News – Page 62
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Gallagher Re launches Gallagher Research Centre
Led by Dr Tina Thomson as global head of research, the GRC is a hub for academic, research and other institutions
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All in this together
Guy Carpenter’s Julian Enoizi speaks to GR about the critical role of public/private partnerships in achieving greater societal resilience
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Lloyd’s presents heartfelt tribute to the late Queen
”We were lucky to call her a friend and a regular visitor to Lloyd’s” says Bruce Carnegie-Brown as Lutine Bell rings in her honour
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S&P: Lloyd’s strong underwriting performance overshadowed by investment losses
Rating agency expects Lloyd’s underwriting results to remain in line with a 95% net combined ratio for year-end 2022
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Fitch maintains neutral outlook for reinsurance sector
Despite increasingly challenging macro financial headwinds, global reinsurers have improved GWPs and combined ratios
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Don’t expect a ‘business-as-usual’ renewal, warns Aon
The broker urges reinsurers to adjust their risk appetites and tells buyers to get creative as market dislocation continues
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Argo Group announces sale of Lloyd’s Syndicate 1200 to Westfield
The $125m sale advances Argo’s objective of becoming more US-centric, says CEO Bradley
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AM Best puts US personal lines sector on negative
Rising reinsurance rates, shrinking capacity, inflation and secondary perils are putting primary carriers under pressure
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Monitoring catastrophe events from space
Rafal Modrzewski, CEO and co-founder of ICEYE, explains how advances in data are opening up new industry possibilities
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Lloyd’s reports H1 COR of 91.4%, despite Ukraine loss reserving
Market reveals a net investment loss of £3.1 billion for the first half, contributing to an overall loss of £1.8 billion
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Reinsurance market reaches ‘a tipping point’ - Howden
Risks are escalating as the world lurches from one crisis to another, bringing about a fundamental shift in supply and demand, warns broker
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Inflation will drive huge demand for cover - Guy Carp
It’s time for reinsurers to “lean in” and deploy more capacity, urged the reinsurance broker in its pre-RVS briefing
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SiriusPoint names Scott Egan CEO
He was most recently the chief executive of Royal Sun Alliance (RSA) UK & International
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PartnerRe names Abina Kealy new CFO
She succeeds Nick Burnet, who will be leaving the Company to pursue other opportunities
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Cat bond market grows to $36 billion - Aon
If current activity levels continue, ILS market issuance figures could rival the record calendar year issuance in 2021
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Howden RE and TigerRisk to create mega MGA business
Howden Tiger SabRE will become an MGA/Programme broking group with over $6 billion of premium
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Global reinsurers about to turn a corner - S&P
But the sector remains negative, reflecting the rating agency’s expectations of credit trends over the next 12 months
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GR Main Edition 2022: Disrupting the Oligopoly
As market practitioners prepare to meet once again in Monte Carlo, the current headwinds are undoubtedly challenging… but they are not insurmountable.
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Rise of the underdog
David Howden has long had ambitions to be a top player in reinsurance broking, and he is finally in a position to take on the ‘Big Three’
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TigerRisk expands ILS team
Based in New York, Mitchell Rosenberg will report to Philipp Kusche, Global Head of ILS & Capital Solutions.