convergence capital News
A.M. Best’s View of the Industry: One-on-One With Rating Officer Matt Mosher
"Capital itself is not the problem. It's like guns. It's what you do with the capital that's the problem." The surprising analogy came from Matthew Mosher, senior vice president of rating services ...
1990s Soft Market Redux? Not Quite, But Global Re Outlook Negative, Says Moody’s
In June, Moody's Investors Service changed its outlook on the global reinsurance sector to negative from stable, noting that the current soft market has traits similar to the one that persisted in ...
When Risks Start Adding Up: Spotting Potential Accumulations in Risks Yet to Emerge
When executives of property/casualty insurance carriers assess emerging risks—those already visible as well as those sitting just beneath the surface—the ones that are most worrisome have the ...
Buffett Warning Unheeded as Cat Bonds Surge
Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks. Demand for notes linked to insurance against hurricanes and other ...
Market Pressures Require Reinsurer Response
The reinsurance industry is facing considerable headwinds in the current competitive market environment, with conditions unlikely to improve in the near term. Reinsurers, for their part, have not ...
A Conversation with Fermat Capital’s John Seo: The Evolution of Cat Bonds
John Seo, a pioneer in the catastrophe bond space, uses advanced technical models to assess the risk that investors will take on through portfolios of insurance-linked securities. But even simple ...
Pension Fund Stake in Reinsurance Could Soar to $900B, New JLT Re Exec Flandro Says
JLT Towers Re announced the appointment of David Flandro, a former Guy Carpenter executive, as Global Head of Strategic Advisory on Tuesday—days after he gave a talk on the value of buying ...
Cat Bond Yields Attract Inexperienced Buyers, Warns Swiss Re CFO
Swiss Re Ltd.'s new chief financial officer, David Cole, said high yields for insurance-linked securities such as catastrophe bonds may lure inexperienced buyers not guarded for the risks they carry. ...