Swiss Re (SSREF) 86.0600 $SSREF
Non-Life Insurance in Luxembourg 2015 - Key Trends and Opportunities to 2018
M2 - Tue Aug 18, 6:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gc44qr/nonlife) has announced the addition of the "Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2018" report to their offering. The 'Non-Life Insurance in the Luxembourg, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Luxembourg non-life insurance segment. It provides values of a number of Key Performance Indicators (KPI) such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country. Key Highlights - Despite difficult economic conditions, the non-life gross written premium recorded a review-period CAGR of 8.7%. - Property insurance was the fastest-growing category, registering a review-period CAGR of 15.7%. - A new category of insurance professional, the PSA was introduced in July 2013, following the success of financial sector professionals (PSFs). - Following pressure from the US and European countries to curb tax evasion in Luxembourg, in October 2014, the government agreed to end its secrecy rules from 2017 to bring more transparency into the banking system. - This is projected to result in a decrease of foreign capital invested in the country, restricting the financial services sector's overall growth. - The non-life segment is largely focused on traditional modes of distribution such as brokers and agencies. Key Topics Covered: 1 Key Facts and Events 2 Executive Summary 3 Introduction 4 Luxembourg Insurance Industry Attractiveness 5 Non-Life Insurance Outlook 6 Analysis by Distribution Channel 7 Governance, Risk and Compliance 8 Competitive Landscape and Strategic Insights 9 Appendix Companies Mentioned - Swiss Re International SE - Foyer Assurances SA - La Luxembourgeoise SA - The Shipowners Mutual Protection and Indemnity Association - Camca Assurance SA - The West of England Shipowners Mutual Insurance Association (Luxembourg) - Axa Assurances Luxembourg SA - Arisa Assurances - Globality SA - B?loise Assurancess Luxembourg SA For more information visit http://www.researchandmarkets.com/research/gc44qr/nonlife
Personal Accident and Health Insurance in Luxembourg 2015 - Key Trends and Opportunities to 2018
M2 - Tue Aug 18, 6:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/d7jkk9/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2018" report to their offering. The 'Personal Accident and Health Insurance in the Luxembourg, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Luxembourg personal accident and health insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country. Key Highlights - Luxembourg's personal accident and health insurance segment remained resilient to the economic difficulties and recorded robust review-period CAGR of 20.5%. - Luxembourg's economy is heavily reliant on the financial sector, which contributed 36% of GDP in 2013. - Solvency II, the upcoming EU directives for regulating insurance companies, will be implemented in January 2016, and the Commissioner of Insurance is in the process of monitoring insurers' preparations for its implementation. - Insurers offer customized health insurance to serve large expatriate population. - Luxembourg's insurers are strengthening their distribution channels networks. - The leading distribution channels for the personal accident and health segment in Luxembourg are brokers and agencies. Key Topics Covered: 1 Key Facts and Events 2 Executive Summary 3 Introduction 4 Luxembourg Insurance Industry Attractiveness 5 Personal Accident and Health Insurance Segment Outlook 6 Analysis by Distribution Channel 7 Governance, Risk and Compliance 8 Competitive Landscape and Strategic Insights 9 Appendix Companies Mentioned - Globality - DKV Luxembourg - Foyer Sant? - La Luxembourgeoise - Foyer Assurances - Axa Assurances Luxembourg - Swiss Re International - AIG Europe Limited - Arisa Assurances - P&V Assurances For more information visit http://www.researchandmarkets.com/research/d7...l_accident
Fitch Upgrades Swiss Re to IFS 'AA-'; Outlook Stable
Business Wire - Tue Jul 21, 5:12PM CDT
Fitch Ratings has upgraded Swiss Reinsurance Company Limited's (Swiss Re) Insurer Financial Strength (IFS) rating to 'AA-' from 'A+' and affirmed its Long-term Issuer Default Rating (IDR) at 'A+'. These actions also apply to the ratings of core operating subsidiaries. The Outlooks are Stable. Fitch has simultaneously affirmed Swiss Re's senior and subordinated notes. A full rating breakdown is available at the end of this commentary.
