Severe weather means the German reinsurer anticipates further price increases and improved terms at January renewals.
As its role as a leading reinsurance market hub continues to evolve, what’s next for the DIFC? And what can the experiences of other reinsurance hubs around the globe teach us? Our breakfast discussion at Monte Carlo’s Rendez-Vous de Septembre 2024 sought to find out.
Many people are still getting their heads around what artificial intelligence means. Perceptions of it vary considerably, for a technology based on data and certainty, with plenty of uncertainty about how its insurance industry rollout should proceed, Aaron Wright, director of Strategy, Earnix, tells GR.
Hurricane Milton will cost insurers and reinsurers somewhere in the range of $22-$36bn, according to Moody’s RMS Event Response.
Hurricane Milton hit south of Tampa, making landfall in Siesta Key and South Sarasota around on 9 October as a Category 3 hurricane.
The insurance and reinsurance broker appoints former CEO of the London Market Group Clare Lebecq as its chief operating officer.
Two new senior leadership roles in the US for reinsurance broker Aon.