Reinsurance

Munich Re, the world's biggest reinsurer, raised its dividend more than expected after below-average damage claims and surging investment income bolstered 2012 profit.

Reinsurer Hannover Re said it had increased its overall premium volume when renewing contracts with its insurance company customers at the start of the year, amid intense competition.

Reinsurer Hannover Re said it had increased its overall premium volume when renewing contracts with its insurance company customers at the start of the year, amid intense competition.

Among the common themes that arose in PC360-NUs interviews with C-suite leaders from AIG, Travelers, and Zurich: Growth will be a major challenge, but opportunities for expansion exist in Latin America, Specialty lines and Cyber.

Among the common themes that arose in PC360-NUs interviews with C-suite leaders like Swiss Re, Lloyd's and Munich Re: Growth will be a major challenge, but opportunities for expansion exist in Latin America, Specialty lines and Cyber.

As markets grow in developing countries and losses escalate, insurers will have to reassess risks and likely consolidate to meet the rising demand for coverages and limits, an industry executive says.