Articles

Insurance

Argo slips to Q3 loss after asset sales, claims growth in rump business

Earned premiums rose ca. 13.1% in the ongoing US business lines not hit by disposals.   8 November 2022

Insurance

Munich Re says Ian’s just another Hurricane; no impact on cat appetite

Property cat remains ‘one of the most profitable lines of business and that has not changed.’   8 November 2022

Insurance

Munich Re runs inflation-free; ongoing reserve review should be neutral

No price pressures visible outside of motor; forward inflation already in the rates.   8 November 2022

Insurance

Ascot plucks two AXA XL inland marine leaders for own US portfolio

Ascot’s inland marine offer should complement existing product lines.   8 November 2022

Insurance

Sub-tropical storm Nicole grows into broad-swath hit to US east coast

Storm duration ‘will be lengthy and noteworthy, more so than the severity of conditions.   8 November 2022

Insurance

Munich Re holds FY’22 target after €1.6b Hurricane Ian hit

One-off FX gains in Life & Health pad the Q3 take; P&C Re combined ratio target up 3 pps.   8 November 2022

Insurance

Net-zero ‘too far down’ leadership agendas, says Zurich

Market turbulence ‘overshadows’ climate and cyber risks, finds survey   7 November 2022

Insurance

Berkshire Hathaway auto unit Geico slips to ever-deeper Q3 loss

Inflation & frequency drive claims; departing clients suppress top line.   7 November 2022

Insurance

Berkshire Hathaway suffers $3.4b hit on Hurricane Ian for insurance loss

P&C reinsurance escapes the noose: rate & reserve adjustments deliver slim Q3 gain.   7 November 2022

Technology

Know the facts about cyber threats

Knowledge of what’s true—and what isn’t—about cyber insurance can help you protect your clients’ security, says Chris McMurray, cyber lead at Travelers Europe.   7 November 2022

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