All News articles – Page 12
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NewsDive In: Embracing diversity and inclusion with the head of culture at Lloyd’s
The insurance industry historically could have done much better at diversity, inclusion, and reflecting the global markets it serves. Mark Lomas, head of culture at Lloyd’s, is working to correct that.
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NewsCyber market faces demand problem, needs pre-emptive approach – Intangic founder and CEO
MGA Intangic is in its second year, backed by AXA XL, and provides a pre-emptive approach to underwriting cyber risks.
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NewsReinsurers increasingly directly deploying capital into primary market - AM Best
‘It’s not an existential moment for the industry, but it does highlight that primary markets will question whether they’re getting value for money or sufficient coverage,’ says AM Best’s managing director for analytics.
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NewsNew Lloyd’s syndicate ‘pivotal’ – Carbon Underwriting
Carbon Underwriting has a new syndicate at Lloyd’s. Questions answered by Rob Crocker, its active underwriter.
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NewsCyber ‘perception gap’ exists in industry’s understanding of risks – Lockton Re
‘The possibility that you could have this sort of global outage is extremely remote,’ says the reinsurance broker’s cyber practice leader.
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NewsIGI expanding specialty treaty arm amid reinsurance market opportunities – Jabsheh
The re/insurer’s treaty business has doubled in size, particularly in London market specialty, according to IGI’s president and CEO, speaking to GR at RVS 2024 in Monte Carlo.
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NewsHannover Re: ‘Continuing trend’ of hardening reinsurance terms
The reinsurer said that there was a ‘movement towards stabilisation generally’ at its RVS 2024 briefing in Monte Carlo.
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NewsGuy Carpenter issues Global Specialties 2024 market update
Report from the reinsurance broker includes non-marine, terrorism, marine and energy, construction and engineering, aviation and aerospace, trade credit, bond and political risk.
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NewsUS casualty: Reinsurance is part of the problem – Munich Re
Reinsurers should ’stop fooling themselves’ about rate improvements in US casualty business, when this is being more than cancelled out by higher claims activity, Munich Re warned at its RVS 2024 briefing.
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NewsChanges in terms ‘as or more important’ than pricing – AM Best
Indicators are moving in the right direction and showing the positive position the sector is in, said the rating agency’s director of global reinsurance, speaking at RVS 2024 in Monte Carlo.
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NewsFitch sees stability in reinsurance market, updates sector outlook to neutral
The rating agency told the audience at RVS 2024 that it expected trends to ‘remain broadly stable’ for the next year
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NewsWPVT Rising: Q&A with Guy Carpenter’s Powell
War, political violence and terrorism questions answered by Jonathan Powell, managing director, non-marine specialty, Guy Carpenter.
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News‘No signs of social inflation abating’ – Swiss Re
Drivers include societal trends, changing behavioural norms, greater use of the legal system, and “rapid growth in settlement awards”, says reinsurer’s chief economist, speaking at RVS 2024 in Monte Carlo.
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NewsAon renewals briefing emphasises shifting market dynamics
Led by Andy Marcell led a senior leadership panel to discuss global reinsurance market dynamics as the industry heads to the Monte Carlo RVS 2024.
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NewsTime to stand out - Gallagher Re’s Wakefield
Against the backdrop of the most dramatic re/insurance market we have seen, Gallagher Re’s CEO Tom Wakefield predicts a return to a true market of differentiation for upcoming 1/1 renewals.
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NewsGR Special Edition: Monte Carlo RVS 2024
This year’s annual print edition of Global Reinsurance for the Monte Carlo reinsurance Rendez-Vous de Septembre is packed with executive interviews, news and analysis and features on the latest trends facing international (re)insurance markets. The magazine, which will be on the stands at Monte Carlo, is FREE to download here.
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NewsDiscipline holds after ‘all time high’ – Hiscox Re & ILS
Matthew Wilken, chief underwriting officer (CUO) of Hiscox Re & ILS thinks pricing discipline and fresh demand mean the reinsurance market is in “a good place” this summer. He is responsible for the reinsurance carriers’ book of more than $1bn gross premium.
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NewsThe state of the market – SCOR Global P&C’s Conoscente
North American casualty risks loom large, as do European secondary perils, despite a picture of price adequacy on US peak risks, warned the chief executive of SCOR’s property and casualty (P&C) reinsurance business.
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NewsA remarkable year for ILS, navigating capital inflows and outflows – Aon’s Schultz
Insurance linked securities (ILS) markets have reached new heights in 2024, building on a record-breaking 2023, Aside from the achievement of record new issuance, Paul Schultz, CEO of Aon Securities, highlights the ILS market’s ability to continue to grow amid the flux of incoming and outgoing capital – a symptom ...
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NewsCrowdStrike – a cyber cat of sorts
The CrowdStrike cyber incident brought retail, transportation, banking, and more to a shocking standstill. In the aftermath, what can insurers do to gain clarity on the true exposures in their books before the next Blue Screen of Death?
