All News articles – Page 33
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NewsReinsurance capital levels showing signs of recovery across 2023 – Aon
Reinsurance firms have “produced pretty good results over the last nine months,” says Aon’s head of business intelligence, as they now hope to see out the remainder of the hurricane season without a major reinsurance market loss event.
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NewsRussell Group promotes exposure analysis across aviation, marine, energy, casualty scenarios
The data and analytics firm emphasised that corporate insureds are prone to more complex threats and connected scenarios in its Monte Carlo briefing.
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NewsReinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
Data provided by AM Best showed that re/insurer’s allocation of net premium written for primary insurance had jumped from 25% in 2018 to 38% in 2022.
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NewsNew US cyber insurance loss index launched by PERILS, CyberAcuView
PERILS, the Zurich-based nat cat exposure and loss data provider, has partnered with CyberAcuView to provide an insurance database of cyber market loss data.
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NewsNon-life insurers’ profitability to lag behind cost of capital in 2023 – Swiss Re Sigma study
The elevated risk landscape calls for more frequent adjustments to underwriting practices, says Swiss Re’s P&C reinsurance chief underwriting officer.
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NewsReinsurers holding firm, hard market pressure remains – Guy Carpenter
Reinsurance broker Guy Carpenter used its pre Monte Carlo briefing to underline the continuing hard market pressure on clients and their brokers.
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NewsA new era for SCOR - interview with Jean-Paul Conoscente
The hard market will continue into 2024, thinks SCOR’s Jean-Paul Conoscente, as the reinsurer embarks on a new management era, following the sad passing of its former chairman and CEO, Denis Kessler.
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NewsThe most exciting market in my career – Guy Carpenter’s Carter
Pricing shocks, macro volatility and emerging risks in constant flux are making today’s re/insurance market at turns scary and exciting, thinks Vicky Carter, Guy Carpenter’s Chairman, Global Capital Solutions, International.
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NewsHow are insurers preparing for another hard reinsurance renewal?
With 1 January 2023 renewals the most difficult in years, how are reinsurance buyers feeling about the prospect of another hard market renewal at 1/1?
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NewsChina-Taiwan: “Astonishing” divergence of views across Lloyd’s
Political risk underwriters struggled to reach any consensus when asked by Lloyd’s to respond to a data collection exercise discussing conflict scenarios between China and Taiwan, GR can reveal. This article has been updated to include input from Lloyd’s.
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NewsMAPFRE RE focusing on stability amid market turn
Changing dynamics at renewals do not mean a major shift in the portfolio for Spanish reinsurer MAPFRE RE, which is focused on the stability of its long-term client relationships.
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NewsMcGill makes inroads with flexible fac strategy
A single P&L at broker McGill and Partners includes its expanding facultative team.
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NewsHiscox Re’s Kathleen Reardon: Leaning into the hard market
Kathleen Reardon, CEO of Hiscox Re & ILS, discusses the reinsurer’s approach to the market, following its stellar start to 2023.
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NewsCyber reinsurance market evolves but further developments crucial
Across the cyber reinsurance market there have been major strides in maturity over the past few years from the creation of sound fundamentals to innovators pushing the envelope in new ways, writes Brittany Baker, vice president of Solution Consulting, CyberCube.
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NewsAsia Pac climate, cyber, sustainability focus for the latest Lloyd’s Lab cohort
The insurtech incubator for developing innovative insurance products in the Lloyd’s market welcomes its 11th cohort of 12 startups.
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NewsReinsurers’ capital base rise and underlying RoE comfortably exceed cost of capital – Gallagher Re
Rate increases were the main driver of the continued strong premium growth of 8.7% in the first half of this year, according to the reinsurance broker.
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NewsMutualisation – essence of insurance and generator of cyber growth
Jeffrey Sirr, senior advisor, DeNexus, writes on the strengths and weaknesses of cyber mutualisation.
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NewsMAPFRE keeps top ranking in LatAm non-life
Spanish insurer MAPFRE has $6.468bn and a 6.5% market share in LatAm non-life.
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NewsLloyd’s rebounds with £3.9bn profit for H1 2023
The Lloyd’s market has released its interim results, including a combined ratio of 85.2%.
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NewsDive In: festival to focus on best practices for DE&I strategies
Event registration for the largest global DE&I event is now open with over 130 sessions in 35+ countries
