News

Insurance

Another Big 4 reinsurer leaves Net-Zero alliance; sparks fears of further exits

Analysts warn Hannover Re won’t be the last as confidence wanes in the alliance.   20 April 2023

Insurance

Navigate the complexities of underwriting commercial lines

An event exploring how insurers can use innovation to gain a competitive advantage in their commercial lines.   20 April 2023

Insurance

Nat cats go 3 for 3 in Q1 earnings season, hit Travelers with $535m bill

Nat cat costs rose 3.3x the prior year hit, including 4.1x increase in personal lines.   19 April 2023

Insurance

Ascot poaches Everest Re’s insurance CIO to lead tech strategy in US

He has held the positions of CIO at Hamilton USA, Tokio Marine North America, & Chubb.   19 April 2023

Insurance

MS Amlin makes double swoop from Ascot, AEGIS for key roles

New hires strengthen its insurance risk and compliance divisions.   19 April 2023

Insurance

Canopius to begin cannabis risk underwriting in US

The offering will be available in states where medical and recreational adult-use is legal.   19 April 2023

Insurance

US P&C faces risks on reserves, but can muster profit gain: Swiss Re

Premium growth may slow to a ‘still-strong’ 7.5% in 2023, but still lever past inflated claims.   19 April 2023

Insurance

BMS snaps up specialist broker to expand operations in Australia

The deal follows a number of acquisitions by BMS to strengthen expertise in speciality lines.   19 April 2023

Insurance

UK motor insurance costs up again in March, chasing all-time records

Severity gains ease again; only 3Y cumulative used car gains now outpace premium cost.   19 April 2023

Insurance

Reinsurance capacity on the slow mend, awaiting new profit trend: Aon

Reliance on profits for rebuilding capital adequacy could even put pressure on dividends.   19 April 2023

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