Swiss Re (SSREF) 82.0000 $SSREF
Reinsurance in Mexico, Key Trends and Opportunities to 2018
M2 - Wed Aug 27, 4:00AM CDT
Research and Markets (http://www.researchandmarkets.com/research/9jc438/reinsurance_in) has announced the addition of the "Reinsurance in Mexico, Key Trends and Opportunities to 2018" report to their offering. As the second-largest country in Latin America, the Mexican insurance industry has significant reinsurance opportunities, especially for foreign reinsurers. Mexico has the largest property and casualty reinsurance category in the region, the key drivers of which are Mexico's exposure to natural disasters, favorable risk retention regulations, large-scale government and corporate risk, and a lack of limits on inter-group cessions. Scope - It provides historical values for Mexico's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in Mexico's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Mexico and its growth prospects. Key Highlights - The segment's gross written premium increased at a review-period CAGR of 10.4%. - Mexican insurance companies are permitted to carry out reinsurance activities in the lines of business for which they are licensed by the Ministry of the Treasury and Public Credit (Secretar?a de Hacienda y Cr?dito P?blico) (SHCP). - The facultative reinsurance category dominated the segment and accounted for 72.1% of gross written premiums generated in 2013, while the treaty reinsurance category accounted for 27.9%. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Mexican Insurance Industry Attractiveness - Insurance Industry Size, 2009-2018 - Reinsurance Growth Dynamics and Challenges 4 Key Insurance Industry Trends and Drivers - Key Trends - Life Insurance Growth Drivers - Non-Life Insurance Growth Drivers - Personal Accident and Health Insurance Growth Drivers 5 Competitive Landscape and Strategic Insights - Mexico Istmo Reinsurance Company, SA de CV - Company Overview - Reaseguradora Patria S.A.B - Company Overview - RGA Mexico - Company Overview - Swiss Re Ltd - Company Overview 6 Business Environment and Country Risk - Business Confidence - Economic Performance - Infrastructure - Labor Force - Demographics 7 Appendix For more information visit http://www.researchandmarkets.com/research/9j...surance_in
Swiss Re Corporate Solutions names Kuno Linder as Country Manager Germany
PR Newswire Europe - Mon Aug 25, 4:36AM CDT
Swiss Re Corporate Solutions names Kuno Linder as Country Manager Germany. Mr. Linder will be based in Munich and be in charge of the company's interests in the German commercial insurance market.
Swiss Re Corporate Solutions Names Robley Moor as Head of Casualty North America; Daniel Vetter Becomes Global Head of Casualty
PR Newswire - Thu Aug 14, 8:00AM CDT
Swiss Re Corporate Solutions names Robley Moor as Head of Casualty North America. With this appointment, Mr. Moor becomes Managing Director. He succeeds Daniel Vetter, who is promoted to global Head of Casualty, in the Products & Global Markets unit of Corporate Solutions. Mr. Moor and Mr. Vetter will be based in New York City. Both appointments take effect immediately.
Reinsurance in France - Key Trends and Opportunities to 2018
M2 - Thu Aug 14, 6:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3cfcg8/reinsurance_in) has announced the addition of the "Reinsurance in France, Key Trends and Opportunities to 2018" report to their offering. France has a large and well-developed domestic reinsurance segment with the presence of both domestic and foreign reinsurers, advanced reinsurance tools and alternative capital products such as insurance linked securities (ILS). A high frequency of natural disasters adversely affected the French insurance industry during the review period (2009-2013). Avalanches, lightening storms and Tsunami warnings were reported in France during 2013. In 1982, the government established a catastrophic insurance program: Catastrophes Naturelles (CatNat). This is a mandatory program that covers major losses caused by natural disasters in the country. Scope - It provides historical values for France's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in France's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in France and its growth prospects. Key Topics Covered: 1 Executive Summary 2 Introduction 3 French Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned - Scor Reinsurance - Munich Re - Swiss Re - Hannover Re - Lloyd's France - RGA France - PartnerRe SA - Odyssey Reinsurance Company For more information visit http://www.researchandmarkets.com/research/3c...surance_in
Reinsurance in South Africa - Key Trends and Opportunities to 2018
M2 - Mon Aug 11, 10:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/kxqcrc/reinsurance_in) has announced the addition of the "Reinsurance in South Africa, Key Trends and Opportunities to 2018" report to their offering. The South African reinsurance segment grew steadily during the review period (2009-2013) despite the adverse impact of the global economic crisis, at a review-period CAGR of 6.9%. The segment was led by the treaty reinsurance category and performed a well-documented role in managing liquidity and capital of insurance companies. Scope - It provides historical values for South Africa's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in South Africa's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in South Africa and its growth prospects. Key Highlights - The insurance industry's robust review-period growth and the frequent occurrence of natural disasters, which forced insurers to share larger proportions of risk, drove growth in the South African reinsurance segment during the review period at a CAGR of 6.9%. - The South African reinsurance segment is concentrated, with the six leading companies accounting for a segmental share of 88.1% in gross written premium terms in 2012 - Treaty reinsurance led the reinsurance segment in 2013, representing 55.1% of written premium, while facultative reinsurance accounted for 44.9%. Key Topics Covered: 1 Executive Summary 2 Introduction 3 South African Republic Insurance Industry Attractiveness 4 Key Industry Trends and Drivers 5 Competitive Landscape and Strategic Insights 6 Business Environment and Country Risk 7 Appendix Companies Mentioned - Munich Re - Hannover Re - Hannover Life Re - General Re - African Re - Swiss Re Life - RGA Re - Scor Africa - Flagstone Re - Saxum Re For more information visit http://www.researchandmarkets.com/research/kx...surance_in
