Reinsurance Brokers, Underwriters, Property, Casualty, Life

News

Hong Kong's PICC P&C predicts net profit jump up to 60%

PICC P&C renews ceding arrangement with PICC Re amid positive outlook for region's reinsurers

Axis expects nat cat losses of $140m in Q4 2019

Typhoon Hagibis the main contributor to losses

Australia bushfire insured losses edge A$1.5bn

General insurers promise to pass on savings from a bushfire clean-up plan

Scor digitalises internal finance function with Accenture

Automation has reduced the reinsurer's administrative burden

Chubb signals lower Q4 catastrophe losses

The re/insurer expects catastrophe losses for Q4 2019 to be 30% lower year on year

Middle East tensions force re/insurers to raise prices

Period of 'disorder and unrest' will push insurers to exit certain lines, says lawyer

RenRe taps capital markets to extend Beazley's cyber cat cover

The partnership follows an increase in the scale of the cyber threat

IAG blows perils budget as bushfires keep devouring Australia

P&C insurers receive nearly 6,000 claims, figures expected to climb significantly

Climate change "an important factor" in reinsurance renewals

Guy Carpenter and Willis Re discuss modelling issues in price negotiations

Reinsurance renewals shaped by price more than capacity

Guy Carpenter says shifting views of risk have been crucial in changing market sentiment

Analysis

China's coronavirus outbreak could hit insurers severely

Insurance experts talk to Ronan McCaughey about the mortality, operational and economic losses the deadly virus poses for the re/insurance industry

Making scenario planning meaningful, effective and manageable

An expert panel at InsuranceERM's Regulation & Risk Management conference on 3 December in London shared their advice on stress and scenario planning, an activity that has become increasingly important for risk teams as they play a greater role in business strategy

The devil in the IFRS 17 detail of reinsurance indexation clauses

The wording used in reinsurance contracts could lead to a bumpy transition from IFRS 4 to IFRS 17. Vasilka Bangeova explains how one contract clause - indexation - might trip re/insurers up

US casualty reserves: courting disaster?

Rising claims and shrinking reserves in the US casualty business have led to speculation about an impending crisis. Could it really get that bad? Sarfraz Thind investigates

Insurance ERM Americas: The risk trends keeping US CROs awake at night

US re/insurance chief risk officers reveal the risks that most concern them, changing risk tolerances in the industry and strategies for dealing with emerging threats. Ronan McCaughey reports from InsuranceERM's New York conference

IFRS 17: what insurers dislike from the final consultation

The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports