News

Insurance

Interest rates and volatile equity markets make Chinese insurers wary

Tighter expense control and operating efficiency now a priority for Chinese insurers.   24 September 2024

Reinsurance

MENA reinsurance capacity strong, but market changes threaten volatility

Reinsurers must accurately forecast inflation, adjust premium rates and reserves: AM Best.   30 September 2024

Insurance

Taiping Reinsurance continues its expansion; earns stable rating

AM Best has affirmed the Financial Strength Rating of A (Excellent) of Taiping Re.   24 September 2024

Reinsurance

Sub-Saharan reinsurers grapple with capacity despite growth outlook

Local reinsurers can't tackle it alone, especially on big property & energy risks: AM Best   25 September 2024

Insurance

Boris to inflict up to $2.2bn in losses, eased by enhanced flood defences

The Czech Republic will take the biggest hit, with Austria and Poland not far behind.   26 September 2024

Insurance

Reinsurers eye double-digit US casualty hikes at 1/1 renewals: Fitch

Casualty reserves will stay weak, but most reinsurers should cover with their earnings.   17 September 2024

Insurance

Moody’s raises AXA outlook on earnings improvement

AXA SA’s rating outlook has been revised from stable to positive.   20 September 2024

Insurance

MGU Fidelis secures $2bn refinancing deal to fund growing GWP

It plans to expand its presence and grow its Pine Walk MGA platform to over $1 billion in GWP by 2025.   23 September 2024

Insurance

Delegated business must ‘course-correct’ to avoid suboptimal underwriting: Lloyd’s

$200m in new gross premiums are expected from cover holders/syndicates in 2024.   20 September 2024

Reinsurance

Hard market could be ending but picture is nuanced: Fitch

Monte Carlo briefing points to the wide spread of factors influencing market.   9 September 2024

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