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European reinsurers doubling down on property cat as rates rise, reported PMLs indicate
Insurance
European reinsurers doubling down on property cat as rates rise, reported PMLs indicate
Europeans have the scale to capture the market while smaller US/Bermuda names have been pushed to de-risk.   1 April 2022
R&Q in £482m deal with top shareholder; says acquisition in ‘best interest’ following review
Insurance
R&Q in £482m deal with top shareholder; says acquisition in ‘best interest’ following review
The investor will also provide $100 million of new equity funding to the business.   1 April 2022
Lloyd’s Lab eighth cohort to focus on decarbonisation and climate change
Insurance
Lloyd’s Lab eighth cohort to focus on decarbonisation and climate change
11 insurtechs come together to address some of the most pressing issues faced by the Lloyd’s market.   31 March 2022
Insurance
Fortitude Re takes $2.1bn in equity from owner pool, shuffles funds back in advisory fees
NASDAQ-listed Carlyle eyes $50 million annual fee, can double the take to 2025.   31 March 2022
Insurance
Zurich plans for net-zero 20 years before rivals
The insurer is looking at innovative nature-based carbon removal solutions.   31 March 2022
Insurance
Marsh’s new general counsel to lead legal and compliance strategy
Before Marsh, the executive served as federal prosecutor with the US Department of Justice.   31 March 2022
Insurance
Top aircraft lessor files $3.5bn claim on Russian losses, still ahead of airline policies
Book a court date; ‘it’s reasonable to assume’ insurers will contest the sum, CFO admits.   31 March 2022
Insurance
Real estate and hospitality insurance rates show signs of pending stabilisation: Gallagher
Casualty remains jittery to nuclear verdicts; cyber remains ‘deeply distressed’.   30 March 2022
Insurance
AIG’s L&R business Corebridge starts life with Moody’s FSR A2; faces well-known market risks
Moody’s offers praise for ‘leading positions’ on key markets and ‘solid profitability’.   30 March 2022
Insurance
Billionaire fashion magnate backs Generali’s rival management plan
Generali’s third-largest investor confirms backing to give core rebel group ca 17.5%.   30 March 2022

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