Latest Property-Catastrophe News
A second year of above-average catastrophes led to severe net income loss.
The future belongs to reinsurers that understand what’s driving their clients, according to Moses Ojeisekhoba, chief executive officer for reinsurance at Swiss Re.
After decades spent building businesses, one might think Pat Ryan might consider slowing down. You’d be wrong. Reactions offers a look at the man whose skill in building P&C businesses is rivalled only by his sense of social responsibility.
This month's cover profile: Ryan Specialty Group founder/CEO Pat Ryan.
Capitalising on market cycles to improve client solutions.
Losses from last November's wildfires in California have risen by 25% since last reported.
The cost of natural perils in 2018 came with few surprises, but still broke records.
Zurich firm ballparks Property losses from extratropical tempest.
New take on the insured price tag of last year’s natural disasters.
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