News

Insurance

Lloyd’s, Tokio Marine exit net zero group after Europe’s Big Four

QBE, Sompo, Allianz, AXA, SCOR and Swiss Re left the alliance last week.   30 May 2023

Insurance

Marsh McLennan’s Guy Carpenter makes major M&A move in Israel

The strategic move positions the combined entity as leading reinsurance broker in Israel.   30 May 2023

Insurance

Ariel Re lures AXIS Re CUO to capitalise on hardening property market

The executive rejoins Ariel Re in a newly created role of chief capital officer.   30 May 2023

Insurance

State Farm halts new business in California on runaway costs & cats

Construction costs, cats and wildfire plus reinsurance costs eclipsed California rate adequacy.   30 May 2023

Insurance

SIRC 2023: ‘(Re)insurance Reset’ to take centre stage at 19th SIRC

The 19th Singapore International Reinsurance Conference (SIRC) will be held as an in-person event.   29 May 2023

Insurance

Helios slips to 2022 loss, but grows capacity to sweep up hard market

The group may bring in third-party capital by 2024 to support its ongoing drive for capacity.   26 May 2023

Insurance

IGI steps up to hard market harvest after proving patience in 2022

‘Everybody knew’ what damage reinsurance would do 1.1, yet ‘very few’ chose to pre-empt.   26 May 2023

Insurance

Industry veteran Michael Wade appointed at Lloyd’s Helios and Mitsui Sumitomo

Wade appointed as Helios chair, also chairs Howden Tiger Capital Markets UK.   26 May 2023

Insurance

How brokers can grow in a hard market: Inver Re’s Hearn

In an ideal realm, brokers would hold a steadfast position regardless of market conditions. But the reality paints a different picture, says Steve Hearn, CEO of Inver Re, speaking ahead of Re/insurance Outlook Europe 2023, a conference taking place in Zurich in June.   26 May 2023

Insurance

Allianz, AXA, QBE, Sompo resign: industry net zero initiative on brink of collapse

Six of the eight founding members and more have already called it quits.   26 May 2023

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