Flood Re Sees Its Coverage Rising

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Aidan Kerr, operations director, Flood Re, said the reinsurer is aiming to cover 200,000 U.K. households for flood risk in the shorter term and eventually reach up to half a million by operating in the background of the homeowners' insurance market.

 

A.M. Best's Thomas: More Reinsurers Returning Capital Via Dividends

Catherine Thomas, senior director of analytics, A.M. Best, said the active market for mergers and acquisitions has boosted many reinsurers' share prices, making it more expensive for reinsurers to buy back their own shares.
 

Lloyd's Beale: Time for Insurers to Step Up the Research, Development

Inga Beale, CEO, Lloyd's, said the insurance industry invests less in researching risks and developing new products than industries such as manufacturing.

 

American Agricultural's Graham: Farm Sector a Hotbed of Emerging Risks

Lorie Graham, senior manager, American Agricultural Insurance Company, said farmers are rapidly adopting drones, sensor based equipment, 3D printing and new business models, creating new types of exposure to which agricultural insurers must respond.
 

Mutual Insurers Wrestle With Onslaught of Emerging Risks

Insurers and reinsurers said a range of new and expanding risks, including cyber liability, drones, autonomous vehicles and even new farm risks is challenging the underwriting ability of the mutual insurance sector.

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