News

Insurance

Lockton beefs up crisis management unit with key appointments

They are set to enhance support in time of ‘significant uptick in frequency of crises events’.   25 April 2024

Insurance

WR Berkley adds Q1 margin on ca. 11% top line growth

Berkley moved heavy into short-tail in primary insurance plus a big gain in property re.   23 April 2024

Insurance

Fidelis Partnership taps Howden Re head of casualty fac

The new appointment steps in as head of capacity and ceded reinsurance.   23 April 2024

Reinsurance

Munich Re claims big Q1 earnings beat as major claims go absent

The P&C reinsurance combined ratio came in more than 4pts below consensus.   23 April 2024

Insurance

Liberty Mutual reinsurance goes global with parametric earthquake offer

Site-specific sensor-based trigger should cut payment uncertainties and speed payouts.   23 April 2024

Insurance

Near-term, UK cyber rates may slide; mid-term it’s anybody’s guess: AJG

Capacity says rates must go down, unknown unknowns say rates could go anywhere.   22 April 2024

Insurance

Airlines had $8bn in aircraft assets at-risk in Dubai airport flooding

Emirates leads the list with nearly 70% of the 190 aircraft on the ground at its home hub.   22 April 2024

Insurance

Insurers have paid ¥74.4bn to end-March on Noto earthquake

To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.   22 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

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