Everest appoints Dane Lopes as head of US Sales and Distribution insurance operations
M2 - Wed Jul 15, 6:33AM CDT
Everest Re Group Ltd (NYSE:RE) revealed on Tuesday that Dane Lopes will join with immediate effect as its head of insurance operations' sales and distribution in the US.
RE: 177.25 (+1.03)
Dane Lopes Joins Everest as Head of Sales and Distribution for Its U.S. Insurance Operations
Business Wire - Tue Jul 14, 1:10PM CDT
Everest Re Group, Ltd. (NYSE:RE) announced today that Dane Lopes joins the Company as Head of Sales and Distribution for its U.S. Insurance Operations.
RE: 177.25 (+1.03)
Swiss Re to Offer New Digital Platform for Insurers to Sell Protection Products Online
PR Newswire Europe - Tue Jul 14, 3:57AM CDT
ZURICH, July 14, 2015 /PRNewswire/ --
Swiss Re Corporate Solutions names Natasha Wally as Country Manager South Africa
PR Newswire Europe - Mon Jul 13, 3:00AM CDT
Swiss Re Corporate Solutions names Natasha Wally as Country Manager South Africa. She will head up the company's wholly owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty. Ltd.
Swiss Re Corporate Solutions opens office in Madrid
PR Newswire Europe - Mon Jul 06, 6:01AM CDT
Swiss Re Corporate Solutions opens an office in Madrid, Spain, to reinforce its presence in the Iberian Peninsula. It will offer the company's range of products and customized services via a locally based team.
Stable But Low Property Catastrophe Reinsurance Pricing To Persist: KBW
Steve Evans - Seeking Alpha - Thu Jun 25, 12:49PM CDT
In line with recent commentary from fellow re/insurance market analysts', Keefe, Bruyette & Woods (KBW) has advised that the stabilization of property & catastrophe reinsurance rates will persist in 2015, despite any losses that...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
FINEOS Hosts "A New Vision for Income Protection"
Business Wire - Thu Jun 25, 6:35AM CDT
--Representatives from across the industry attend the conference in London
Lack Of Issuance Seen As Potential Reinvestment Risk In ILS
Steve Evans - at Seeking Alpha - Tue Jun 23, 12:06PM CDT
The pace of issuance of new catastrophe bonds and insurance-linked securities (ILS) continues to be seen as a risk to some asset and fund managers, who see the reinsurance asset class as an attractive complement to their portfolios but worry about...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Berkshire Hathaway Invests In IAG, Gets Quota Share Reinsurance Deal
Steve Evans - at Seeking Alpha - Wed Jun 17, 12:27PM CDT
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ) has signaled its appetite for Australian and Asian expansion with the signing of a 10 year partnership deal with Australian insurer IAG, involving an equity stake and a 20% quota share reinsurance...
TPRE: 14.09 (+0.02), BRK.B: 131.37 (+0.71), BRK.A: 198,329.00 (+690.00), GLRE: 24.41 (+0.11)
Reinsurance Capital Glut To Ultimately Weigh On P&C Stocks: A.M. Best
Steve Evans - Seeking Alpha - Tue Jun 16, 2:53PM CDT
The current excess or glut of reinsurance capital, which continues to build while global loss experience remains benign, is expected to ultimately weigh on property and casualty (P&C) insurance share prices, according to rating agency A.M. Best. ...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
CHELSEA APPS FACTORY APPOINTS KAREN NORTH FROM IBM
M2 - Fri Jun 12, 7:04AM CDT
Chelsea Apps Factory, one of the UK's fastest growing tech firms and experts in business mobilisation, today announced the appointment of Karen North as Business Development Partner. Karen is now responsible for driving new business for Chelsea Apps Factory, working with the existing sales team.
