Articles

Insurance

Munich Re Specialty lands new chief claims officer from AIG

The executive led AIG’s GI casualty claims and previously served at Hartford for 14 years.   31 May 2024

Reinsurance

HCI group ups limit to $2.7bn in mid-year renewal

Limit on Homeowners Choice Florida only tower rose 13%, TypTap & other by 5%.   31 May 2024

Insurance

Sompo targets mid-market tech with new UK insurance offering

The new offering includes PI, cyber, property and casualty.   31 May 2024

Technology

RSA draws banking data transformation expert to ‘press accelerator’ on strategy

The exec has worked Danske Bank, Deutsche Bank, BNP Paribas, RBS and Barclays.   31 May 2024

Reinsurance

Universal cuts limit at mid-years, dabbles in multi-year cover

Rate on line bumps by a ‘modest’ 1.2 points as Universal shifts out of public programme.   31 May 2024

Risk Management

Nat cats, cyber cats and kittens: updating our view of cyber risk

Most cyber attacks won’t be systemic, so we need to reframe our view of risk to untap its potential, says Howden Re.   31 May 2024

Insurance

No price fighter: AIG eyes high-margin growth in specialty, E&S property

‘Not all property is created equal,’ and AIG claims a line on the lone ‘true’ hard market.   30 May 2024

Insurance

Australian giant IAG hit with class action over ‘misleading’ pricing discounts

The class action alleges it inflated premiums; IAG vows to defend.   30 May 2024

Reinsurance

Property cat cleared 6.1 on 5% rate cut, capacity greases upper layers

Early and organised treaty renewals opened the door to raw increased retro: Howden Re.   30 May 2024

Reinsurance

Leadership shuffle at RGA, ex-AIG steps in to replace long-serving CFO

A 30-year RGA veteran to retire; new CFO joins from American Equity with AIG/Goldman Sachs pedigree.   30 May 2024

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