News

Insurance

Munich Re holds FY’22 target after €1.6b Hurricane Ian hit

One-off FX gains in Life & Health pad the Q3 take; P&C Re combined ratio target up 3 pps.   8 November 2022

Insurance

Cat bond funds start to scratch back Hurricane Ian losses

Dollar-denominated fund class ended with 0.4% weekly gain, now down 6.2% from Ian.   8 November 2022

Insurance

Net-zero ‘too far down’ leadership agendas, says Zurich

Market turbulence ‘overshadows’ climate and cyber risks, finds survey   7 November 2022

Insurance

‘Limited’ cyber insurability needs ‘novel’ approach, says Swiss Re

Loss uncertainty and evolving risk ‘restrains market capacity’.   7 November 2022

Insurance

Ardonagh unit buys UK firm to meet clients’ needs in hardening market

The acquisition will further broaden Ardonagh Advisory’s range of services in the UK.   4 November 2022

News

Inflation, nat cat, war and COVID add up to acute renewal

The market is now experiencing a confluence of grey swans, says Howden Broking’s David Flandro.   4 November 2022

Insurance

AIG appoints former Goldman Sachs/Credit Suisse and GE leaders to board

The insurer’s lead independent director has decided not to stand for re-election.   4 November 2022

Insurance

Hannover Re & Munich Re could combine forces on PE investments

Sides may be a mere regulatory nod away from joint PE investments in Q4 2022.   3 November 2022

Insurance

Hannover Re can hit 2022 targets even as Ian submerges large loss budget

Hannover Re books €276m on Ian after underweighting Florida, but FY budget now exceeded.   3 November 2022

Insurance

Hamilton picks Munich Re veteran for specialty leadership role in US following departure

Appointee to serve as CEO of US E&S insurer Hamilton Select.   3 November 2022

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