All News articles – Page 34
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NewsCyber reinsurance market evolves but further developments crucial
Across the cyber reinsurance market there have been major strides in maturity over the past few years from the creation of sound fundamentals to innovators pushing the envelope in new ways, writes Brittany Baker, vice president of Solution Consulting, CyberCube.
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NewsAsia Pac climate, cyber, sustainability focus for the latest Lloyd’s Lab cohort
The insurtech incubator for developing innovative insurance products in the Lloyd’s market welcomes its 11th cohort of 12 startups.
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NewsReinsurers’ capital base rise and underlying RoE comfortably exceed cost of capital – Gallagher Re
Rate increases were the main driver of the continued strong premium growth of 8.7% in the first half of this year, according to the reinsurance broker.
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NewsMutualisation – essence of insurance and generator of cyber growth
Jeffrey Sirr, senior advisor, DeNexus, writes on the strengths and weaknesses of cyber mutualisation.
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NewsMAPFRE keeps top ranking in LatAm non-life
Spanish insurer MAPFRE has $6.468bn and a 6.5% market share in LatAm non-life.
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NewsLloyd’s rebounds with £3.9bn profit for H1 2023
The Lloyd’s market has released its interim results, including a combined ratio of 85.2%.
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NewsDive In: festival to focus on best practices for DE&I strategies
Event registration for the largest global DE&I event is now open with over 130 sessions in 35+ countries
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NewsGuy Carpenter appoints Enoizi as CEO of Europe
The former Pool Re CEO takes up his new position at Guy Carpenter, the reinsurance broking arm of Marsh McLennan, effective immediately.
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NewsConvex promotes new Bermuda CEO and group deputy CUO
Paul Simons will become Bermuda CEO and Christophe Chandler will become group deputy chief underwriting officer reinsurance.
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NewsAtkin takes over from Card as Carbon chairman
After five years at the helm of Carbon Underwriting, Stephen Card has passed the chairman role to Rupert Atkin, former CEO of Talbot Underwriting.
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NewsIdalia: Moody’s RMS provides $3.5bn insured loss estimate; versus $2.5-4bn Verisk figure
The first major hurricane landfall in Florida’s Big Bend since records began in 1842, Idalia could have been much worse had it taken a different track or not weakened before landfall.
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NewsPilko appointed as AXA XL’s Americas insurance CEO
Lucy Pilko has been appointed AXA XL’s chief executive for the Americas insurance operations, effective 30 October, joining from Boston Consulting Group.
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NewsIdalia impact limited by low population area landfall - Moody’s RMS
Florida’s Big-Bend coastal area is sparsely populated, reducing the impact of Hurricane Idalia, while inland losses are expected to be less than last year’s Hurricane Ian.
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NewsUS law enforcement liability market: Amwins emphasises tech, collaboration
Collaboration and emerging tech offer hope for risk management in the US law enforcement liability market, writes Brian Frost, public entity liability practice leader, Amwins Brokerage.
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NewsBeazley: A line in the sand
Beazley’s Patrick Hartigan writes on the increased frequency of extreme weather and the need for adequate pricing for the many climate change linked secondary perils hitting re/insurance markets.
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NewsMIS: Modelled Data vs Observed Intelligence
In a major paradigm shift, modelled data is being sidelined for tangible information sourced from observed intelligence. McKenzie Intelligence Services’ chief product officer Rosina Smith describes how we’re bridging the gap between prediction and knowledge.
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NewsFidelis MGU makes several exec, senior changes
Richard Coulson has been promoted to deputy group CUO, remaining in his secondary role as CEO of insurance.
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News2022 fourth-costliest year on record for cat losses – S&P
A new report on catastrophe risk appetite among global reinsurers has found last year to be the fourth-costliest on record for annual global insured catastrophe losses.
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NewsHowden Tiger provides optimistic interim market snapshot
Reinsurance broker Howden Tiger provided analysis jointly authored by Michelle To, head of business intelligence, and David Flandro, head of industry analysis and strategic advisory.
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NewsUnrealised investment losses not a ‘material risk’ to leading reinsurers – S&P
A new report from S&P Global Ratings says that the current unrealised losses on most fixed-income securities for the world’s twenty leading reinsurers is not a material risk.
