Reinsurance
KPMG: Driverless Cars Could Drastically Reduce U.S. Personal Auto Insurance Sector
The U.S. personal auto insurance sector could shrink by 60 percent within 25 years as autonomous vehicles catch on, vehicles become safer and both trends reduce the number of accidents, KPMG said in ...
UPDATED: Duperreault Reveals Cooperative Millennial Recruiting Effort at PCI Conference
For a while now, Hamilton Insurance Group CEO Brian Duperreault has called for property/casualty insurers to embrace technology and find ways to recruit millennials to help fully unlock its ...
Aon Benfield Adding Florida Re, Analytical Firepower as Demand Surges
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, is expanding reinsurance and analytical capabilities in the state of Florida, as the company gears up for rising ...
At Least 15 Dead in Strongest Aghan Quake in 60 Years
Afghanistan's strongest earthquake in more than six decades shook buildings across South Asia, prompting officials from Kabul to Islamabad to New Delhi to send out rescue teams to search for ...
Texas Hurricane Patricia Losses Could Be Billions; Mexico Spared
Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the U.S. billions due to floods after the storm spared the largest cities in Mexico. Flooding in Texas ...
Greenlight Re Posts Third Straight Quarterly Loss
Greenlight Capital Re Ltd. posted its third straight unprofitable quarter on losses in the investment portfolio overseen by hedge-fund manager David Einhorn. The net loss for the period ended Sept. ...
TransRe: Where Reinsurance Is Job 1
As a pure reinsurer, TransRe stands apart from hybrids that combine both primary insurance and reinsurance in their operating models. And that's a situation that CEO Michael Sapnar expects to ...
Reinsurance Execs Weigh In on Consolidation
Q: Consolidation. In your view, is M&A activity done in the reinsurance sector or is there more to come? What has been the impact of consolidation of insurers, reinsurers and brokers on the ...