All News articles – Page 77
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NewsRenewals in specialty market ‘incredibly complex and challenging’ due to Russia-Ukraine conflict
Despite 1 January renewals being ‘orderly’, following the onset of the war, many specialty coverages ‘were excluded post-April’
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NewsUpcoming renewals will be ‘much more challenging’ due to inflation – Munich Re
The demand for capacity ‘will be an issue’ at the next renewal too, says reinsurance chief executive
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NewsPERILS adds European flood to its repertoire
Demand is growing for industry loss triggers as cedants seek alternatives amid the ongoing hard market - CEO Hitz
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NewsClimate change discussion is ‘more urgent than ever before’ to gain independence from Russia
Reinsurer cites dual motivations as to why climate change and the transition to net zero carbon emissions needs to be pushed up global agendas
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NewsMajor reinsurance market correction ahead - SCOR
The challenging macro-economic landscape will be a net positive for both risk carriers and “volatility takers”
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NewsLloyd’s improves ‘underlying performance’ – AM Best
Despite under par performance over the last five years, Lloyd’s turned a corner in 2021, according to senior director
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NewsLockton Re launches Lockton Re Capital Markets
Bankers and brokers will be ’solution agnostic’ as LRCM seeks to access broader pools of capital
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NewsCyber newcos are seeding the pipeline, reveals AM Best
There is significant opportunity to innovate as the risk landscape evolves, but reinsurers are taking a more conservative approach to risk
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NewsGallagher Re launches Gallagher Research Centre
Led by Dr Tina Thomson as global head of research, the GRC is a hub for academic, research and other institutions
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NewsAll in this together
Guy Carpenter’s Julian Enoizi speaks to GR about the critical role of public/private partnerships in achieving greater societal resilience
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NewsLloyd’s presents heartfelt tribute to the late Queen
”We were lucky to call her a friend and a regular visitor to Lloyd’s” says Bruce Carnegie-Brown as Lutine Bell rings in her honour
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NewsS&P: Lloyd’s strong underwriting performance overshadowed by investment losses
Rating agency expects Lloyd’s underwriting results to remain in line with a 95% net combined ratio for year-end 2022
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NewsFitch maintains neutral outlook for reinsurance sector
Despite increasingly challenging macro financial headwinds, global reinsurers have improved GWPs and combined ratios
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NewsDon’t expect a ‘business-as-usual’ renewal, warns Aon
The broker urges reinsurers to adjust their risk appetites and tells buyers to get creative as market dislocation continues
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NewsArgo Group announces sale of Lloyd’s Syndicate 1200 to Westfield
The $125m sale advances Argo’s objective of becoming more US-centric, says CEO Bradley
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NewsAM Best puts US personal lines sector on negative
Rising reinsurance rates, shrinking capacity, inflation and secondary perils are putting primary carriers under pressure
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NewsMonitoring catastrophe events from space
Rafal Modrzewski, CEO and co-founder of ICEYE, explains how advances in data are opening up new industry possibilities
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NewsLloyd’s reports H1 COR of 91.4%, despite Ukraine loss reserving
Market reveals a net investment loss of £3.1 billion for the first half, contributing to an overall loss of £1.8 billion
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NewsReinsurance market reaches ‘a tipping point’ - Howden
Risks are escalating as the world lurches from one crisis to another, bringing about a fundamental shift in supply and demand, warns broker
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NewsInflation will drive huge demand for cover - Guy Carp
It’s time for reinsurers to “lean in” and deploy more capacity, urged the reinsurance broker in its pre-RVS briefing
