Reinsurance
AIR Worldwide: Insurers Can Gain by Confronting Gap Between Insured and Economic Losses
While there's a significant global gap between disaster-related insured and economic losses, the dichotomy between both presents a growth opportunity for P/C carriers, AIR Worldwide concluded in a ...
Travelers CEO Fishman: U.S. Tax Rates Push Rivals to Bermuda and Elsewhere
Jay Fishman, who built New York-based Travelers Cos. into one of the world's biggest insurers, lamented that disparities in tax rates are pushing established rivals and industry newcomers outside the ...
California Wildfires Could Produce Record Insured Losses: Munich Re America
Two major Northern California wildfires destroyed more than 1,000 structures as of early morning on Sept. 16, and Munich Re America said the ongoing crisis could eventually cause historic levels of ...
P/C Insurance M&A Is Growing Rapidly With No Sign of Letting Up
Clyde & Co. and A.M. Best quell any remaining doubts about the return and acceleration of high-profile insurance/reinsurance M&A deals in two new reports. What's more, while transactions are ...
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 ...
Cyber, Tech, Longevity and Casualty Catastrophe Are Key Emerging Risks: Guy Carpenter
A new report from Guy Carpenter & Co. identifies cyber, technology, longevity and casualty catastrophe as key areas of emerging risk for the (re)insurance industry and discusses the importance of ...
Re Pricing Trough Nearer, Says JLT Re
Midyear reinsurance renewals are now leading indicators of Jan. 1 conditions, JLT Re said in a report released earlier this week, suggesting that a reinsurance pricing floor is not far away. "In a ...
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 ...