Articles

Insurance

Sompo adds C-suite pay cuts in ongoing response to auto claims fraud

Five group level C-suite officials will surrender 20-50% of pay across 3 to 6M periods.   29 February 2024

Reinsurance

Munich Re suffers P&C Re margin slide in '23 on ‘claims uncertainty’

The group believes 2024 will more than recoup the two combined ratio points it lost in 2023.   27 February 2024

Insurance

Specialty aviation draws capacity, but can’t soften all lines

Airline covers are hording the benefits of new capacity; hull war & AVN52 a mixed bag.   27 February 2024

Risk Management

Miller enters parametric game with Mastercard insurance director

The specialty broker has established a parametric insurance division.   1 March 2024

Insurance

AXIS unveils key appointments in strategic leadership shifts

The appointments include chief commercial officer and new chairman.   1 March 2024

Insurance

Markel won’t lean property after market hardening and casualty woes

Property risks will go through Nephila ILS as Markel prefers fee income to ratio points.   26 February 2024

Reinsurance

Global players most recognised for innovation in LatAm

The survey reveals acknowledgement of pioneering work by regional companies in Brazil, Colombia and Mexico.   1 March 2024

Insurance

Fidelis won’t shift out of high gear in ’24; property D&F in focus

To date in 2024, Fidelis has yet to see any let up in hard market across its lines.   1 March 2024

Insurance

How realistic are insurance growth prospects in Latin America?

Eduardo Recinos Schonborn at Fitch Ratings compares insurance penetration, risk exposure and multiple economic factors to identify true growth opportunity in the region.   1 March 2024

Insurance

Aon’s aviation veteran to depart

Mike Smith to retire after 35-year career in aviation broking.   1 March 2024

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