All News articles – Page 88
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NewsSwiss Re reports $248m Q1 net loss
Results reveal impact from the war in Ukraine, nat cat losses and financial market volatility
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NewsHannover Re reveals ‘higher than expected’ losses in Q1
The reinsurer’s combined ratio in property and casualty reinsurance increased to 99.5%
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NewsHow climate change will shape offshore exposures
Climate change puts offshore energy and shipping sectors under increasing pressure - Chaucer
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NewsAustralia’s 2022 flood costs break previous records
Floods in February and March are estimated to have cost $3.35 billion in insured losses
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NewsFlorida property insurers under “immense pressure”
Elevated reinsurance costs, coupled with higher loss and litigation costs, are challenging Florida property insurers - AM Best
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NewsQBE launches US specialty casualty re/insurer
Hires team from Berkshire Hathaway to lead new unit, headed by Karen London
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NewsNet Zero could double size of London market
Supporting insureds on their transition journeys could generate $125 billion by 2030 - LIIBA
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NewsAntoine Gosset-Grainville succeeds Duverne as AXA chair
Denis Duverne is stepping down after seven years; Thomas Buberl remains chief executive
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NewsAxis CEO refuses to be drawn on sale rumours
Benchimol sidestepped questions over the rumoured sale of the firm’s $3 billion reinsurance unit
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News‘Stagflation’ is back, warns sigma
Claims inflation is expected to affect non-life insurers’ profitability in 2022, leading to further market hardening in 2023
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NewsLancashire reveals Ukraine net losses up to $30m
Points to potential exposures within political violence, aviation, marine and specialty reinsurance classes
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NewsAxis reveals 45% drop in cat reinsurance premium
Rumours of a sale of the firm’s reinsurance arm come as it reduces exposure to catastrophe lines
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NewsAre you ready for the SEC climate rules?
Publicly-listed firms will be compelled to report on third party climate risks as well as their own
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NewsMarkel reveals Q1 investment losses
The reinsurance company saw an improvement in its combined ratio despite losses relating to Russia-Ukraine
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NewsLockton names Hentenaar European CEO
He replaces Chris Brown, who is taking on the newly-created role of president, Lockton International
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NewsCommercial rates rise for the 18th consecutive quarter
Hard market is beginning to moderate but inflationary pressure could impact pricing going forward - Marsh
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NewsILS a key solution to climate crisis - MAS
21 ILS transactions have been launched in Singapore since 2018, including a growing number by Asian cedants
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NewsVantage enters US cyber insurance market
Andrew Lea has joined from CNA Insurance to underwrite cyber liability, tech E&O and professional liability risks
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NewsSwiss Re enters Lloyd’s Lab
The reinsurer has entered the accelerator’s eighth cohort with an ESG proposition
