News

Insurance

Investment in reinsurance pays off: Howden

Howden’s merger with TigerRisk, expected to complete in Q1 2023, is a source of excitement across the company.   2 November 2022

Insurance

Beazley grows in spite of COVID

In such a disparate region a one-size-fits-all approach will not do, say execs.   2 November 2022

Insurance

Many reinsurers ‘still firming up’ their 1/1 strategies: Aon

Hurricane Ian is making an already complex market even harder, but capacity will be available in Asia-Pacific—at the right price.   2 November 2022

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

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

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