Articles

Insurance

European insurers exposed to weather, hemmed in by inflation: Moody’s

Risk retention rose 10% on average for most catastrophes, more for low frequency events.   20 February 2024

Insurance

US surplus lines grew 14.6% in ’23; Florida property leads gains

California settles into low single-digit growth on pullback across liability lines.   19 February 2024

Insurance

Large pan-Asian insurer mulls stake sale with $10bn valuation; parent reacts

The move comes after a delayed initial public offering (IPO).   19 February 2024

Risk Management

Swiss Re, Greenlight Re, Chaucer back start up to promote responsible AI

‘AI has huge potential to drive growth, but only if it is accurate and dependable.’   19 February 2024

Insurance

Google names new global head of insurance for AI-driven era

The former Deloitte/Capgemini exec starts ‘next chapter at Google Cloud’.   19 February 2024

Reinsurance

Everton buyer’s reinsurance arm hit with rating downgrade

777 Re suffers second downgrade on ‘material decline’ in capital ratio.   19 February 2024

Reinsurance

Reinsurers cancel P&I club war risks off Yemeni-Somali coasts

American Club and Shipowners pushed cancellations onto member covers from February 20.   19 February 2024

Technology

Ardonagh Specialty moves all lines of business to Verisk’s Whitespace

The broker claims it is a significant step for the market.   19 February 2024

Insurance

Aventum strengthens focus on Asia with key appointment

The speciality broking business seeks to develop partnerships across Asia.   19 February 2024

Risk Management

ERS appoints new head to manage insurance fraud strategy

The appointee has over 10 years’ insurance fraud experience at Hastings and Admiral.   19 February 2024

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