News

Insurance

Insures need fresh tactics to overcome 1.1 reinsurance renewal barriers: Aon

‘This is not necessarily going to be a business-as-usual renewal.’   9 September 2022

Insurance

Lloyd’s plunges to heavy loss on £3.1bn investment hit, £1.1bn Ukraine claims

The market reserved £1.1bn net of reinsurance for claims related to the war in Ukraine.   8 September 2022

Insurance

AXIS to target US wholesale market for profitable growth

Re/insurer launches new division dedicated to servicing the wholesale market.   8 September 2022

Insurance

Argo sells Lloyd’s business for $125m to sharpen focus on the US

The ‘decisive action’ follows an ongoing review of strategic alternatives to up investor value.   8 September 2022

Insurance

UK insurance regulators talk ground rules, open up for industry onslaught

Competition mandate laced throughout review, but clearly demoted from primary remit.   8 September 2022

Insurance

Reinsurers can price to beat inflation and claims drivers in ‘hardening’ market: Fitch

‘Pricing dynamics is really on a level we have not seen in a really long time.’   8 September 2022

Insurance

Lloyd's demands full pricing push to keep insurers ahead of inflation

‘The only antidote for inflation is price increases,’ says CFO Burkhard Keese.   8 September 2022

Insurance

AXIS unveils new cyber and liability cover for small, mid-sized businesses

The new policy aims to help businesses avoid potential gaps in insurance coverage.   8 September 2022

Insurance

Chaucer, Moody’s rollout ‘first-of-its-kind’ ESG scorecard for P&C insurers

The new solution to provide a ‘transparent and authentic’ approach to ESG risk assessment.   8 September 2022

Insurance

QBE expands UK financial lines leadership with senior Chubb hire

New hire to focus on PI, management liability & cyber as part of QBE’s UK growth plans.   8 September 2022

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