NOT FOR REPRINT
Page Printed from: propertycasualty360.com/author/profile/jonathan-gould-reuters/
A massive air and sea search, now in its third day, has failed to find any confirmed trace of Malaysia Airlines flight MH370 or the 239 people aboard.
A slump in reinsurance prices is playing to the strengths of the biggest global reinsurers, while piling pressure on smaller competitors to diversify or consolidate.
Munich Re, the world's biggest reinsurer, hiked its dividend after a surprise rise in 2013 profit, lifting hopes it can cope with an influx of new competitors and falling prices
Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.
Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.
Damage claims faced by German insurers for hail storms this year are almost twice the amount expected at 2.7 billion euros, a trade group said on Tuesday of a figure which will eat into sector profitability.
Munich Re played down the threat to its reinsurance portfolio from insurance investors like pension funds, saying it expected a stable outcome when it renews contracts with its insurance company clients in the coming months.
Reinsurance executives gathering in Monte Carlo will be considering their response to increasingly popular alternative insurance-linked investments that are driving down prices in the industry.
Reinsurer Munich Re is likely to face damage claims of $333-466 million from flooding in central Europe, a bank analyst predicted on Friday, after Allianz pencilled in its own net hit at 350 million.
Europe's insurers warned that their ability to help to boost economic growth could be harmed if the EU insurance watchdog does not take account of industry demands in a report to be unveiled on Friday.
{ "author": { "name": "Jonathan Gould Reuters", "webUrl": "/author/profile/jonathan-gould-reuters/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 25, "social": [], "articles": [ { "uri": "/2014/03/10/allianz-lead-insurer-for-malaysia-airlines-willis/", "title": "Allianz Lead Insurer for Malaysia Airlines; Willis Broker for Hull and Liability", "byline": " Jonathan Gould, Reuters, Chris Vellacott, Reuters ", "kicker": "News", "prettyDate": "March 10, 2014", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters-chris-vellacott-reuters/", "name": "Jonathan Gould, Reuters, Chris Vellacott, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A massive air and sea search, now in its third day, has failed to find any confirmed trace of Malaysia Airlines flight MH370 or the 239 people aboard.", "body": null }, { "uri": "/2014/02/25/falling-prices-pressure-smaller-reinsurers-toward/", "title": "Falling Prices Pressure Smaller Reinsurers Toward Consolidation", "byline": " Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "February 25, 2014", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A slump in reinsurance prices is playing to the strengths of the biggest global reinsurers, while piling pressure on smaller competitors to diversify or consolidate.", "body": null }, { "uri": "/2014/02/04/munich-re-boosts-dividend-after-surprise-2013-prof/", "title": "Munich Re Boosts Dividend After Surprise 2013 Profit Rise", "byline": " Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "February 04, 2014", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Munich Re, the world's biggest reinsurer, hiked its dividend after a surprise rise in 2013 profit, lifting hopes it can cope with an influx of new competitors and falling prices", "body": null }, { "uri": "/2013/10/18/reinsurers-to-meet-as-alternative-capital-presents/", "title": "Reinsurers to Meet as Alternative Capital Presents Challenge to Needed Rate Increases", "byline": " Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "October 18, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.", "body": null }, { "uri": "/2013/10/18/reinsurers-to-meet-as-alternative-capital-presents-challenge-to-needed-rate-increases/", "title": "Reinsurers to Meet as Alternative Capital Presents Challenge to Needed Rate Increases", "byline": "Jonathan Gould, Reuters", "kicker": "News", "prettyDate": "October 18, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.", "body": null }, { "uri": "/2013/10/08/german-insurers-face-higher-hail-storm-cost-bill/", "title": "German Insurers Face Higher Hail Storm Cost Bill", "byline": " Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "October 08, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Damage claims faced by German insurers for hail storms this year are almost twice the amount expected at 2.7 billion euros, a trade group said on Tuesday of a figure which will eat into sector profitability.", "body": null }, { "uri": "/2013/09/10/munich-re-plays-down-hit-from-pension-fund-investo/", "title": "Munich Re Plays Down Hit from Pension Fund Investors", "byline": " Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "September 10, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Munich Re played down the threat to its reinsurance portfolio from insurance investors like pension funds, saying it expected a stable outcome when it renews contracts with its insurance company clients in the coming months.", "body": null }, { "uri": "/2013/09/06/reinsurers-mull-response-to-growing-competition/", "title": "Reinsurers