All reinsurance articles – Page 13
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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
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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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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
