All FERMA Forum Today News

Insurance

SCOR seeks higher rates, retentions as nat cat losses erode APAC profit targets

An elongated soft market and increased catastrophe losses driven by climate change means SCOR has to work hard to meet profitability targets.   2 November 2022

Insurance

RenaissanceRe puts $372m in Q3 cat & investment losses to ILS investors

Some 35% of Hurricane Ian’s net negative impact on underwriting went to ILS investors.   2 November 2022

Insurance

Australia’s ICA launches insurer roadmap to net zero

Outlines ways to reduce emissions from underwriting, claims supply chain & investments.   2 November 2022

article

Liberty hires new head of broker management from Chubb

The executive has over 24 years of experience in the insurance industry.   2 November 2022

Insurance

Ryan Specialty buys US professional lines wholesale broker

The acquired firm was partially owned by Insurance Office of America (IOA).   2 November 2022

Insurance

Markel’s Nephila funds suffer 8.2% drop in ILS AuM on Hurricane Ian

Reinsurance cessions had risen heavily & revenues had stabilised in Q3 ahead of Ian.   2 November 2022

Insurance

Canopius to create new technology-focused roles in UK

The re/insurer to launch a new technology and data hub in Manchester.   2 November 2022

Insurance

AIG profits dampened by nat cats and lower investment returns in Q3

But its general insurance combined ratio improved 2.4 points to 97.3%.   2 November 2022

Insurance

QBE shakes up European operations management following key departure

The move broadens the remit of CIO, along with the scope of the COO role.   1 November 2022

Insurance

Ryan Specialty shuffles leadership of MGU unit to deliver ‘greater value’

Current CEO takes chairman role as CUO rises to top position.   1 November 2022

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