Even Sandy Could Not Spur Flood Cover Take-Up

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Dr. Steven Weisbart, chief economist with the III, said the insurance industry handled claims from Sandy well. Weisbart said the biggest surprise was how many people purchased flood insurance afterward.

 

ICMIF Exec: Mutuals Continue to Gain Global Share

Shaun Tarbuck, Chief Executive at the International Cooperative and Mutual Insurance Federation, reports that mutual and cooperative insurers have gained three points of market share in the past seven years.
 

Solvency II Hinders, New Capital Helps Mutual Startups

Paul Koronka, CEO, Regis Mutual Management Ltd., said his organization continues to form new mutual insurance companies but solvency regulations mean taking new approaches to their structure.
 

Willis Re Exec: New Capital Driving Seismic Changes

According to James Kent, president, Willis Re North America, the influx of new capital into the reinsurance market has created more change in the past three to five years than in all prior years.
 

R+V Exec: All Reinsurers Feel Underwriting Pressure

Dr. Christoph Lamby of R+V Versicherung AG details the risks facing global reinsurers. Lamby sees opportunities in Asia, marine and other areas.

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