Articles

Insurance

Hurricane Francine insured losses to hit low billions

Losses to be ‘manageable’ for primary carriers but may rise with ongoing heavy rainfall.   13 September 2024

Reinsurance

ABIR members posted bullish results last year as market diversifies

A significant Bermuda contingent of ABIR members will attend the Rendez-Vous de Septembre this week.   7 September 2024

Reinsurance

Bermuda reinsurers enjoy boost due to Bermuda corporate tax

The CIT Act of 2023 will impose a 15% corporate income tax rate on some businesses.   10 September 2024

Insurance

Tokio Marine bolsters APAC marine underwriting with former Chubb hire

Appointee to deepen the company’s presence in target markets across Asia.   12 September 2024

Reinsurance

Property market to surge with capacity at 1/1 2025 renewals: Aon

Despite softening rates, reinsurers are expected to hit target ROEs with average losses.   9 September 2024

Insurance

Key actions by insurers can address coverage gaps amid a changing climate

The provision of products to deal with climate risk: Guy Carpenter’s Katy Reyner & Sandra Hansen.   11 September 2024

Insurance

CRC strengthens North American operations with triple hire

The strategic expansion aims to boost its support for retail agency clients nationwide.   27 August 2024

Insurance

Arch in ‘transformational period of growth’ appoints seasoned executives to board

The executives currently lead a Fortune 500 company and a university nonprofit.   28 August 2024

Reinsurance

The market has found a new equilibrium

The real challenge for the insurance industry is how to close the protection gap and become even more impactful in our societies, says Johannes Martin Hartmann of VIG Re.   8 September 2024

Insurance

Industry still underestimating climate risk: Descartes CEO Touffut

‘The uninsured losses are growing faster than the insured losses.’   11 September 2024

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