IBM: 147.37 (+1.17)
Alternative Capital Helps Re/Insurance Stay Relevant To Society: McGavick
Steve Evans - at Seeking Alpha - Thu Jun 11, 12:47PM CDT
As an industry, the property & casualty (P&C) insurance and reinsurance sector's relevance to society has declined in recent years, but by utilising the growing capacity of the capital markets this can change, according to XL Catlin CEO, Mike...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
$135bn Reinsurance Overcapacity A Significant Driver Of Softening: RBC
Steve Evans - at Seeking Alpha - Thu Jun 11, 12:28PM CDT
The level of overcapacity in the global reinsurance sector is a significant driver of the softening market, and RBC Capital Markets estimates that by the end of 2014 reinsurance was home to roughly $135 billion of surplus capacity. In a recent...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Light Catastrophe Year Best Scenario For European Reinsurers: RBC
Steve Evans - Seeking Alpha - Tue Jun 09, 12:50PM CDT
As the 2015 Atlantic hurricane and tropical storm season gets underway, analysts at RBC Capital Markets claim that a continuation of benign catastrophe losses would be the best-case scenario for European reinsurance market players. In its latest...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Swiss Re Corporate Solutions strengthens leadership team in North America
PR Newswire - Tue Jun 02, 8:00AM CDT
Swiss Re Corporate Solutions strengthens its North American leadership team with the addition of two senior executives, both based in Santa Ana, CA. Jennifer Knox joins the North America regional sales team as Senior Vice President and Sales Leader of the West Region. Michael Kwan joins the Casualty North America leadership team as Senior Vice President and Head of Excess and Surplus (E&S) Casualty.
Reinsurance Prices To Stabilize, But At Structurally Lower Levels: Goldman Sachs
Steve Evans - Seeking Alpha - Thu May 28, 3:26PM CDT
Analysts from Goldman Sachs believe that reinsurance pricing could stabilize by the end of 2016, but warn that this could be at a structurally lower level from where they may not rise much again, even after future losses. There is an increasing...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Non-Life Insurance in Luxembourg 2015 - Key Trends and Opportunities to 2018
M2 - Tue Aug 18, 6:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gc44qr/nonlife) has announced the addition of the "Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2018" report to their offering. The 'Non-Life Insurance in the Luxembourg, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Luxembourg non-life insurance segment. It provides values of a number of Key Performance Indicators (KPI) such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country. Key Highlights - Despite difficult economic conditions, the non-life gross written premium recorded a review-period CAGR of 8.7%. - Property insurance was the fastest-growing category, registering a review-period CAGR of 15.7%. - A new category of insurance professional, the PSA was introduced in July 2013, following the success of financial sector professionals (PSFs). - Following pressure from the US and European countries to curb tax evasion in Luxembourg, in October 2014, the government agreed to end its secrecy rules from 2017 to bring more transparency into the banking system. - This is projected to result in a decrease of foreign capital invested in the country, restricting the financial services sector's overall growth. - The non-life segment is largely focused on traditional modes of distribution such as brokers and agencies. Key Topics Covered: 1 Key Facts and Events 2 Executive Summary 3 Introduction 4 Luxembourg Insurance Industry Attractiveness 5 Non-Life Insurance Outlook 6 Analysis by Distribution Channel 7 Governance, Risk and Compliance 8 Competitive Landscape and Strategic Insights 9 Appendix Companies Mentioned - Swiss Re International SE - Foyer Assurances SA - La Luxembourgeoise SA - The Shipowners Mutual Protection and Indemnity Association - Camca Assurance SA - The West of England Shipowners Mutual Insurance Association (Luxembourg) - Axa Assurances Luxembourg SA - Arisa Assurances - Globality SA - B?loise Assurancess Luxembourg SA For more information visit http://www.researchandmarkets.com/research/gc44qr/nonlife
