All News articles – Page 81
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World’s first crypto reinsurer launches
Relm II can accept both fiat and crypto as collateral and is domiciled in Bermuda
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RenRe launches casualty/specialty sidecar
Institutional investors also backed joint venture Fontana, which has launched with $475m of capital
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SIRC 2022 will be an in-person event
The reinsurance conference is returning on 31 October to 3 November at Singapore’s Sands Expo & Convention Centre
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Russia sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers react to ongoing sanctions
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O’Donnell is named chair of ClimateWise
Kevin O’Donnell, president and CEO of RenaissanceRe, will head up the industry climate action body
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Guy Carpenter appoints Enoizi as Public Sector head
The former Pool Re boss will lead Guy Carpenter’s Public Sector practice in a newly-created role
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Reinsurance Pool legislation passes in Australia
The risk pool for cyclone and cyclone-related flood will launch in just three months
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Orderly renewal at 1 April - Gallagher Re
Capacity largely sufficient in most classes as inflation becomes a key topic
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Reinsurance sector retains stable outlook - AM Best
Hardening trend is expected to continue in 2022 after major cat losses in 2021
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Swiss Re: Natural catastrophes in 2021: the floodgates are open
In 2021, there were more than 50 severe flood events around the world, resulting in combined economic losses of more than USD 80 billion.
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Lloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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Hannover Re makes insurtech innovation platform hr | equarium openly accessible
hr | equarium has so far been used on a regular basis by more than 700 clients of Hannover Re from over 100 countries
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Lloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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Lloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this
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Lloyd’s returns to profit with £2.3bn in full-year 2021 results
£2.9bn was paid to customers impacted by Covid-19
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The Ardonagh Group reports adjusted ebitda growth of 42.4% for 2021
The broker’s income also reached £945.8m last year
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Christian Silies joins Sompo as Head of Global Marine and Energy
Sompo International announced today that Mr. Christian Silies has joined the company’s Reinsurance platform as Head of Global Marine and Energy. He will be based in Zurich and report to Mr. Christopher Donelan, CEO of Global Reinsurance.
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Insuring the transition to net zero
Why insurers have a critical role to play in the shift away from fossil fuels
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Re/insurers face $10 billion in plane expropriation losses
Aviation underwriters are anticipating their largest annual claim from assets stranded in Russia, warns Fitch