All reinsurance articles – Page 12
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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
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NewsRising 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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NewsArgo 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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NewsRe/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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NewsAntares 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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NewsInsurtech 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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NewsSadlier 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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NewsCOP27: 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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NewsMarsh 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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NewsRush 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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NewsPartnerRe reports Q3 net loss of $387m
Non-life combined ratio climbs above 100% for the quarter as Hurricane Ian contributes to $381m in losses
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NewsBlink Parametric enters Pakistan with Salaam Takaful Limited
Agreement strengthens strategic partnership with Lloyd’s broker MNK Re with real-time flight solution an initial launch product
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NewsSCOR reveals Q3 net loss of €270m
Hurricane Ian drove nat cat losses of €517m in Q3; reinsurer boosted reserves in anticipation of inflationary impacts
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NewsLondon’s Islamic aspirations move closer with MOU
London is looking to Indonesia to help create opportunities around Islamic insurance and diversity
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NewsRare hurricane set for east Florida landfall
Nicole is expected to intensify to a category 1 storm as it approaches the east Florida coast so late in the season
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NewsMunich Re posts Q3 profit of €527m
Reinsurer is maintaining its annual guidance of €3.3 billion, despite property casualty losses of €2.3 billion in Q3
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NewsApollo partners with Envelop Risk for cyber reinsurance
Envelop Risk is a cyber reinsurance MGA with an ambition of establishing a platform within the Lloyd’s market
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NewsSean McGovern announced as new chair of the LMG
Liberty Mutual Global Risk Solutions’ Matthew Moore will step down at the end of his three-year tenure
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NewsPRA fines MS Amlin £10m for risk and governance failings
Re/insurer failed to ’embed a strong or effective risk culture within the business’, finds UK regulator
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NewsThree ways of increasing cyber insurability - sigma
There is currently a protection gap of around 90% due to the uncertain nature of systemic risk
