insurance and reinsurance industry, with 2018 expected to be a very interesting year for the marketplace, according to Swiss Re's Chief Economist, Kurt Karl. In an interview with Reinsurance News, Karl ... Read the full article

Data & knowledge is the re/insurance sector’s opportunity: SCOR’s Peignet

27th September 2017

During the annual meeting of the reinsurance industry in Monte-Carlo, Reinsurance News met with the Chief Executive Officer (CEO) of SCOR Global P&C, Victor Peignet, to discuss some burning industry topics. Regarding the potential but very uncertain impact of hurricane Irma, Peignet underlined how a fragmented market made it difficult to ... Read the full article

Closing the protection gap in Asia one of the biggest opportunities: Peak Re

15th September 2017

The Chief Executive Officer (CEO) of Hong Kong domiciled reinsurance company Peak Re, Franz Josef Hahn, believes bridging the protection gap in Asia is one of the re/insurance industry’s biggest opportunities. The global protection gap (disparity between economic and insured losses post-event) has been discussed in the risk transfer industry for ... Read the full article

Efficiently marrying capital to the customer is an intermediary model: Steve Hearn, Ed.

14th September 2017

Steve Hearn, the Group Chief Executive Officer (CEO) of reinsurance broker Ed., in an interview with Reinsurance News, recently discussed the role and relevance of the broker in a rapidly changing risk transfer industry. Speaking to Reinsurance News at the annual meeting of the reinsurance industry in Monte-Carlo, Hearn underlined disruption ... Read the full article

The Lloyd’s capital base can be relied upon post-event: Inga Beale, CEO

12th September 2017

We spoke with Inga Beale, Chief Executive of Lloyd's of London at the Monte-Carlo Reinsurance Rendezvous this week, to discuss the current events affecting the market as well as her views on a number of key market issues. We began by asking what the Lloyd's CEO thinks about the impacts of ... Read the full article

Tokio Millennium Re CEO discusses refined capital markets strategy & broader reinsurance market trends

5th May 2017

Stephan Ruoff, Chief Executive Officer (CEO) of Tokio Millennium Re (TMR), discussed the firm's main target markets and operating strategies in a recent interview with Reinsurance News. Ruoff highlighted the firm's commitment to income diversification through gaining momentum in two major areas, and also discussed the rise of InsurTech, the global political ... Read the full article

Technology and getting closer to the risk key for Munich Re: Doris Höpke

8th March 2017

Doris Höpke, Munich Re’s Management Board member responsible for Special and Financial Risks, discussed notable trends in the reinsurance space, as well as strategies for negotiating the fast-changing market, in a recent interview with Reinsurancene.ws. Höpke discussed the rise of insurtech, reinsurers increasingly moving closer to direct and primary sources of risk, ... Read the full article

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