Articles

Insurance

AIG suffers Q2 margin slippage, underwriting profit down 26% y/y

Rate over loss trend in NA commercial cheers as cats & reserves hit overall margin.   2 August 2023

Insurance

Allstate slashes Florida reinsurance, rebuilds US core tower piecemeal

Florida limits down by a third; traditional contracts down by nearly half.   2 August 2023

Insurance

Lockton Re expands CyberCube partnership to include exposure databases

It says the dataset offers opportunities for alternative cyber reinsurance.   2 August 2023

Insurance

Stephen Catlin’s Convex invests €20m in clean ocean fund

Convex sees investing in sustainable blue economy as ‘vital’ in fight against climate crisis.   2 August 2023

Insurance

Sompo nabs Berkshire professional lines leader with WTW/AIG pedigree for Asia

It is first in a series of senior hires for expanding commercial insurance business in Asia.   2 August 2023

Insurance

Meta Pixel: the tiny fragment of code causing big concerns

Litigation around sneaky third-party tracking tools may just be the tip of a larger risk iceberg, warns Dan Fox, senior underwriter for cyber at Markel International.   2 August 2023

Insurance

Chubb hiked retentions but held limit in cat reinsurance treaty

The overall cut in reinsurance coverage runs against a 17% hike in long-odds PML.   1 August 2023

Insurance

UK flood risk pool Flood Re names successor as founder plots Sept. exit

New chair is known from public infrastructure, utilities, financial services, and transport.   1 August 2023

Insurance

KYND appoints former Munich Re exec as adviser

The new recruit will offer strategic counsel to KYND's executive team.   1 August 2023

Alternative Risk Transfer

Vesttoo cuts staff to ‘regain our footing’ from collateral fiasco

The firm must ‘return its focus to core services’ and slash costs for survival.   1 August 2023

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