Reinsurance Brokers, Underwriters, Property, Casualty, Life

News

UK life firms must be able to re-accept ceded risk, PRA warns

Life firms have highly capitalised longevity risk relative to credit risk, the UK regulator says

Local ceding skyrockets in Russia as foreign commercial sanctions bite

Numerous nations stopped reinsuring Russian assets when Vladimir Putin attacked Ukraine

Peak Re issues $150m Japan typhoon ILS in Hong Kong

Reinsurer doubled initial issuance volume amid demand

UK live events reinsurance scheme delivers over £100m of cover

The initiative was launched so eligible live events could obtain Covid-19 insurance cover

Discount rates a major factor for IFRS 17 PAA eligibility in reinsurance

Reinsurance contracts with longer coverage periods are not automatically eligible for PAA

Scor to end coverage for new oil field projects by 2023

However, climate activists slam Scor's restrictions for failing to cover gas

Government trade insurance schemes cost Coface €160m in 2021

Cost was €103m in Q4 alone, SFCR shows

Ex-Hiscox chief Bronek Masojada flags four top reinsurance trends

Re/insurers should be change-makers rather than wave-surfers

Ways insurers can deal with longer-lasting inflation

Gallagher Re sets out steps insurers can take to mitigate their exposure to inflation risks

Australian floods dominate Talanx's Q1 losses

Claims from European storms and Australian floods shatter Q1 large-loss budget

NAIC gives states until September to adopt reciprocal reinsurance laws

Ten US states still to adopt covered agreement for collateral relief

Australian reinsurance pool slammed as "dysfunctional policy response"

The A$10bn pool in the north of the country is due to go live in July

Analysis

Insurers happy with UK's Solvency II plans, but capital savings remain uncertain

The government has grabbed positive headlines with its proposals to reform Solvency II, but the industry is cautious about the how they will pan out. Cintia Cheong reports

Ukrainian insurance market "on the verge of a huge crisis"

Leaders from Ukraine's Insurance Business Association and European Insurance Alliance tell Cintia Cheong how the country's insurers are coping with the operational and financial impacts of the war

Reinsurance helps unlock the C-Ross puzzle

As risk-based capital regimes such as China's C-Ross are implemented in Asia, insurers will be looking at options for capital management including reinsurance, as Hugo Choi explains to David Walker

Legacy life books: targeted approaches to de-risking and optimisation

In the second of two articles, Luca Tres reviews how a targeted risk transfer strategy can help life insurers better manage their legacy books - and looks to the future of legacy life de-risking

Legacy life books: a proactive approach

In the first of two articles, Luca Tres discusses the strategies available to life insurers facing the challenges of high capital intensity and low profitability in their life legacy business

InsuranceERM's top stories of the year

Christopher Cundy, Ronan McCaughey, Sarfraz Thind and Paul Walsh reveal the most-read stories that ran in 2021 and discuss why they will remain relevant in 2022