Markets
China to Remain Centerpiece of Asia Expansion for Munich Re
Munich Re, the world's biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries such as India too unpredictable to step up investment. "Our biggest ...
Top 30 Homeowners Insurers for 2d Quarter: SNL Financial
Blackstone, GIC Buy Stake in Goldman’s European Insurer
Blackstone Group LP and GIC Pte, Singapore's sovereign wealth fund, agreed to buy a majority stake in Goldman Sachs Group Inc.'s European insurance business. Blackstone, the world's biggest ...
Reinsurers Get Down to Business in Baden-Baden; Willis Re Chairman Comments
"I don't think there have been any big changes between Monte Carlo and Baden-Baden," said James Vickers, chairman of Willis Re International. This isn't that surprising, given that the two ...
Hannover Re Sees Rate Hikes in Germany, Stable Rates Elsewhere
Hannover Re, the world's third- largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this year's flooding and hailstorms, which led to the most costly ...
Flooding and Flood Models Explained: Karen Clark Reviews the Basics
There are multiple types of flooding that can cause significant property damage and losses to insurance companies.. One is the flooding associated with storm surge from hurricanes. Hurricanes can ...
Munich Re Seeking Rate Hikes Due to Flood, Hailstorms in Germany
Munich Re, the world's biggest reinsurer, said rates in Germany need to rise following this year's floods and hailstorms. "It just took another 10 years to see another centennial flood in Germany," ...
Price Optimization: A Dangerous Method?
Last year, right around Halloween, I started noticing some odd goings on at the professional association for actuaries, the Casualty Actuarial Society (CAS). As a Fellow in the CAS, I was receiving ...