Personal Accident and Health Insurance in Luxembourg 2015 - Key Trends and Opportunities to 2018
M2 - Tue Aug 18, 6:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/d7jkk9/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2018" report to their offering. The 'Personal Accident and Health Insurance in the Luxembourg, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Luxembourg personal accident and health insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country. Key Highlights - Luxembourg's personal accident and health insurance segment remained resilient to the economic difficulties and recorded robust review-period CAGR of 20.5%. - Luxembourg's economy is heavily reliant on the financial sector, which contributed 36% of GDP in 2013. - Solvency II, the upcoming EU directives for regulating insurance companies, will be implemented in January 2016, and the Commissioner of Insurance is in the process of monitoring insurers' preparations for its implementation. - Insurers offer customized health insurance to serve large expatriate population. - Luxembourg's insurers are strengthening their distribution channels networks. - The leading distribution channels for the personal accident and health segment in Luxembourg are brokers and agencies. Key Topics Covered: 1 Key Facts and Events 2 Executive Summary 3 Introduction 4 Luxembourg Insurance Industry Attractiveness 5 Personal Accident and Health Insurance Segment Outlook 6 Analysis by Distribution Channel 7 Governance, Risk and Compliance 8 Competitive Landscape and Strategic Insights 9 Appendix Companies Mentioned - Globality - DKV Luxembourg - Foyer Sant? - La Luxembourgeoise - Foyer Assurances - Axa Assurances Luxembourg - Swiss Re International - AIG Europe Limited - Arisa Assurances - P&V Assurances For more information visit http://www.researchandmarkets.com/research/d7...l_accident
Fitch Upgrades Swiss Re to IFS 'AA-'; Outlook Stable
Business Wire - Tue Jul 21, 5:12PM CDT
Fitch Ratings has upgraded Swiss Reinsurance Company Limited's (Swiss Re) Insurer Financial Strength (IFS) rating to 'AA-' from 'A+' and affirmed its Long-term Issuer Default Rating (IDR) at 'A+'. These actions also apply to the ratings of core operating subsidiaries. The Outlooks are Stable. Fitch has simultaneously affirmed Swiss Re's senior and subordinated notes. A full rating breakdown is available at the end of this commentary.
Everest appoints Dane Lopes as head of US Sales and Distribution insurance operations
M2 - Wed Jul 15, 6:33AM CDT
Everest Re Group Ltd (NYSE:RE) revealed on Tuesday that Dane Lopes will join with immediate effect as its head of insurance operations' sales and distribution in the US.
RE: 177.25 (+1.03)
Dane Lopes Joins Everest as Head of Sales and Distribution for Its U.S. Insurance Operations
Business Wire - Tue Jul 14, 1:10PM CDT
Everest Re Group, Ltd. (NYSE:RE) announced today that Dane Lopes joins the Company as Head of Sales and Distribution for its U.S. Insurance Operations.
RE: 177.25 (+1.03)
Swiss Re to Offer New Digital Platform for Insurers to Sell Protection Products Online
PR Newswire Europe - Tue Jul 14, 3:57AM CDT
ZURICH, July 14, 2015 /PRNewswire/ --
Swiss Re Corporate Solutions names Natasha Wally as Country Manager South Africa
PR Newswire Europe - Mon Jul 13, 3:00AM CDT
Swiss Re Corporate Solutions names Natasha Wally as Country Manager South Africa. She will head up the company's wholly owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty. Ltd.
Swiss Re Corporate Solutions opens office in Madrid
PR Newswire Europe - Mon Jul 06, 6:01AM CDT
Swiss Re Corporate Solutions opens an office in Madrid, Spain, to reinforce its presence in the Iberian Peninsula. It will offer the company's range of products and customized services via a locally based team.
