Articles

Insurance

Warren Buffett’s Berkshire hit by whopping $44bn loss on market headwinds

The conglomerate suffered a $53bn loss on its investments in the second quarter.   8 August 2022

Insurance

US insurance jobs on the rise in July, approach pre-pandemic totals

Third month of gains for P&C carriers as rebound from Oct.’21 pandemic low takes root.   8 August 2022

Insurance

HDI unit invests in AI-powered spacetech startup LiveEO

The company has secured €19m funding and public sector backing for its technology.   8 August 2022

Insurance

Why your smaller solicitor clients need professional indemnity insurance

Law firms have to assess themselves and purchase a level of PI commensurate with their own risk exposure. James Graham of Travelers explains how it works.   8 August 2022

Insurance

Allianz pads reserves as claims inflation beats estimate to hit 6%

‘Rating increases are going to be even more pronounced,’ CFO says of H2 remedies.   5 August 2022

Insurance

AGCS can hold newly attained profitability through inflation wave: CFO

Rate gains outpace inflation, securing newly achieved 95% combined ratio moving forward.   5 August 2022

Insurance

London Market packs inflation fear into reserves, denies current impact

Hiscox Beazley & Markel pad reserves as inflation loading rises as key Q2 earnings theme   5 August 2022

Insurance

Talbot veteran launches product recall MGA backed by Chaucer capacity

It is the third MGA launched under the NuVenture umbrella after Nivante and Hoxton.   4 August 2022

Insurance

Hannover Re ups growth targets as inflation drives hard market

Reinsurer took 4% risk-adjusted pricing over inflation in H1 plus ceding commission relief.   4 August 2022

Insurance

Global insurtech funding falls more than 50% y/y despite rebound: Gallagher

Analysts believe the dip in valuation could lead to insurtech M&A and divestitures.   4 August 2022

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