Reinsurance in Brazil, Key Trends and Opportunities to 2018
M2 - Fri Aug 08, 3:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ctjdng/reinsurance_in) has announced the addition of the "Reinsurance in Brazil, Key Trends and Opportunities to 2018" report to their offering. Brazil's reinsurance segment is the largest in Latin America. As of 2014, 106 reinsurers operated in the segment. It is mandatory for insurers to cede at least 40% of reinsurance premium to local reinsurers; however, they cannot cede over 20% of their premium to foreign reinsurance affiliates. The country's oil exploration activities are an important business driver for the reinsurance segment. Reasons To Buy - Make strategic business decisions using in depth historic and forecast market data related to the Brazilian reinsurance segment and each sector within it - Understand the demand-side dynamics, key market trends and growth opportunities within the Brazilian reinsurance segment - Identify the growth opportunities and market dynamics within key product categories - Gain insights into key regulations governing the Brazilian insurance industry and its impact on companies and the market's future Key Highlights - Brazil's reinsurance segment is the largest in Latin America. - As of 2014, 106 reinsurers operated in the segment. - In 2008, the country's reinsurance segment was opened to domestic and foreign reinsurers, putting an end to the monopoly of the state-owned reinsurer, IRB Brasil Resseguros SA (IRB). - The Brazilian reinsurance segment is concentrated, with the leading 10 companies accounting for 71.4% share of the total gross written premiums in 2013. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Brazilian Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned: - IRB Brasil Resseguros SA - Lloyd's Reinsurance - Munich Re do Brasil Resseguradora SA - Zurich Resseguradora Brasil SA - Allianz Global Corporate & Specialty Resseguros Brasil SA - Austral Resseguradora SA - Mapfre Re do Brasil Companhia de Resseguros - Ace Resseguradora SA - J Malucelli Resseguradora SA - Swiss Re Brasil Resseguros SA For more information visit http://www.researchandmarkets.com/research/ct...surance_in
Reinsurance in the UK, Key Trends and Opportunities to 2018
M2 - Wed Jul 23, 8:18AM CDT
Research and Markets (http://www.researchandmarkets.com/research/lrv47g/reinsurance_in) has announced the addition of the "Reinsurance in the UK, Key Trends and Opportunities to 2018" report to their offering. The UK reinsurance segment grew at a review-period (2009-2013) compound annual growth rate (CAGR) of 0.7%. The treaty reinsurance category accounted for 55.0% of the total reinsurance written premium in 2013, followed by the facultative reinsurance category with the remaining 45.0%. Growth in the segment was mainly due to the changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims, as more insurers are expected to take up reinsurance to cover claims. Growth was supported by the reinsurance ceded for large infrastructure projects and natural disaster protection. The segment's written premium value is subsequently projected to post a forecast-period (2013-2018) CAGR of 1.1%. Scope - It provides historical values for the UK's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in the UK's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the UK and its growth prospects. Key Highlights - The UK's reinsurance segment grew at a review-period CAGR of 0.7%. - The country's insurance industry is the largest in Europe and the third-largest in the world, accounting 6.3% of the global gross written premium in 2012. - Growth in the reinsurance segment was mainly due to changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims. - The UK reinsurance segment is one of the most developed and fastest-recovering segments in Europe. Companies Mentioned - Allianz Global Reinsurance - Hannover Re Group - Lloyd's - Munich Reinsurance Co. (Munich Re) - Partner Reinsurance Ltd - SCOR Global Life Reinsurance UK Ltd - Swiss Reinsurance Company UK Ltd (Swiss Re) For more information visit http://www.researchandmarkets.com/research/lr...surance_in
A.M. BestTV: Urban Tornadoes; First Quarter Profits; Change at FM Global
Business Wire - Fri Jul 18, 11:18AM CDT
In this episode of A.M.BestTV, Megan Linkin of Swiss Reinsurance Company Limited (Swiss Re) assesses the potential impact of a major tornado striking Chicago, IL. Additionally, a new report from A.M. Best summarizes first-quarter 2014 profits in light of severe winter weather, and in this same episode, Shivan Subramaniam, FM Global Group's president and CEO, prepares to step aside. Linkin, Swiss Re's National Hazards Expert, stated, "If an EF-5 tornado should hit Downtown Chicago, it would cost the insurance industry $10-$20 billion the equivalent of the area being hit by a major hurricane, and although the insurance industry would be able to absorb the cost, the loss potential is staggering." Linkin also encourages not only the industry, but state and local governments in tornado-prone areas, to prepare for the possibility of an EF-5 tornado striking their area.
A.M. BestTV: Global Regulators Update Capital Plan; Life Sales Sag
Business Wire - Fri Jul 11, 2:02PM CDT
In this episode of A.M.BestTV, the International Association of Insurance Supervisors (IAIS) draws criticism after seeking an August 2014 deadline for comment on their updated capital requirements plan. Kurt Karl, chief economist of Swiss Reinsurance Company Limited (Swiss Re), details the state of world insurance growth. InsurBanc's President and CEO, David Tralka, outlines the coming wave of Baby Boomer led agency sales.
