News

Insurance

Satellite data drives parametric demand: Excessweather

Parametric products can be a better fit than traditional covers for many parties.   7 September 2024

Insurance

Casualty capacity one of top concerns as execs expect to grapple with rates and T&Cs

Rates and terms and conditions are again expected to dominate discussions this conference season in the run to the year-end renewal.   7 September 2024

Reinsurance

Fitch has revised its outlook for the reinsurance sector from improving to neutral

The ratings agency said reinsurers’ profits should be resilient in 2025.   7 September 2024

Insurance

Aggregation risk makes carriers cautious in growing cyber market

More than 300 carriers are now writing cyber business and enjoying the growth it is delivering. But aggregation threats make many carriers cautious of overcommitting.   7 September 2024

Insurance

Casualty lines, geopolitical risks and rising cat losses should all concern industry: Howden

Growing challenges in casualty lines, emerging geopolitical risks and rising nat cat losses in Europe are concerns identified by Howden in a report.   7 September 2024

Insurance

McGill bolsters C-suite with ex-Aon/Gallagher veteran hire

The appointee will succeed a co-founder who held the interim role since January 2022.   6 September 2024

Reinsurance

Brit CR improves to 80.5%, despite drop in premiums and net profit

CEO says its ‘balanced portfolio’ positions company well to benefit from underwriting in H2.   6 September 2024

Insurance

Resilience makes key leadership hires to accelerate growth

Appointees include new global head of claims.   6 September 2024

Reinsurance

Fitch revises reinsurance outlook to ‘neutral’ as market has started softening

Property rates face downward pressure, while casualty pricing is expected to rise due to US risk concerns.   6 September 2024

Reinsurance

Rokstone snags Lloyd’s underwriter to bolster D&F property team

Appointee spent 15 years at Chaucer as a class underwriter for international property D&F.   6 September 2024

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