All News articles – Page 85
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NewsEgypt moots catastrophe pool to build climate resilience
Ahead of COP27, insurance industry experts gathered to discuss innovative approaches to transferring catastrophic risk
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NewsGreenlight Re reports Q3 net loss of $18.9m
Cites the combined impact of natural catastrophes, continued inflation and rising interest rates
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NewsClimate change ‘most pressing issue’ for African insurers - CEO survey
Financial risks are topping the list of challenges facing the 54 African economies in the year ahead
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NewsHannover Re COR rises to 99.2% in Q3
Reinsurer expects net losses from Hurricane Ian to reach €276m and is reserving €331m for Ukraine-related losses
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NewsChedid Re opens shop in Paris
New French office will support the group’s strategic expansion into the European market
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NewsAxis Capital reports Q3 net loss of $17m
Results are ‘further validation’ that reducing exposure to catastrophe business was the right strategy - Benchimol
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NewsHurricane Ian drives Swiss Re Q3 loss of $442m
The reinsurer has bolstered reserves by $700m over the past year to address the impact of economic inflation
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NewsBaden Baden: Expect further retrenchments post Ian - Ariel Re
Trapped collateral and a global retro freeze will further exacerbate supply demand imbalances at 1/1
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NewsProfitability of Italian insurers under pressure as inflation bites
The rating agency expects the year end-2022 combined ratio to deteriorate year on year
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NewsCompre Covéa deal brings finality to legacy medmal
Medical Insurance Company DAC covered professional medical malpractice risks until it entered run-off in 2015
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NewsBaden Baden: German motor insurers face 2022 underwriting loss
Ongoing supply chain disruption and inflation are impacting German motor books
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NewsBaden Baden: Litigation could significantly inflate Ian loss - Verisk
Loss creep on Hurricane Ian claims are likely as inflation and social inflation drive up costs, thinks Yörn Tatge
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NewsBaden Baden: The cycle has reasserted itself - Flandro
The reinsurance industry is grappling with the ‘most difficult renewal since 2006’, says Howden Analytics’ boss
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NewsBaden Baden: Cedants demand extra €1 billion in limit - Hannover Re
Inflation, losses and demand for additional nat cat capacity in the German market alone will see rates rise substantially
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NewsExtinction Rebellion activists target Baden Baden meeting
Meanwhile, Insure our Future puts the spotlight on the controversial East African Crude Oil Pipeline project
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NewsBaden Baden: Demand for reinsurance has never been stronger
The industry must rise to the challenges of our age, said industry leaders at the Baden Baden Reinsurance Symposium
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NewsBaden Baden: Trapped capital will further dent European capacity - Munich Re
Hurricane Ian will exacerbate Europe’s reinsurance supply and demand imbalance, further driving up rates
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NewsBaden Baden: Cedants must dramatically increase retentions
As reinsurance capacity retreats and inflation soars, insurers must be prepared to retain more risk - Swiss Re
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NewsVolante opens shop in the DIFC
It will offer a combination of treaty and facultative reinsurance across multiple lines through Lloyd’s Syndicate 1699
