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Insurers are penalising customers

Reinsurance rate rises may be around the corner, renewals study suggests

April and June renewals could be a source of hope for reinsurance pricing, according to a report from rating agency AM Best

cyber security

Aon highlights 8 cyber risk areas

Game-changing business opportunities are created, as well as risks, as companies continue to use technology to speed up information transfer, according to re/insurance broker Aon

aon 2018 losses map

2018 fourth costliest year on record for insurers – Aon study

After an “elevated, yet manageable catastrophe loss year”, according to Aon, some 64% of global insured losses incurred in the US last year

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Gender diversity

Allianz partnership to tackle gender gap

Allianz has become a partner of the Women’s Engineering Society in a bid to create a more diverse workforce.

dubai

Middle Eastern insurers are well capitalised despite the region’s problems – report

Suppressed oil prices and government budget cuts have led to fewer insured risks, but GCC insurers are well capitalised, according to AM Best

paris monument city

Scor takes Covéa takeover row to court

The French reinsurer has announced it is pursuing criminal charges against Covéa and its CEO

Year-end non-life ILS capital outstanding ($bn)

ILS up to new record, despite slowdown – report

Willis Towers Watson’s ILS update said a new peak of $93bn ILS in play after strong 2018 cat bond issuance “bodes well for a continued healthy market”

Russia

Volatile environment for CIS insurers – report

Geopolitical instability and a volatile operating landscape beset insurers in the ex-Soviet countries, according to ratings firm AM Best

Bermuda

Resilient Bermuda weathering the storm – report

Bermuda re/insurers continue to be tested by market conditions but remain resilient, according to a Fitch Ratings report

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