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SCOR seeks higher rates, retentions as nat cat losses erode APAC profit targets
Insurance
An elongated soft market and increased catastrophe losses driven by climate change means SCOR has to work hard to meet profitability targets.   2 November 2022
RenaissanceRe puts $372m in Q3 cat & investment losses to ILS investors
Insurance
Some 35% of Hurricane Ian’s net negative impact on underwriting went to ILS investors.   2 November 2022
Markel’s Nephila funds suffer 8.2% drop in ILS AuM on Hurricane Ian
Insurance
Reinsurance cessions had risen heavily & revenues had stabilised in Q3 ahead of Ian.   2 November 2022
Insurance
But its general insurance combined ratio improved 2.4 points to 97.3%.   2 November 2022
Insurance
The move broadens the remit of CIO, along with the scope of the COO role.   1 November 2022
Insurance
Appointee has 20+ years’ experience in both the Lloyd’s and company markets.   1 November 2022
Insurance
Cover Genius is rethinking insurance distribution with a tech-forward platform, says lead investor. Cover Genius, Embedded insurance, Insurtech, Dawn Capital, Angus McDonald, Australia, Global, North America   1 November 2022
Insurance
APAC cedants are now competing for their share of a smaller reinsurance capacity pot: Gallagher Re.   1 November 2022
Insurance
Descartes is committed to ongoing innovation and diversification, creating cover for very specific risks.   1 November 2022
Insurance
You need to have alternative plans as well as experienced people in your corner to advise on a hard market strategy: Howden Reinsurance Brokers.   1 November 2022

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