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Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011's annual market losses of $120 billion, according to Willis Re. However, the ...
Reinsurance placements at Jan. 1, 2019 highlight a pricing gap between accounts with peak peril exposures, or poor loss records, and the rest, with many reinsurers placing emphasis on the quality of ...
The issuance of non-life insurance-linked securities during the third quarter reached a record $1.6 billion, according to a report published by Willis Re. The total exceeds the former Q3 record of ...
Willis Re's proprietary PRISM-Re cyber modeling tool considers catastrophic as well as attritional losses to portfolios of risk. It employs a two-part framework for analysis of cyber threats. The ...
Any momentum for property catastrophe reinsurance rate hikes in place earlier this year has largely dissipated during the June/July renewals, and some pricing has even dipped, Willis Re said in its ...
Traditional insurers and reinsurers played a big part in fueling InsurTech startup investment momentum in 2017. By doing so, they tamed potential rivals, turning them into a source of technology to ...
Willis Re beefed up its cyber risk portfolio modeling tool to include a new, key feature. A deal Munich Re forged with another company enables its insurance carrier clients to obtain drone ...
The estimated $136 billion in catastrophe loss estimates for 2017 is one for the record books. But resulting, widespread reinsurance price hikes in 2018 aren't likely, Willis Re said in a new report. ...
Cyber risks continue to morph and grow rapidly around the world, spurring ever-increasing demand for insurance that addresses the risks at hand. Some broker experts who follow the sector see ...
With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it's no wonder that the elusive bottom of soft market pricing was not evident at April 1 ...
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