News

Insurance

UK motor rates up, but well off pace to retain margins in new regime

New business rate growth accelerates to 6.4% by March, 20% needed in FY.   14 April 2022

Insurance

Swiss Re vows to promote women in leadership roles, 30% at board level

The reinsurer aims to achieve this target within a year.   13 April 2022

Insurance

Nordic insurers deft at jumping the gun in race against inflation

Sampo, Tryg, Topdanmark and Gjensidige praised for ‘persistent rational pricing environment’.   13 April 2022

Insurance

Marine P&I reinsurance rates taper at renewal despite feared losses

‘Felicity Ace’ car carrier, Repsol oil spill & ‘Deepwater Asgard’ could still cause pain.   12 April 2022

Insurance

US P&C insurers defy nat cat; double profit in 2021 on premium rebound

Berkshire Hathaway, Allstate & Progressive drive premiums on return to normal for auto.   11 April 2022

Insurance

Tokio Marine’s GCube unveils major global expansion in renewable energy

GCube sees rapid growth and ‘significant investment’ pouring into projects across key territories.   11 April 2022

Insurance

Sompo International launches new office in Tokyo with AIG veteran

The re/insurer seeks to build a ‘One Sompo’ market approach across all lines of business.   11 April 2022

Insurance

Korean Re ups 2021 net profit on decline in claims, reduced retrocession

Korean Re’s own reinsurance purchases fell by 4.7% y/y.   8 April 2022

Insurance

MS Amlin and Hydor launch commercial P&I insurance trade body

The world of P&I insurance is very complex with a myriad of stakeholders   8 April 2022

Insurance

Swiss Re likes nat cat; eyes double digit premium growth in 2022

Strong modelling gives confidence to focus on XoL; ILS capacity says sky’s the limit.   7 April 2022

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