All News articles – Page 55
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NewsA new era for SCOR - interview with Jean-Paul Conoscente
The hard market will continue into 2024, thinks SCOR’s Jean-Paul Conoscente, as the reinsurer embarks on a new management era, following the sad passing of its former chairman and CEO, Denis Kessler.
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NewsThe most exciting market in my career – Guy Carpenter’s Carter
Pricing shocks, macro volatility and emerging risks in constant flux are making today’s re/insurance market at turns scary and exciting, thinks Vicky Carter, Guy Carpenter’s Chairman, Global Capital Solutions, International.
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NewsHow are insurers preparing for another hard reinsurance renewal?
With 1 January 2023 renewals the most difficult in years, how are reinsurance buyers feeling about the prospect of another hard market renewal at 1/1?
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NewsChina-Taiwan: “Astonishing” divergence of views across Lloyd’s
Political risk underwriters struggled to reach any consensus when asked by Lloyd’s to respond to a data collection exercise discussing conflict scenarios between China and Taiwan, GR can reveal. This article has been updated to include input from Lloyd’s.
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NewsMAPFRE RE focusing on stability amid market turn
Changing dynamics at renewals do not mean a major shift in the portfolio for Spanish reinsurer MAPFRE RE, which is focused on the stability of its long-term client relationships.
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NewsMcGill makes inroads with flexible fac strategy
A single P&L at broker McGill and Partners includes its expanding facultative team.
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NewsHiscox Re’s Kathleen Reardon: Leaning into the hard market
Kathleen Reardon, CEO of Hiscox Re & ILS, discusses the reinsurer’s approach to the market, following its stellar start to 2023.
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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.
