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Q: The Pricing Environment.Recent rating agency reports contained the following observations about the reinsurance pricing environment: S&P: "Price competition for global property/casualty ...
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 ...
When measured in terms of acres burned rather that insured losses, 2015 could go down in the record books as the worst wildfire year, a meteorologist from Munich Re America said last week. Mark Bove, ...
Munich Re's U.S. arm sees growth potential in the private flood insurance market. The German reinsurer is launching a personal lines inland flood insurance product targeted at giving more options to ...
Now that the U.S. is finally emerging from the winter of 2014/2015, the economic and insurance costs are becoming clear. The numbers are substantial, but they're not as bad as the previous winter. ...
Reinsurance innovations at Hiscox Re don't necessarily come in the form of entirely new products, according to Mike Krefta, the chief underwriting officer. Rounding out offerings like RAP and ...
They may not be the new black, but references to adverse development covers and capital relief solutions and cropped up more than once in conversations with reinsurance market participants during the ...
More than 8 in 10 Americans now believe the climate is changing—although they place that concern beneath issues like global political instability, economic crisis or a pandemic, according to a new ...
The number of loss-relevant weather catastrophes worldwide has almost tripled since 1980, according to Munich Re's NatCatSERVICE database. The company said that finding ways to create broader ...
On Thursday, Munich Reinsurance America announced that Chief Financial Officer Steven Levy has been named president of the Reinsurance Division, effective October 1, 2014. Levy replaces Pina Albo, ...
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