The New Digital Normal and the Future of Work in Reinsurance October 6, 2020 By L.S. Howard It’s been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry’s successful...
Enstar Offers to Purchase Watford Holdings for $620 Million October 5, 2020 By L.S. Howard Enstar Group Ltd. has made a 100% cash offer to purchase Watford Holdings Ltd.for $31.00 per ordinary share, which amounts...
COVID-19 Crisis Renews Attention on Systemic (Uninsurable) Risks September 30, 2020 By L.S. Howard Reinsurers and insurers for years have been worried about systemic risks – those uninsurable risks with the potential of surpassing...
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap September 29, 2020 By L.S. Howard Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for...
Envelop Risk Paves the Way as Insurtech Reinsurance MGA September 29, 2020 By L.S. Howard Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that...
Reinsurance Experience in Africa, Asia Sets MGA Tempo Underwriting Apart September 29, 2020 By L.S. Howard Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on...
Finding Niches: Reinsurance MGAs Carving Out Special Market Slices September 29, 2020 By L.S. Howard Reinsurance managing general agents are a rare breed as opposed to their more prevalent insurance-focused counterparts. The successful reinsurance MGAs...
Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts September 28, 2020 By L.S. Howard Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies,...
Independent Brokers Will Remain Competitive by Adding Value to the Value Chain September 23, 2020 By L.S. Howard The COVID-19 crisis has highlighted the need for brokers to add value to the insurance transaction, according to Toby Esser,...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change September 23, 2020 By L.S. Howard Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...