Mull Response to Growing Competition", "byline": " Chris Vellacott and Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "September 06, 2013", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/chris-vellacott/", "name": "Chris Vellacott" }, { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Reinsurance executives gathering in Monte Carlo will be considering their response to increasingly popular alternative insurance-linked investments that are driving down prices in the industry.", "body": null }, { "uri": "/2013/06/14/munich-re-allianz-face-millions-in-flood-damage-cl/", "title": "Munich Re, Allianz Face Millions in Flood Damage Claims", "byline": " Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "June 14, 2013", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jonathan-gould-reuters/", "name": "Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Reinsurer Munich Re is likely to face damage claims of $333-466 million from flooding in central Europe, a bank analyst predicted on Friday, after Allianz pencilled in its own net hit at 350 million.", "body": null }, { "uri": "/2013/06/13/european-insurers-see-capital-rules-at-crossroads/", "title": "European Insurers See Capital Rules at Crossroads", "byline": " Steve Scherer, Reuters, Jonathan Gould, Reuters ", "kicker": "News", "prettyDate": "June 13, 2013", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/steve-scherer-reuters-jonathan-gould-reuters/", "name": "Steve Scherer, Reuters, Jonathan Gould, Reuters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Europe's insurers warned that their ability to help to boost economic growth could be harmed if the EU insurance watchdog does not take account of industry demands in a report to be unveiled on Friday.", "body": null } ] } }
From gryphon.ai
Is your organization protected against costly Do Not Call (DNC) and Telephone Consumer Protection Act (TCPA) violations and fines? This comprehensive checklist explores key compliance areas, offering insights to mitigate risks and protect your brand reputation in 2024.
Download ResourceFrom OneShield
Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.
Download ResourceFrom Origami Risk
Explore common pitfalls in core insurance transformations and how to avoid them. Discover comprehensive strategies and best practices to successfully plan and execute a cloud implementation in this comprehensive white paper.
Download ResourceFrom gryphon.ai
This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.
Download ResourceFrom Origami Risk
Navigating the complexities of P&C core insurance digitization is no easy task. Explore the critical decisions between building or buying and how to achieve operational excellence in this white paper.
Download ResourceFrom Melissa
As more customers “unbundle” their insurance products and spread their business among many carriers, agents must look for creative strategies to retain and grow business. Download this white paper to learn top strategies to ensure success in 2024.
Download ResourceFrom gryphon.ai
Empower your organization to excel in marketing outreach without compromising compliance. This guide offers a roadmap to implement a best-in-class contact compliance strategy so that your organization can continue successful marketing campaigns, ethically and legally.
Download ResourceFrom gryphon.ai
Is your organization protected against costly Do Not Call (DNC) and Telephone Consumer Protection Act (TCPA) violations and fines? This comprehensive checklist explores key compliance areas, offering insights to mitigate risks and protect your brand reputation in 2024.
Download ResourceFrom OneShield
Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.
Download ResourceFrom Origami Risk
Explore common pitfalls in core insurance transformations and how to avoid them. Discover comprehensive strategies and best practices to successfully plan and execute a cloud implementation in this comprehensive white paper.
Download ResourceFrom gryphon.ai
This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.
Download ResourceFrom Origami Risk
Navigating the complexities of P&C core insurance digitization is no easy task. Explore the critical decisions between building or buying and how to achieve operational excellence in this white paper.
Download ResourceFrom Melissa
As more customers “unbundle” their insurance products and spread their business among many carriers, agents must look for creative strategies to retain and grow business. Download this white paper to learn top strategies to ensure success in 2024.
Download ResourceFrom gryphon.ai
Empower your organization to excel in marketing outreach without compromising compliance. This guide offers a roadmap to implement a best-in-class contact compliance strategy so that your organization can continue successful marketing campaigns, ethically and legally.
Download ResourceFrom gryphon.ai
Is your organization protected against costly Do Not Call (DNC) and Telephone Consumer Protection Act (TCPA) violations and fines? This comprehensive checklist explores key compliance areas, offering insights to mitigate risks and protect your brand reputation in 2024.
Download Resource