All News articles – Page 49
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Insurance 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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Insurers 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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AXA XL appoints head of Cyber, UK & Lloyd’s
She previously held cyber leadership positions in Aon Cyber Solutions
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Digital syndicate Ki appoints underwriter
Marsh joins from Sompo International, where she held the role of International Casualty Treaty underwriter
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IDF 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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Liberty Specialty Markets names Rachel Conran CUO
She most recently served as chief executive officer and board member of RSA Luxembourg
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Call 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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Ludlow 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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S&P downgrades SCOR to A+ (stable)
Reinsurer is a “negative outlier relative to close peers” with financial results “below expectations”, states rating agency
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Gulf Business News: DIFC, Global Ethical Finance Initiative join hands to support COP28 agenda
DIFC and GEFI aim to drive change across the world’s financial industry relating to delivering net zero, unlocking Islamic finance, financing nature and biodiversity, and financing sustainable development goals
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Rising interest rates a “silver lining” for insurers
Despite a looming recession, insurance premium growth will rebound in 2024 as interest rates rise - sigma
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Argo engages Goldman Sachs in hunt for buyer
The company is urging support from shareholders as it embarks on a ‘strategic alternatives process’
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Re/insurers providing $5.5 trillion a year in resilience protection
The Geneva Association sets out how the industry can do more to promote social sustainability and close protection gaps
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Antares Bermuda receives approval to write Lloyd’s business
This will allow it to write Lloyd’s business on behalf of Antares Syndicate 1274 from Bermuda
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Insurtech investment hits $2.35 billion in Q3 as appetite returns
There is a growing realisation that incumbents are to be supported, not displaced - Gallagher Re
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Sadlier takes the helm at Artex Risk Solutions Cayman
Artex also announced the appointment of Silvanous Inyangala as director of Risk & Compliance
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COP27: Covea, Hiscox and RSA commit to ‘Build Back Better’
Investing in property level flood resilience measures lessens the impact of future flooding - Flood Re CEO
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Marsh Specialty's Kolodner to lead Global Renewable Energy
He succeeds Hamish Roberts, who has taken on a new role as Marsh’s UK & Ireland Specialty Growth Leader
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Rush of ‘total loss’ Ukraine marine claims expected
The full value of vessels trapped in Ukrainian ports could be as much as $800m to $1 billion
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PartnerRe reports Q3 net loss of $387m
Non-life combined ratio climbs above 100% for the quarter as Hurricane Ian contributes to $381m in losses