Underwriting
California Wildfires Damage 5 Calpine-Owned Power Plants
A California wildfire damaged five power plants at Calpine Corp.'s Geysers geothermal complex in Lake and Sonoma Counties. The so-called Valley Fire burned local power distribution lines, cooling ...
Where Can P/C Insurers Grow?
Property/casualty insurers on a mission to achieve strong growth over the next few years need to look beyond developed economies, a reinsurance broker advises in a new report. In the 10th edition of ...
Five Steps to Relevance
Insurers looking for strong insurance growth need to look beyond developed economies and they need to enter coverage areas for emerging risks like brand damage insurance, mortgage credit risks, and ...
Corporate ‘Giga’ Losses: An Avenue for P/C Premium Growth and Relevance
Opportunities for premium growth and for greater relevance are waiting to be tapped by insurers willing and able to cover corporate "giga losses" and take shares of U.S. mortgage credit risks, ...
Hanover CEO Eppinger is Leaving After 12 Years; Replacement Search Has Begun
The Hanover Insurance Group's longtime CEO is stepping down, and a search for his replacement at the Massachusetts property/casualty insurer has already begun. Frederick Eppinger plans to remain in ...
Reinsurers at Monaco Meeting Question Pricey M&A in Wake of Amlin Deal
Global reinsurance executives who met in Monaco questioned whether a frenzy of mergers in Europe means buyers of Lloyd's of London insurance companies are paying too much. Deal-making will continue ...
Swiss Re CFO Predicts Some Will View Outsider Reinsurance Takeovers as ‘Adventuresome’
Some takeovers in the reinsurance industry by investors from outside the sector may ultimately be viewed as "adventuresome," the chief financial officer of reinsurer Swiss Re said. The reinsurance ...
Underinsurance of Property Risks is Growing Globally: Swiss Re Report
The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that ...