All News articles – Page 83
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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
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NewsIDF calls for 'convergence' of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
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NewsLiberty Specialty Markets names Rachel Conran CUO
She most recently served as chief executive officer and board member of RSA Luxembourg
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NewsCall for feedback on federal cyber insurance backstop proposals
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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NewsLudlow Re kickstarts ‘Class of 2022’ start ups
Cayman-based Ludlow Re has been launched by Hildene Capital and has seed capital of $1 billion
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NewsS&P downgrades SCOR to A+ (stable)
Reinsurer is a “negative outlier relative to close peers” with financial results “below expectations”, states rating agency
