More Insurers Disclosing Climate Change Risks, Report Shows October 20, 2016 By Don Jergler Insurers in the U.S. are increasingly willing to disclose their risk management practices related to climate change, and that in...
Chinese Firms Enter Private Health Insurance Market for Growth Opportunities September 8, 2016 Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity:...
Soft Prices May Bring Reinsurer Losses when Typical Cat Levels Return: Execs August 23, 2016 By Oliver Suess and Jan-Henrik Förster It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors...
Munich Re Q2 Profits Beat Expectations, Aid Claims and Restructuring Costs August 9, 2016 By Oliver Suess Munich Re, the world’s second-biggest reinsurer, reported second-quarter profit that beat analysts’ expectations as gains from currencies and investments cushioned...
Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report July 20, 2016 By L.S. Howard The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well...
Negative Interest Rates Described as ‘Dirt Sandwich’ for Insurers, Asset Managers July 14, 2016 By Katherine Chiglinsky Central bankers globally need to realize the risks that extreme monetary policies will backfire, according to Voya Financial Inc.’s Karyn...
Europe Insurers’ Stress Tests Could Lead to Higher Capital Requirements July 13, 2016 By Jan-Henrik Förster and Oliver Suess European insurers, whose profits are being eroded by Mario Draghi’s* quantitative easing program, face a stress test headache that risks...
Storms & Earthquakes Drive Up Insured Losses in 1H 2016: Munich Re July 13, 2016 Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the...
European Insurers Look to Hoarding Cash After Brexit Vote June 29, 2016 By Oliver Suess Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote...
Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best June 15, 2016 By L.S. Howard While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a...