NEWS
ALERT LES RENDEZ VOUS DE SEPTEMBRE 2012 |
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VIDEO: The
global insurance market went up by 4.8% in 2011, to EUR 3,300
billion, while reinsurance business rose to EUR 160 billion
by oleg.doronceanu@mxp.ro, dimitrios.tsoulias@mxp.ro,
2012-09-11
Gross written premium on the global insurance market amounted EUR
3,300 billion in 2011, 4.8% up as compared to 2010. About 57% of
this amount was written in life insurance, while the remaining 43%
refers to non-life insurance lines. As far as reinsurance is concerned,
the global specialty market reached EUR 160 billion, while in 2010
it stood at EUR 150 billion, stated today Jean-Philippe THIERRY,
President of the Rendez-Vous de Septembre Association, on the occasion
of the press conference held in Monte Carlo.
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HANNOVER
Re: low investment income pushed ahead technical pricing discipline
by oleg.doronceanu@mxp.ro, dimitrios.tsoulias@mxp.ro,
2012-09-11
Following on from pleasing treaty renewals in the first half of 2012
HANNOVER Re is looking ahead with confidence to the treaty renewals
as at 1 January 2013. "We
were pleased with the outcome of our renewals in April and in June/July.
Along with the favourable development in global property (catastrophe)
lines, we are now seeing the first positive signs - including in
the United States - of an improved climate overall in the casualty
lines. We are confident that this trend will continue in the treaty
renewals as at 1 January 2013", Ulrich WALLIN, CEO, HANNOVER Re affirmed during a press conference in Monte
Carlo.
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Claude
TENDIL takes over from Jean-Philippe THIERRY as Chairman of the Rendez-vous
de Septembre Association
by dimitrios.tsoulias@mxp.ro, 2012-09-11
After 12 years as President of the Rendez-vous de Septembre Jean-Philippe
THIERRY will give up this post at the end of the year. Claude TENDIL,
CEO of Groupe Generali in France, Chairman of Europ Assistance and
Vice-President of the FFSA, was elected by the RSV appointments committee
as President for a two-year term starting on 1 January 2013.
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LLOYD's:
EUR 107 billion paid for insured claims in 2011 for nat cat and man-made
disasters
by oleg.doronceanu@mxp.ro, 2012-09-11
"Total global economic loss in 2011 reached nearly USD 435 billion - compared
with USD 226 billion in 2010. Total insured losses for the global insurance industry
from natural catastrophes and man-made disasters reached more than USD 107 billion
in 2011", said Richard WARD, CEO, LLOYD's in Monte Carlo. He further explained that 2011
would have been the costliest ever year for the insurance industry if Japan had
been fully insured. On the other hand, the only factor preventing 2011 to exceed
the 2005 historic peak in insured claims was the relatively moderate hurricane
season in the North America.
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SCOR
takes measures to counteract threats in the macroeconomic environment
by oleg.doronceanu@mxp.ro, dimitrios.tsoulias@mxp.ro,
2012-09-11
While highlighting the threats coming from the macroeconomic environment,
Denis Kessler, CEO, SCOR, is "confident
regarding the business development opportunities arising for the
French reinsurer from the property/casualty lines".
More |
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