News

Technology

Parametric technology: The key to unlocking reputation risk Insurance?

Moral hazard has stalled progress in reputation risk insurance, but parametric solutions could help insurers meet growing demand and seize new opportunities.   12 December 2024

Reinsurance

SCOR sees double digit P&C growth in 2025 in diversification drive

Diversification plays are well ahead of target after 9M’24; nat cat still anathema.   12 December 2024

Insurance

Lloyd’s Syndicate Ki to break away from Brit, standalone within Fairfax

Brit says Ki has reached scale and will become a separate company on Jan 1, 2025.   12 December 2024

Insurance

Allstate wants to go for growth, but still won’t touch major markets

California, Florida & New Jersey remain anathema; New York ‘kind of’ open for business.   12 December 2024

Reinsurance

Aon and European Bank launch €110m war risk facility for Ukraine

The scheme will initially cover transport and vehicle risks, with potential for expansion.   12 December 2024

Insurance

BMS Group swoops on Spanish broker to boost surety expertise

The broker, with LatAm subsidiaries, provides surety, credit, and risk management solutions.   12 December 2024

Insurance

CFC eyes Australian growth with senior appointment

New hire aims to tackle a ‘glaring gap’ in cyber cover in the Australian market.   12 December 2024

Reinsurance

Property-cat reinsurance-retro rates may drop 10% at 1/1

Further declines likely at mid-year 2025 renewals, depending on directions set 1/1.   11 December 2024

Insurance

Hypothetical future pandemic could cost global economy $13.6tr: Lloyd’s

It said the insurance industry is ‘well-equipped’ to help prepare for future pandemics.   11 December 2024

Insurance

Talanx corporate & specialty will outpace group in new profit pursuit

A roughly 5 point beat to market on costs is being pumped back into the growth pursuit.   11 December 2024

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