Birlasoft and Swiss Re Win 18th Annual Outsourcing Excellence Awards
PR Newswire - Tue Jun 17, 4:24AM CDT
Winner of 'Best Communication' category for creating best-in-class customer engagement
Jacques Aigrain Joins Warburg Pincus As Senior Advisor
PR Newswire Europe - Mon Mar 17, 3:01AM CDT
Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Jacques Aigrain as a Senior Advisor. Mr. Aigrain, who will be based in the firm's London office, will support the firm in the identification and evaluation of new investments, particularly in the European financial services sector, and provide strategic counsel across the firm's global portfolio.
A.M. BestTV: View from Washington; Winter Wave Proves Costly to Insurers
Business Wire - Fri Mar 14, 10:40AM CDT
In this episode of A.M. BestTV, a pair of Swiss Re executives discuss the 2014 winter storms, which began with the polar vortex disruption, that have caused steep insured losses. William Donnell, president of U.S. property/casualty at Swiss Re, discusses the types of losses the industry has seen past obvious property damage, including business interruption from travel disruptions. Greg Schiffer, chief property underwriter in North America at Swiss Re, said the losses have been exacerbated by broadened reinsurance terms and conditions. Historically, most winter storms were confined to events lasting 72 hours on excess of loss contracts. However, some agreements were changed at this year's January renewals to push the "hours clause" to an unlimited number of hours. Additionally, David Robinson, a professor in the Department of Geography at Rutgers University and who also serves as New Jersey's State Climatologist, discusses how the polar vortex disruption causes cold outbreaks in the United States. Click on http://www.ambest.com/v.asp?v=winter314 to view the program.
Market Research - Reinsurance in Denmark, Key Trends and Opportunities to 2017
M2 - Thu Mar 13, 4:54AM CDT
Research and Markets (http://www.researchandmarkets.com/research/m9d3ng/reinsurance_in) has announced the addition of the "Reinsurance in Denmark, Key Trends and Opportunities to 2017" report to their offering. The Danish reinsurance segment is small, and insurers operating in Denmark cede a low percentage of their premium to reinsurers. The percentage of reinsurance ceded varies between 0.5% and 5.7%, depending on the segment. The occurrence of natural disasters increased the insurer's dependence on reinsurers during the review period. The segment registered a compound annual growth rate (CAGR) of 16.9% during the review period (2008-2012). This report provides a comprehensive analysis of the reinsurance segment in Denmark: - It provides historical values for Denmark's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period. - It offers a detailed analysis of the key sub-segments in Denmark's reinsurance segment, along with market forecasts until 2017. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Denmark and its growth prospects. Key Highlights: - During the review period, the premium ceded to reinsurance by Danish direct insurers increased in the personal accident and health insurance segment - The reinsurance segment's written premium increased at a CAGR of 16.9% during the review period - The reinsurance segment was led by facultative reinsurance during the review period, which accounted for 62.7% of the segment's written premium in 2012 - The Danish reinsurance segment contains both domestic and foreign reinsurers Key Topics Covered: Executive Summary Introduction Danish Insurance Industry Attractiveness Key Industry Trends and Drivers Competitive Landscape and Strategic Insights Business Environment and Country Risk Appendix Companies Mentioned - Aspen Re - Arch Re - Swiss Re Denmark Reinsurance A/S For more information visit http://www.researchandmarkets.com/research/m9...surance_in About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
A.M. BestTV: The Week Ahead; Longer Lifespans May Bring a Heavy Cost
Business Wire - Mon Mar 10, 9:38AM CDT
In this episode of A.M. BestTV, insurance industry executives discuss how longevity risk presents an opportunity to the insurance industry if it's able to handle all the risk. George Graziani, a senior vice president at Swiss Re, called the amount of longevity risk "epic" as the average life expectancy increases. Longevity risk is the financial risk that an individual or a group or individuals will outlive their savings, and the U.S. Department of Health and Human Services estimates that the percentage of Americans 65 and older will rise to 19% of the total U.S. population in 2030, from 13% in 2009. Graziani said the insurance industry is the logical home for the risk, because the life insurance industry can help offset the risk. Asha Attoh-Okine, managing senior financial analyst of insurance-linked securities at A.M. Best Co., said that to some extent, the capital markets would likely need to come into play, predominantly through longevity bonds. Click on http://www.ambest.com/v.asp?v=longevity314 to view the program.
Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017
M2 - Wed Mar 05, 2:13AM CST
Research and Markets (http://www.researchandmarkets.com/research/b263pb/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017" report to their offering. Luxembourg has one of the most comprehensive healthcare systems in the world. It offers virtually unrestricted access to its population. Luxembourg is also ranked amongst the leading ten countries in the world, in terms of per capita healthcare expenditure. Government-funded free basic healthcare is provided to every citizen. The total health spending, as a percentage of GDP (gross domestic product), was about 7.8% in 2012. The Caisse Nationale de Sant? (National Health Fund) collects funds for the 97.0% of the population that, as of 2012, was covered by public health insurance in 2012. However, private health insurance services act as a supplement to state health insurance. Private insurance is mainly for medical expenses outside Luxembourg, as well as dental and optical care, which are not covered by the state health insurance. Pressure on government finances and increasing awareness of health insurance due to rising life expectancy will continue to support the demand for personal accident and health insurance products over the forecast period (2012-2017). The report provides in-depth market analysis, information and insights into the Luxembourg personal accident and health insurance segment, including Key Highlights - The healthcare system in Luxembourg is one of the most developed in Europe. Compulsory government-funded free basic healthcare is provided to citizens. - Around 97.0% of the population was covered by the public health insurance in 2012. - Health insurance was the dominant category in the personal accident and health segment during the review period, accounting for 61.9% of the total written premium value in 2012 - The share of the commission earned by brokers increased steadily from 66.6% in 2008 to 67.5% in 2012. - In Luxembourg, the personal accident and health segment is highly concentrated, with the 10 leading companies representing 98.1% of the segment's gross written premium in 2012. Key Topics Covered: Executive Summary Introduction Personal Accident and Health Insurance Segment Outlook Analysis by Distribution Channels Reinsurance Growth Dynamics and Challenges Governance, Risk and Compliance Competitive Landscape and Strategic Insights Business Environment and Country Risk Appendix List of Tables List of Figures Companies Mentioned - AIG Europe Ltd - Arisa Assurances - Axa Assurances Luxembourg - DKV Luxembourg - Foyer Assurances - Foyer Sant? - Globality - La Luxembourgeoise - P&V Assurances - Swiss Re International For more information visit http://www.researchandmarkets.com/research/b2...l_accident About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017 Report
M2 - Tue Mar 04, 5:44AM CST
Research and Markets (http://www.researchandmarkets.com/research/t2n763/nonlife) has announced the addition of the "Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017" report to their offering. Luxembourg is amongst the world's most developed economies, and has the highest domestic per capita income. The global financial and eurozone debt crises affected the country's financial sector during the review period. In 2009, a decline of 4.1% at current prices was recorded in GDP, but the economy recovered to expand by 2.9% in 2010 and 1.7% in 2011. Marred by troubles in other eurozone economies, GDP growth moderated to 0.3% in 2012 and a stable housing and automobile industry supported growth in the non-life segment. The segment posted a compound annual growth rate (CAGR) of 2.3% during the review period. The segment is highly competitive, with 42 operational insurers - 31 domestic and 11 foreign - as of 2012. The Commissariat aux Assurances (CA) is the regulator of Luxembourg's insurance industry. The report provides in-depth market analysis, information and insights into the Luxembourg non-life insurance segment, including: - The Luxembourg non-life insurance segment's growth prospects by non-life insurance categories - Key trends and drivers for the non-life insurance segment - The various distribution channels in the Luxembourg non-life insurance segment - The detailed competitive landscape in the non-life insurance segment in Luxembourg - Detailed regulatory policies of the Luxembourg insurance industry - A description of the non-life reinsurance segment in Luxembourg - Porter's Five Forces analysis of the non-life insurance segment This report provides a comprehensive analysis of the non-life insurance segment in Luxembourg: - It provides historical values for Luxembourg's non-life insurance segment for the report's 2008-2012 review period and projected figures for the 2012-2017 forecast period. - It offers a detailed analysis of the key categiories in Luxembourg's non-life insurance segment, along with market forecasts until 2017. - It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions. - It analyses the various distribution channels for non-life insurance products in Luxembourg. - Using Porter's industry-standard Five Forces analysis, it details the competitive landscape in Luxembourg for the non-life insurance segment. - It provides a detailed analysis of the reinsurance segment in Luxembourg and its growth prospects. - It profiles the top non-life insurance companies in Luxembourg and outlines the key regulations affecting them. Companies Mentioned - Arisa Assurances - Axa Assurances Luxembourg - Baloise Assurances Luxembourg - Camca Assurance - Foyer Assurances - La Luxembourgeoise - Swiss Re International - Telefonica Insurance - The Ship-Owners Mutual Protection and Indemnity Association - The West of England Ship-Owners Mutual Insurance Association For more information visit http://www.researchandmarkets.com/research/t2n763/nonlife About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Best's Rating Notification - Continental General Insurance Company
Rating Division - AMBest - Fri Feb 21, 2:35PM CST
A.M. Best Company has made the following rating update:
A.M. Best Affirms Ratings of Swiss Reinsurance Company Ltd and Its European Affiliates
Business Wire - Fri Jan 31, 9:30AM CST
A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of Swiss Reinsurance Company Ltd (Switzerland), European Reinsurance Company of Zurich Ltd (Switzerland), Swiss Re Europe S.A. (Luxembourg), Swiss Re International SE (Luxembourg) and Swiss Re Corporate Solutions Ltd (Switzerland). At the same time, A.M. Best has affirmed the related debt ratings of Swiss Reinsurance Company Ltd and subsidiaries. (See link below for a detailed list of debt ratings). The outlook for all ratings is stable.
A.M. Best Affirms Ratings of Swiss Reinsurance Company Ltd and Swiss Re Corporate Solutions Ltd's U.S. Subsidiaries
Business Wire - Fri Jan 31, 9:30AM CST
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of the U.S. property/casualty subsidiaries of Swiss Reinsurance Company Ltd (Swiss Re) and Swiss Re Corporate Solutions Ltd (Swiss Re Corp) (both domiciled in Switzerland). A.M. Best also has affirmed the FSR of A+ (Superior) and ICR of "aa-" of Swiss Re's U.S. life/health subsidiary, Swiss Re Life & Health America Inc. (SRLHA) (Armonk, NY). The outlook for all ratings is stable. (Please see link below for a detailed listing of the companies and ratings.)
