All Insurance articles – Page 11
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NewsSCOR reveals Q3 net loss of €270m
Hurricane Ian drove nat cat losses of €517m in Q3; reinsurer boosted reserves in anticipation of inflationary impacts
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NewsLondon’s Islamic aspirations move closer with MOU
London is looking to Indonesia to help create opportunities around Islamic insurance and diversity
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NewsRare hurricane set for east Florida landfall
Nicole is expected to intensify to a category 1 storm as it approaches the east Florida coast so late in the season
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NewsMunich Re posts Q3 profit of €527m
Reinsurer is maintaining its annual guidance of €3.3 billion, despite property casualty losses of €2.3 billion in Q3
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NewsApollo partners with Envelop Risk for cyber reinsurance
Envelop Risk is a cyber reinsurance MGA with an ambition of establishing a platform within the Lloyd’s market
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NewsSean McGovern announced as new chair of the LMG
Liberty Mutual Global Risk Solutions’ Matthew Moore will step down at the end of his three-year tenure
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NewsPRA fines MS Amlin £10m for risk and governance failings
Re/insurer failed to ’embed a strong or effective risk culture within the business’, finds UK regulator
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NewsThree ways of increasing cyber insurability - sigma
There is currently a protection gap of around 90% due to the uncertain nature of systemic risk
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NewsEgypt moots catastrophe pool to build climate resilience
Ahead of COP27, insurance industry experts gathered to discuss innovative approaches to transferring catastrophic risk
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NewsGreenlight Re reports Q3 net loss of $18.9m
Cites the combined impact of natural catastrophes, continued inflation and rising interest rates
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NewsClimate change ‘most pressing issue’ for African insurers - CEO survey
Financial risks are topping the list of challenges facing the 54 African economies in the year ahead
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NewsChedid Re opens shop in Paris
New French office will support the group’s strategic expansion into the European market
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NewsAxis Capital reports Q3 net loss of $17m
Results are ‘further validation’ that reducing exposure to catastrophe business was the right strategy - Benchimol
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NewsHurricane Ian drives Swiss Re Q3 loss of $442m
The reinsurer has bolstered reserves by $700m over the past year to address the impact of economic inflation
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NewsProfitability of Italian insurers under pressure as inflation bites
The rating agency expects the year end-2022 combined ratio to deteriorate year on year
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NewsCompre Covéa deal brings finality to legacy medmal
Medical Insurance Company DAC covered professional medical malpractice risks until it entered run-off in 2015
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NewsBaden Baden: Cedants demand extra €1 billion in limit - Hannover Re
Inflation, losses and demand for additional nat cat capacity in the German market alone will see rates rise substantially
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NewsExtinction Rebellion activists target Baden Baden meeting
Meanwhile, Insure our Future puts the spotlight on the controversial East African Crude Oil Pipeline project
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NewsBaden Baden: Demand for reinsurance has never been stronger
The industry must rise to the challenges of our age, said industry leaders at the Baden Baden Reinsurance Symposium
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NewsBaden Baden: Trapped capital will further dent European capacity - Munich Re
Hurricane Ian will exacerbate Europe’s reinsurance supply and demand imbalance, further driving up rates