Stable But Low Property Catastrophe Reinsurance Pricing To Persist: KBW
Steve Evans - Seeking Alpha - Thu Jun 25, 12:49PM CDT
In line with recent commentary from fellow re/insurance market analysts', Keefe, Bruyette & Woods (KBW) has advised that the stabilization of property & catastrophe reinsurance rates will persist in 2015, despite any losses that...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
FINEOS Hosts "A New Vision for Income Protection"
Business Wire - Thu Jun 25, 6:35AM CDT
--Representatives from across the industry attend the conference in London
Lack Of Issuance Seen As Potential Reinvestment Risk In ILS
Steve Evans - at Seeking Alpha - Tue Jun 23, 12:06PM CDT
The pace of issuance of new catastrophe bonds and insurance-linked securities (ILS) continues to be seen as a risk to some asset and fund managers, who see the reinsurance asset class as an attractive complement to their portfolios but worry about...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Berkshire Hathaway Invests In IAG, Gets Quota Share Reinsurance Deal
Steve Evans - at Seeking Alpha - Wed Jun 17, 12:27PM CDT
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ) has signaled its appetite for Australian and Asian expansion with the signing of a 10 year partnership deal with Australian insurer IAG, involving an equity stake and a 20% quota share reinsurance...
TPRE: 14.09 (+0.02), BRK.B: 131.37 (+0.71), BRK.A: 198,329.00 (+690.00), GLRE: 24.41 (+0.11)
Reinsurance Capital Glut To Ultimately Weigh On P&C Stocks: A.M. Best
Steve Evans - Seeking Alpha - Tue Jun 16, 2:53PM CDT
The current excess or glut of reinsurance capital, which continues to build while global loss experience remains benign, is expected to ultimately weigh on property and casualty (P&C) insurance share prices, according to rating agency A.M. Best. ...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
CHELSEA APPS FACTORY APPOINTS KAREN NORTH FROM IBM
M2 - Fri Jun 12, 7:04AM CDT
Chelsea Apps Factory, one of the UK's fastest growing tech firms and experts in business mobilisation, today announced the appointment of Karen North as Business Development Partner. Karen is now responsible for driving new business for Chelsea Apps Factory, working with the existing sales team.
IBM: 147.37 (+1.17)
Alternative Capital Helps Re/Insurance Stay Relevant To Society: McGavick
Steve Evans - at Seeking Alpha - Thu Jun 11, 12:47PM CDT
As an industry, the property & casualty (P&C) insurance and reinsurance sector's relevance to society has declined in recent years, but by utilising the growing capacity of the capital markets this can change, according to XL Catlin CEO, Mike...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
$135bn Reinsurance Overcapacity A Significant Driver Of Softening: RBC
Steve Evans - at Seeking Alpha - Thu Jun 11, 12:28PM CDT
The level of overcapacity in the global reinsurance sector is a significant driver of the softening market, and RBC Capital Markets estimates that by the end of 2014 reinsurance was home to roughly $135 billion of surplus capacity. In a recent...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Light Catastrophe Year Best Scenario For European Reinsurers: RBC
Steve Evans - Seeking Alpha - Tue Jun 09, 12:50PM CDT
As the 2015 Atlantic hurricane and tropical storm season gets underway, analysts at RBC Capital Markets claim that a continuation of benign catastrophe losses would be the best-case scenario for European reinsurance market players. In its latest...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
Swiss Re Corporate Solutions strengthens leadership team in North America
PR Newswire - Tue Jun 02, 8:00AM CDT
Swiss Re Corporate Solutions strengthens its North American leadership team with the addition of two senior executives, both based in Santa Ana, CA. Jennifer Knox joins the North America regional sales team as Senior Vice President and Sales Leader of the West Region. Michael Kwan joins the Casualty North America leadership team as Senior Vice President and Head of Excess and Surplus (E&S) Casualty.
Reinsurance Prices To Stabilize, But At Structurally Lower Levels: Goldman Sachs
Steve Evans - Seeking Alpha - Thu May 28, 3:26PM CDT
Analysts from Goldman Sachs believe that reinsurance pricing could stabilize by the end of 2016, but warn that this could be at a structurally lower level from where they may not rise much again, even after future losses. There is an increasing...
TPRE: 14.09 (+0.02), GLRE: 24.41 (+0.11)