Reinsurance in Mexico, Key Trends and Opportunities to 2018
M2 - Wed Aug 27, 4:00AM CDT
Research and Markets (http://www.researchandmarkets.com/research/9jc438/reinsurance_in) has announced the addition of the "Reinsurance in Mexico, Key Trends and Opportunities to 2018" report to their offering. As the second-largest country in Latin America, the Mexican insurance industry has significant reinsurance opportunities, especially for foreign reinsurers. Mexico has the largest property and casualty reinsurance category in the region, the key drivers of which are Mexico's exposure to natural disasters, favorable risk retention regulations, large-scale government and corporate risk, and a lack of limits on inter-group cessions. Scope - It provides historical values for Mexico's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in Mexico's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Mexico and its growth prospects. Key Highlights - The segment's gross written premium increased at a review-period CAGR of 10.4%. - Mexican insurance companies are permitted to carry out reinsurance activities in the lines of business for which they are licensed by the Ministry of the Treasury and Public Credit (Secretar?a de Hacienda y Cr?dito P?blico) (SHCP). - The facultative reinsurance category dominated the segment and accounted for 72.1% of gross written premiums generated in 2013, while the treaty reinsurance category accounted for 27.9%. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Mexican Insurance Industry Attractiveness - Insurance Industry Size, 2009-2018 - Reinsurance Growth Dynamics and Challenges 4 Key Insurance Industry Trends and Drivers - Key Trends - Life Insurance Growth Drivers - Non-Life Insurance Growth Drivers - Personal Accident and Health Insurance Growth Drivers 5 Competitive Landscape and Strategic Insights - Mexico Istmo Reinsurance Company, SA de CV - Company Overview - Reaseguradora Patria S.A.B - Company Overview - RGA Mexico - Company Overview - Swiss Re Ltd - Company Overview 6 Business Environment and Country Risk - Business Confidence - Economic Performance - Infrastructure - Labor Force - Demographics 7 Appendix For more information visit http://www.researchandmarkets.com/research/9j...surance_in
Swiss Re Corporate Solutions names Kuno Linder as Country Manager Germany
PR Newswire Europe - Mon Aug 25, 4:36AM CDT
Swiss Re Corporate Solutions names Kuno Linder as Country Manager Germany. Mr. Linder will be based in Munich and be in charge of the company's interests in the German commercial insurance market.
Swiss Re Corporate Solutions Names Robley Moor as Head of Casualty North America; Daniel Vetter Becomes Global Head of Casualty
PR Newswire - Thu Aug 14, 8:00AM CDT
Swiss Re Corporate Solutions names Robley Moor as Head of Casualty North America. With this appointment, Mr. Moor becomes Managing Director. He succeeds Daniel Vetter, who is promoted to global Head of Casualty, in the Products & Global Markets unit of Corporate Solutions. Mr. Moor and Mr. Vetter will be based in New York City. Both appointments take effect immediately.
Reinsurance in France - Key Trends and Opportunities to 2018
M2 - Thu Aug 14, 6:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3cfcg8/reinsurance_in) has announced the addition of the "Reinsurance in France, Key Trends and Opportunities to 2018" report to their offering. France has a large and well-developed domestic reinsurance segment with the presence of both domestic and foreign reinsurers, advanced reinsurance tools and alternative capital products such as insurance linked securities (ILS). A high frequency of natural disasters adversely affected the French insurance industry during the review period (2009-2013). Avalanches, lightening storms and Tsunami warnings were reported in France during 2013. In 1982, the government established a catastrophic insurance program: Catastrophes Naturelles (CatNat). This is a mandatory program that covers major losses caused by natural disasters in the country. Scope - It provides historical values for France's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in France's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in France and its growth prospects. Key Topics Covered: 1 Executive Summary 2 Introduction 3 French Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned - Scor Reinsurance - Munich Re - Swiss Re - Hannover Re - Lloyd's France - RGA France - PartnerRe SA - Odyssey Reinsurance Company For more information visit http://www.researchandmarkets.com/research/3c...surance_in
Reinsurance in South Africa - Key Trends and Opportunities to 2018
M2 - Mon Aug 11, 10:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/kxqcrc/reinsurance_in) has announced the addition of the "Reinsurance in South Africa, Key Trends and Opportunities to 2018" report to their offering. The South African reinsurance segment grew steadily during the review period (2009-2013) despite the adverse impact of the global economic crisis, at a review-period CAGR of 6.9%. The segment was led by the treaty reinsurance category and performed a well-documented role in managing liquidity and capital of insurance companies. Scope - It provides historical values for South Africa's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in South Africa's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in South Africa and its growth prospects. Key Highlights - The insurance industry's robust review-period growth and the frequent occurrence of natural disasters, which forced insurers to share larger proportions of risk, drove growth in the South African reinsurance segment during the review period at a CAGR of 6.9%. - The South African reinsurance segment is concentrated, with the six leading companies accounting for a segmental share of 88.1% in gross written premium terms in 2012 - Treaty reinsurance led the reinsurance segment in 2013, representing 55.1% of written premium, while facultative reinsurance accounted for 44.9%. Key Topics Covered: 1 Executive Summary 2 Introduction 3 South African Republic Insurance Industry Attractiveness 4 Key Industry Trends and Drivers 5 Competitive Landscape and Strategic Insights 6 Business Environment and Country Risk 7 Appendix Companies Mentioned - Munich Re - Hannover Re - Hannover Life Re - General Re - African Re - Swiss Re Life - RGA Re - Scor Africa - Flagstone Re - Saxum Re For more information visit http://www.researchandmarkets.com/research/kx...surance_in
