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Swiss Re Foresees Rising Demand for Reinsurance Amid Increasing Global Risks Swiss Re, one of the world’s leading reinsurance companies, has projected a significant increase in the demand for reinsurance solutions as global risks continue to diversify and intensify. This announcement was made during the ongoing Rendez-Vous event held annually in Monte Carlo, where key […]

Swiss Re Foresees Rising Demand for Reinsurance Amid Increasing Global Risks The growing complexities of the global risk landscape have catalyzed a surge in demand for reinsurance, according to a recent report from Swiss Re. The insights were shared at the renowned Rendez-Vous event in Monte Carlo, placing a spotlight on the critical need for […]

Renewable Energy Growth to Drive Reinsurance Demand – Howden Re The renewable energy sector is witnessing unprecedented growth, creating a surge in demand for specialized reinsurance solutions. According to a recent report by Howden Re, the expansion in solar, wind, and battery storage projects necessitates tailored approaches to risk management. Life Insurance: A Crucial Component […]

Munich Re Eyes Risk-Adequate Rates Amid Growing Complexities and Loss Trends Amid an increasingly complex landscape and evolving loss trends, Munich Re is focusing on establishing risk-adequate rates that meet the current demands of the reinsurance market. Despite these challenges, the demand for reinsurance remains robust. “We’re facing an unprecedented era where complexities in risk […]

Munich Re Eyes Risk-Adequate Rates Amid Growing Complexities and Loss Trends In light of evolving complexities and rising loss trends, Munich Re is setting its sights on implementing risk-adequate rates. The demand for reinsurance remains robust despite the multifaceted challenges the industry faces. Reinsurance Demand Remains Robust The insurance industry is currently grappling with an […]

Oak Re Syndicate 2843 Gains Lloyd’s Approval to Begin Operations in 2025 In a significant development for the reinsurance sector, Oak Re Syndicate 2843 has received approval from Lloyd’s of London to commence operations in 2025. This approval marks a critical milestone, potentially influencing how businesses and individuals approach risk management and insurance planning. The […]

Starkweather & Shepley Leverages AI to Streamline Insurance Applications In a groundbreaking move, Starkweather & Shepley has introduced artificial intelligence (AI) technology to simplify and expedite the insurance application process. This innovation aims to cater to the evolving demands of clients seeking various types of insurance, offering streamlined and more efficient services. The Role of […]

Lloyd’s Reinsurance Moves Ahead of US and Bermudian Markets Lloyd’s of London has positioned itself as a frontrunner in the reinsurance market, surpassing both US and Bermudian counterparts during robust risk-adjusted pricing conditions. This strategic development comes amidst favorable market conditions, which have prompted Lloyd’s to leverage its extensive expertise and innovative solutions to attract […]

Lloyd’s Reinsurance Business Outperforms US and Bermudian Markets Lloyd’s of London has successfully outshined its US and Bermudian counterparts in the reinsurance sector, thanks to strong risk-adjusted pricing conditions prevailing in the market. However, the discussion around insurance doesn’t stop at reinsurance as life insurance offers a plethora of benefits that cater to diverse needs. […]

Coalition Launches Cyber Reinsurance Intermediary The digital age has ushered in a wave of new risks, and in response, Coalition has launched a groundbreaking cyber reinsurance intermediary. This new initiative is poised to bolster resilience against the escalating threat of cyberattacks, providing comprehensive coverage and “deeper insights” into cyber risk. However, it’s also crucial to […]