ORIGINAL PUBLICATION HERE Insurers and reinsurers in the Commonwealth of Independent States (CIS) are struggling to remain profitable in the face of significant geopolitical instability and regulatory changes, according to a report by A.M. Best. The rating agency noted that, whilst the overall economy for the CIS improved in 2018 compared to prior years, challenges […]

ORIGINAL PUBLICATION HERE The catastrophe bond market’s merit was underscored by the way it continued to operate effectively despite recent volatility stimulated by catastrophe losses, but after the losses it is expected that investors will want to see cat bond rates harden, according to Swiss Re. The global reinsurance firm has published its latest review […]

ORIGINAL PUBLICATION HERE For all the talk of a capacity crunch in retrocessional reinsurance markets, resulting in a renewal that is seen to be in disarray and set to be very late, we’re told that some major UNL retrocession programs have hit the market offering relatively flat pricing and terms in recent days. At the […]

ORIGINAL PUBLICATION HERE. На русском ЗДЕСЬ Disasters and the associated economic shocks are a significant threat to human life and personal wellbeing. While the costs have always been significant, disasters are increasingly more expensive.  Between 2005-2014, the Eastern Europe and Central Asia region alone faced 314 disasters, resulting in more than 60,000 people killed, 11 million people […]

ORIGINAL PUBLICATION HERE Chair of the London Market Group (LMG) and Head of Great Britain at Willis Towers Watson, Nicolas Aubert, says London insurers and reinsurers should focus on the opportunities presented by Brexit and feels the London market can thrive in emerging parts of the world, in an interview with the Boston Consulting Group […]

ORIGINAL PUBLICATION HERE. Русский перевод здесь. The longevity of Belarus’ president, Aleksander Lukashenko, owes as much to the structure of the country’s economy as it does to his sharp and often criticised leadership skills, which have resulted in a narrowing of the political space and the suppression of opposition. Much of his legitimacy rests on […]

ORIGINAL FREE PUBLICATION HERE Insurance lobbying groups on both sides of the Atlantic have reiterated their support for the sector’s full inclusion within the TTIP trade deal. The American Insurance Association, Insurance Europe, and the American Council of Life Insurers have reiterated their support for the full inclusion of insurance and other financial services in […]

ORIGINAL PUBLICATION HERE Eight Lloyd’s of London syndicates are teaming up to provide their specialist underwriting skills and $400 million of natural catastrophe insurance and reinsurance capacity to help developing economies build resilience to disaster, climate or weather risks. The eight Lloyd’s syndicates aim to develop new solutions to combat underinsurance, help to fill the […]

ORIGINAL PUBLICATION HERE The Turkish Catastrophe Insurance Pool (TCIP) has completed a $100 million cat bond aimed at providing protection against earthquakes in Istanbul. This is the second time that TCIP has utilised the capital markets to obtain earthquake protection on a parametric basis. TCIP, managed by Eureko Sigorta, first accessed the cat bond market […]