Reinsurance in Brazil, Key Trends and Opportunities to 2018
M2 - Fri Aug 08, 3:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ctjdng/reinsurance_in) has announced the addition of the "Reinsurance in Brazil, Key Trends and Opportunities to 2018" report to their offering. Brazil's reinsurance segment is the largest in Latin America. As of 2014, 106 reinsurers operated in the segment. It is mandatory for insurers to cede at least 40% of reinsurance premium to local reinsurers; however, they cannot cede over 20% of their premium to foreign reinsurance affiliates. The country's oil exploration activities are an important business driver for the reinsurance segment. Reasons To Buy - Make strategic business decisions using in depth historic and forecast market data related to the Brazilian reinsurance segment and each sector within it - Understand the demand-side dynamics, key market trends and growth opportunities within the Brazilian reinsurance segment - Identify the growth opportunities and market dynamics within key product categories - Gain insights into key regulations governing the Brazilian insurance industry and its impact on companies and the market's future Key Highlights - Brazil's reinsurance segment is the largest in Latin America. - As of 2014, 106 reinsurers operated in the segment. - In 2008, the country's reinsurance segment was opened to domestic and foreign reinsurers, putting an end to the monopoly of the state-owned reinsurer, IRB Brasil Resseguros SA (IRB). - The Brazilian reinsurance segment is concentrated, with the leading 10 companies accounting for 71.4% share of the total gross written premiums in 2013. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Brazilian Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned: - IRB Brasil Resseguros SA - Lloyd's Reinsurance - Munich Re do Brasil Resseguradora SA - Zurich Resseguradora Brasil SA - Allianz Global Corporate & Specialty Resseguros Brasil SA - Austral Resseguradora SA - Mapfre Re do Brasil Companhia de Resseguros - Ace Resseguradora SA - J Malucelli Resseguradora SA - Swiss Re Brasil Resseguros SA For more information visit http://www.researchandmarkets.com/research/ct...surance_in
Reinsurance in the UK, Key Trends and Opportunities to 2018
M2 - Wed Jul 23, 8:18AM CDT
Research and Markets (http://www.researchandmarkets.com/research/lrv47g/reinsurance_in) has announced the addition of the "Reinsurance in the UK, Key Trends and Opportunities to 2018" report to their offering. The UK reinsurance segment grew at a review-period (2009-2013) compound annual growth rate (CAGR) of 0.7%. The treaty reinsurance category accounted for 55.0% of the total reinsurance written premium in 2013, followed by the facultative reinsurance category with the remaining 45.0%. Growth in the segment was mainly due to the changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims, as more insurers are expected to take up reinsurance to cover claims. Growth was supported by the reinsurance ceded for large infrastructure projects and natural disaster protection. The segment's written premium value is subsequently projected to post a forecast-period (2013-2018) CAGR of 1.1%. Scope - It provides historical values for the UK's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in the UK's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the UK and its growth prospects. Key Highlights - The UK's reinsurance segment grew at a review-period CAGR of 0.7%. - The country's insurance industry is the largest in Europe and the third-largest in the world, accounting 6.3% of the global gross written premium in 2012. - Growth in the reinsurance segment was mainly due to changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims. - The UK reinsurance segment is one of the most developed and fastest-recovering segments in Europe. Companies Mentioned - Allianz Global Reinsurance - Hannover Re Group - Lloyd's - Munich Reinsurance Co. (Munich Re) - Partner Reinsurance Ltd - SCOR Global Life Reinsurance UK Ltd - Swiss Reinsurance Company UK Ltd (Swiss Re) For more information visit http://www.researchandmarkets.com/research/lr...surance_in
A.M. BestTV: Urban Tornadoes; First Quarter Profits; Change at FM Global
Business Wire - Fri Jul 18, 11:18AM CDT
In this episode of A.M.BestTV, Megan Linkin of Swiss Reinsurance Company Limited (Swiss Re) assesses the potential impact of a major tornado striking Chicago, IL. Additionally, a new report from A.M. Best summarizes first-quarter 2014 profits in light of severe winter weather, and in this same episode, Shivan Subramaniam, FM Global Group's president and CEO, prepares to step aside. Linkin, Swiss Re's National Hazards Expert, stated, "If an EF-5 tornado should hit Downtown Chicago, it would cost the insurance industry $10-$20 billion the equivalent of the area being hit by a major hurricane, and although the insurance industry would be able to absorb the cost, the loss potential is staggering." Linkin also encourages not only the industry, but state and local governments in tornado-prone areas, to prepare for the possibility of an EF-5 tornado striking their area.
A.M. BestTV: Global Regulators Update Capital Plan; Life Sales Sag
Business Wire - Fri Jul 11, 2:02PM CDT
In this episode of A.M.BestTV, the International Association of Insurance Supervisors (IAIS) draws criticism after seeking an August 2014 deadline for comment on their updated capital requirements plan. Kurt Karl, chief economist of Swiss Reinsurance Company Limited (Swiss Re), details the state of world insurance growth. InsurBanc's President and CEO, David Tralka, outlines the coming wave of Baby Boomer led agency sales.
