Posts Tagged ‘Scandinavia’

June 14th, 2016

Guy Carpenter Appoints CEO of GC Stockholm

Posted at 11:20 PM ET

Guy Carpenter today announced the appointment of Tobias Andersson as CEO of GC Stockholm, effective April 1, 2017. He will succeed Tomas Ljungqvist, who will become Chairman of the division.

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January 25th, 2012

January 2012 Reinsurance Renewal: Nordic

Posted at 1:00 AM ET

Reinsurance rates in general were flat in Scandinavia at the January 1, 2012, reinsurance renewal with the exception of catastrophe rates, which increased modestly for loss-free programs and significantly for loss-affected programs. A reduction in capacity for catastrophe business contributed to pricing in the region, whereas the capacity for non-catastrophe business was plentiful. Reinsurance structures were generally unchanged year over year.

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March 11th, 2010

Jan 1 Renewals in Scandinavia

Posted at 10:00 AM ET

The Scandinavian market was characterized by increased capacity provided by several reinsurers. Soft market conditions prevailed and rate changes were generally flat to declining. Loss-free cat excess of loss lines were flat to declining 5 percent. Property Risk business without losses was flat to down 5 percent. However, Property Risk business with losses, experienced rate changes that were flat to increasing 5 percent.

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