News

Insurance

Munich Re takes inside lane in reinsurance hard market final stretch

Munich Re matches top growth at peak after avoiding greatest reserve volatility at trough   26 May 2022

Insurance

Self-graded exams: Insurers said to have low-balled 2016-19 loss picks

Discretionary reserve accounting likely left some claims to be atoned for   26 May 2022

Insurance

Everest Re looks to rival for ‘seasoned’ investor relations leader

The executive formerly worked at Axis Capital, AIG and Willis Towers Watson.   23 May 2022

Insurance

IGI worked claims & rate to hack 12 points from Q1 combined ratio

Q1 GWP rose 27% on ‘robust’ rate gains, seen still ‘favourable for the foreseeable future’.   20 May 2022

Insurance

Here to stay: Amwins doesn’t expect a soft market any time soon

High cat losses and climate change have combined with social changes and regulatory issues to bring the most sustainable hard market that Amwins’ head of underwriting has ever seen.   20 May 2022

Insurance

Claims inflation could outrun US home & property pricing power: Moody’s

4M YTD repair & replacement inflation way ahead of market capacity to swallow new rate   19 May 2022

Insurance

Starr expands in ‘fast-growing’ Asian market via acquisition

The insurer seeks to recruit and develop local insurance talent.   19 May 2022

Insurance

FedNat parts ways with CFO as losses loom; wants to become ‘much smaller’

The insurer fell to $31m+ loss in first quarter, gross premiums decreased almost 21% y/y.   18 May 2022

Insurance

Arch joins leading Lloyd’s insurers on market transformation project

Beazley, Brit, Chaucer, Hiscox, Liberty and Markel are the founding members.   17 May 2022

Insurance

Ukraine & nat cat overtake all but one Big Four reinsurer Q1: Fitch

‘We expect new business underwriting margins to stabilise for the remainder of this year.’   16 May 2022

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