Birlasoft and Swiss Re Win 18th Annual Outsourcing Excellence Awards
PR Newswire - Tue Jun 17, 4:24AM CDT
Winner of 'Best Communication' category for creating best-in-class customer engagement
Jacques Aigrain Joins Warburg Pincus As Senior Advisor
PR Newswire Europe - Mon Mar 17, 3:01AM CDT
Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Jacques Aigrain as a Senior Advisor. Mr. Aigrain, who will be based in the firm's London office, will support the firm in the identification and evaluation of new investments, particularly in the European financial services sector, and provide strategic counsel across the firm's global portfolio.
A.M. BestTV: View from Washington; Winter Wave Proves Costly to Insurers
Business Wire - Fri Mar 14, 10:40AM CDT
In this episode of A.M. BestTV, a pair of Swiss Re executives discuss the 2014 winter storms, which began with the polar vortex disruption, that have caused steep insured losses. William Donnell, president of U.S. property/casualty at Swiss Re, discusses the types of losses the industry has seen past obvious property damage, including business interruption from travel disruptions. Greg Schiffer, chief property underwriter in North America at Swiss Re, said the losses have been exacerbated by broadened reinsurance terms and conditions. Historically, most winter storms were confined to events lasting 72 hours on excess of loss contracts. However, some agreements were changed at this year's January renewals to push the "hours clause" to an unlimited number of hours. Additionally, David Robinson, a professor in the Department of Geography at Rutgers University and who also serves as New Jersey's State Climatologist, discusses how the polar vortex disruption causes cold outbreaks in the United States. Click on http://www.ambest.com/v.asp?v=winter314 to view the program.
Market Research - Reinsurance in Denmark, Key Trends and Opportunities to 2017
M2 - Thu Mar 13, 4:54AM CDT
Research and Markets (http://www.researchandmarkets.com/research/m9d3ng/reinsurance_in) has announced the addition of the "Reinsurance in Denmark, Key Trends and Opportunities to 2017" report to their offering. The Danish reinsurance segment is small, and insurers operating in Denmark cede a low percentage of their premium to reinsurers. The percentage of reinsurance ceded varies between 0.5% and 5.7%, depending on the segment. The occurrence of natural disasters increased the insurer's dependence on reinsurers during the review period. The segment registered a compound annual growth rate (CAGR) of 16.9% during the review period (2008-2012). This report provides a comprehensive analysis of the reinsurance segment in Denmark: - It provides historical values for Denmark's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period. - It offers a detailed analysis of the key sub-segments in Denmark's reinsurance segment, along with market forecasts until 2017. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Denmark and its growth prospects. Key Highlights: - During the review period, the premium ceded to reinsurance by Danish direct insurers increased in the personal accident and health insurance segment - The reinsurance segment's written premium increased at a CAGR of 16.9% during the review period - The reinsurance segment was led by facultative reinsurance during the review period, which accounted for 62.7% of the segment's written premium in 2012 - The Danish reinsurance segment contains both domestic and foreign reinsurers Key Topics Covered: Executive Summary Introduction Danish Insurance Industry Attractiveness Key Industry Trends and Drivers Competitive Landscape and Strategic Insights Business Environment and Country Risk Appendix Companies Mentioned - Aspen Re - Arch Re - Swiss Re Denmark Reinsurance A/S For more information visit http://www.researchandmarkets.com/research/m9...surance_in About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
A.M. BestTV: The Week Ahead; Longer Lifespans May Bring a Heavy Cost
Business Wire - Mon Mar 10, 9:38AM CDT
In this episode of A.M. BestTV, insurance industry executives discuss how longevity risk presents an opportunity to the insurance industry if it's able to handle all the risk. George Graziani, a senior vice president at Swiss Re, called the amount of longevity risk "epic" as the average life expectancy increases. Longevity risk is the financial risk that an individual or a group or individuals will outlive their savings, and the U.S. Department of Health and Human Services estimates that the percentage of Americans 65 and older will rise to 19% of the total U.S. population in 2030, from 13% in 2009. Graziani said the insurance industry is the logical home for the risk, because the life insurance industry can help offset the risk. Asha Attoh-Okine, managing senior financial analyst of insurance-linked securities at A.M. Best Co., said that to some extent, the capital markets would likely need to come into play, predominantly through longevity bonds. Click on http://www.ambest.com/v.asp?v=longevity314 to view the program.
Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017
M2 - Wed Mar 05, 2:13AM CST
Research and Markets (http://www.researchandmarkets.com/research/b263pb/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017" report to their offering. Luxembourg has one of the most comprehensive healthcare systems in the world. It offers virtually unrestricted access to its population. Luxembourg is also ranked amongst the leading ten countries in the world, in terms of per capita healthcare expenditure. Government-funded free basic healthcare is provided to every citizen. The total health spending, as a percentage of GDP (gross domestic product), was about 7.8% in 2012. The Caisse Nationale de Sant? (National Health Fund) collects funds for the 97.0% of the population that, as of 2012, was covered by public health insurance in 2012. However, private health insurance services act as a supplement to state health insurance. Private insurance is mainly for medical expenses outside Luxembourg, as well as dental and optical care, which are not covered by the state health insurance. Pressure on government finances and increasing awareness of health insurance due to rising life expectancy will continue to support the demand for personal accident and health insurance products over the forecast period (2012-2017). The report provides in-depth market analysis, information and insights into the Luxembourg personal accident and health insurance segment, including Key Highlights - The healthcare system in Luxembourg is one of the most developed in Europe. Compulsory government-funded free basic healthcare is provided to citizens. - Around 97.0% of the population was covered by the public health insurance in 2012. - Health insurance was the dominant category in the personal accident and health segment during the review period, accounting for 61.9% of the total written premium value in 2012 - The share of the commission earned by brokers increased steadily from 66.6% in 2008 to 67.5% in 2012. - In Luxembourg, the personal accident and health segment is highly concentrated, with the 10 leading companies representing 98.1% of the segment's gross written premium in 2012. Key Topics Covered: Executive Summary Introduction Personal Accident and Health Insurance Segment Outlook Analysis by Distribution Channels Reinsurance Growth Dynamics and Challenges Governance, Risk and Compliance Competitive Landscape and Strategic Insights Business Environment and Country Risk Appendix List of Tables List of Figures Companies Mentioned - AIG Europe Ltd - Arisa Assurances - Axa Assurances Luxembourg - DKV Luxembourg - Foyer Assurances - Foyer Sant? - Globality - La Luxembourgeoise - P&V Assurances - Swiss Re International For more information visit http://www.researchandmarkets.com/research/b2...l_accident About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017 Report
M2 - Tue Mar 04, 5:44AM CST
Research and Markets (http://www.researchandmarkets.com/research/t2n763/nonlife) has announced the addition of the "Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017" report to their offering. Luxembourg is amongst the world's most developed economies, and has the highest domestic per capita income. The global financial and eurozone debt crises affected the country's financial sector during the review period. In 2009, a decline of 4.1% at current prices was recorded in GDP, but the economy recovered to expand by 2.9% in 2010 and 1.7% in 2011. Marred by troubles in other eurozone economies, GDP growth moderated to 0.3% in 2012 and a stable housing and automobile industry supported growth in the non-life segment. The segment posted a compound annual growth rate (CAGR) of 2.3% during the review period. The segment is highly competitive, with 42 operational insurers - 31 domestic and 11 foreign - as of 2012. The Commissariat aux Assurances (CA) is the regulator of Luxembourg's insurance industry. The report provides in-depth market analysis, information and insights into the Luxembourg non-life insurance segment, including: - The Luxembourg non-life insurance segment's growth prospects by non-life insurance categories - Key trends and drivers for the non-life insurance segment - The various distribution channels in the Luxembourg non-life insurance segment - The detailed competitive landscape in the non-life insurance segment in Luxembourg - Detailed regulatory policies of the Luxembourg insurance industry - A description of the non-life reinsurance segment in Luxembourg - Porter's Five Forces analysis of the non-life insurance segment This report provides a comprehensive analysis of the non-life insurance segment in Luxembourg: - It provides historical values for Luxembourg's non-life insurance segment for the report's 2008-2012 review period and projected figures for the 2012-2017 forecast period. - It offers a detailed analysis of the key categiories in Luxembourg's non-life insurance segment, along with market forecasts until 2017. - It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions. - It analyses the various distribution channels for non-life insurance products in Luxembourg. - Using Porter's industry-standard Five Forces analysis, it details the competitive landscape in Luxembourg for the non-life insurance segment. - It provides a detailed analysis of the reinsurance segment in Luxembourg and its growth prospects. - It profiles the top non-life insurance companies in Luxembourg and outlines the key regulations affecting them. Companies Mentioned - Arisa Assurances - Axa Assurances Luxembourg - Baloise Assurances Luxembourg - Camca Assurance - Foyer Assurances - La Luxembourgeoise - Swiss Re International - Telefonica Insurance - The Ship-Owners Mutual Protection and Indemnity Association - The West of England Ship-Owners Mutual Insurance Association For more information visit http://www.researchandmarkets.com/research/t2n763/nonlife About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Best's Rating Notification - Continental General Insurance Company
Rating Division - AMBest - Fri Feb 21, 2:35PM CST
A.M. Best Company has made the following rating update:
A.M. Best Affirms Ratings of Swiss Reinsurance Company Ltd and Its European Affiliates
Business Wire - Fri Jan 31, 9:30AM CST
A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of Swiss Reinsurance Company Ltd (Switzerland), European Reinsurance Company of Zurich Ltd (Switzerland), Swiss Re Europe S.A. (Luxembourg), Swiss Re International SE (Luxembourg) and Swiss Re Corporate Solutions Ltd (Switzerland). At the same time, A.M. Best has affirmed the related debt ratings of Swiss Reinsurance Company Ltd and subsidiaries. (See link below for a detailed list of debt ratings). The outlook for all ratings is stable.
A.M. Best Affirms Ratings of Swiss Reinsurance Company Ltd and Swiss Re Corporate Solutions Ltd's U.S. Subsidiaries
Business Wire - Fri Jan 31, 9:30AM CST
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of the U.S. property/casualty subsidiaries of Swiss Reinsurance Company Ltd (Swiss Re) and Swiss Re Corporate Solutions Ltd (Swiss Re Corp) (both domiciled in Switzerland). A.M. Best also has affirmed the FSR of A+ (Superior) and ICR of "aa-" of Swiss Re's U.S. life/health subsidiary, Swiss Re Life & Health America Inc. (SRLHA) (Armonk, NY). The outlook for all ratings is stable. (Please see link below for a detailed listing of the companies and ratings.)
