All News articles – Page 72
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NewsAmanda Blanc: Not enough women are at the top in insurance
Representation of females in senior financial services roles has only increased by 1% each year, Blanc told delegates
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NewsMapfre Re boosts capacity to meet increased demand
Capital raise of €250m will help boost the reinsurer’s growth at a time of ’improved technical conditions’
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NewsRSA launches low-carbon underwriting policy
Insurer has committed to achieving an underwriting portfolio for energy production that is over 75% low carbon by 2030
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NewsBMS buys Spanish broker Eisenar
Terms of the acquisition were not disclosed; Broker specialises in industrial risks and professional sports
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NewsConnect launches energy reinsurer Pixel Re
Start-up reinsurer will provide facultative capacity for attachment points of typically $500m and above
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NewsCompanies with higher ESG ratings are a better risk - study
Environmental ratings have the strongest correlation with loss ratios, according to the analysis by Howden and Fidelis
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NewsConvex Re Bermuda appoints deputy CEO and CUO
Paul Simons joins as depty CEO from AXA XL where he was most recently CEO of Bermuda Reinsurance
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NewsAM Best retains stable outlook on global reinsurance sector
Chief among the negative drivers is heightened natural catastrophe activity that continues to test investors’ risk tolerance levels
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NewsHowden completes buyout of AlphaXO Risk Partners
Australia-based specialty broker is one of the major marine insurance intermediaries in the Pacific region
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NewsHurricane Ian drives 2022 nat cat losses to $115 billion
Ian is the second-costliest insured loss ever on sigma records after Hurricane Katrina in 2005 - Swiss Re Institute
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NewsMixed picture for global reinsurers’ YTD results
SCOR, Swiss Re and MS&AD experienced the most deterioration in combined ratios following Hurricane Ian - Gallagher Re
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NewsAon names Robert De Souza president Reinsurance Solutions, APAC
John Carroll will succeed De Souza as Reinsurance Solutions’ CEO of Australia and New Zealand
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NewsNigeria gains parametric flood resilience scheme
Solution will pay out based on flood magnitude with funds targeted for immediate infrastructure reconstruction
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NewsFidelis receives approval for private-equity backed MGU
The Fidelis MGU will be led by chairman and CEO Richard Brindle, and Fidelis Insurance Group will be led by CEO Dan Burrows
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NewsFlorida buyers will struggle for capacity at 1/1 - Fitch
Rating agency predicts double-digit rate rises for property catastrophe cover driven by insured losses of c.$120 billion
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News1/1 renewals will test industry’s relevance
The renewals period represents a time to move towards, not away from risk, says Aon’s Andy Marcell
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NewsInsurance placed for UK’s first space rocket launch
Once operational, Forgestar will be the world’s first fully returnable and re-launchable satellite platform
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NewsInsurers are innovating to address nature loss - Geneva Association
Over 50% of global GDP is dependent on natural capital and ecosystem services, many of which are close to ‘tipping points’
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NewsAXA XL appoints head of Cyber, UK & Lloyd’s
She previously held cyber leadership positions in Aon Cyber Solutions
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NewsDigital syndicate Ki appoints underwriter
Marsh joins from Sompo International, where she held the role of International Casualty Treaty underwriter
