News

Insurance

HSCM Bermuda unveils key executive changes to drive growth strategy

HSCM looks to enhance its investment processes as part of broader re/insurance strategy.   12 September 2022

Insurance

Ex-Prudential chief takes charge as Athora CEO post leadership reshuffle

Its former CEO has been appointed to the newly created role of president and deputy CEO.   12 September 2022

Insurance

Everest Re taps ex-PartnerRe leader for top cyber leadership role

Newly created role to ‘strategically & thoughtfully’ pump more capacity into cyber market.   12 September 2022

Insurance

Pressures of mid-year renewals to persist at 1/1: Aon

Aon’s Tracy Hatlestad suggests market pressures will continue into 1/1 but there will also be demand, and expectations of growth, that failed to materialise in 2022   11 September 2022

Insurance

Swiss Re predicts supply:demand mismatch in hurricane capacity

A significant increase in demand is on the horizon in the North Atlantic hurricane market, but there’s likely to be discord between supply and demand, says Mike Mitchell of Swiss Re.   11 September 2022

Insurance

Insurers face gaps in coverage: Aon

Insurers could face gaps in risk transfer programmes and be forced to retain more risk, particularly at lower layers, if they do not come to the 2023 renewal season very well prepared.   11 September 2022

Insurance

QBE Re is ready to share its ‘refreshed’ ambition with client base, says CUO

QBE Re, the reinsurance division of QBE Insurance Group, is displaying the fruits of its restructuring to clients in Monte Carlo.   11 September 2022

Insurance

Ransomware drives ‘interesting outcomes’ for cyber co-insurance products

The rise in cyber attacks, and specifically ransomware incidents, has brought about “some very interesting changes” for the class of cyber insurance, Daniel Carr, head of Cyber at Ariel Re, told Intelligent Insurer.   11 September 2022

Insurance

There is a surge in ESG-reputational risk demand but capital is scarce, finds Steel City Re

Demand for environmental, social and corporate governance (ESG)-reputational risk insurance is surging, but, according to Nir Kossovsky, chief executive officer of Steel City Re, there is a lack of capital available.   11 September 2022

Insurance

The gap between interest rates and inflation could be a potential wild card

The sizable gap between interest rates and inflation in many economies could represent a potential wild card that many in the industry may not have considered, Stuart Shipperlee, managing director of Litmus Analysis, an advisory firm specialising in ratings and credit risk, told Intelligent Insurer.   11 September 2022

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