Reinsurance
CEO Debate: Is a ‘Bottoming’ Reinsurance Market a Rational One?
"Bottoming" was a popular description of the reinsurance market at midyear industry conferences, but there is less consensus around questions of whether this "near bottom" signals rational behavior ...
InsTech Startup Slice Partnering with Munich Re
Slice Labs Inc., the insurtech startup that disclosed $3.9 million of seed funding from XL Innovate and Horizon Ventures in March, announced Monday that Munich Re has signed on as a coverage partner. ...
Texas Hailstorms Brought Nearly $700M to Texas Homeowners: CoreLogic
According to new data released by CoreLogic on Monday, the 2016 hail season is already one of the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail ...
UPC Sponsors $100M Discount Cat Bond
On Thursday last week, Swiss Re Capital Markets announced that it successfully structured and placed the issuance of $100 million of insurance-linked securities by Laetere Re Ltd. on behalf of United ...
Fort McMurray Wildfires Are Canada’s Costliest Disaster Ever: IBC Report
Insured losses from the May wildfires in Fort McMurray, Alberta, are expected to total C$3.58 billion ($2.76 billion), making it the costliest-ever Canadian natural disaster, an insurance industry ...
Insurers, Banks See Red Flag in British Property Panic
The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign ...
Executives On The Move at QBE and Swiss Re
Swiss Re's Corporate Solutions arm named a new CEO for its China division. QBE North America hired a new executive who will help shape operations in the western United States. *** Swiss Re Corporate ...
Tesla CEO Elon Musk Defends Timing of Autopilot Fatality Disclosure
Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, defending its decision not to ...