News

Insurance

Investment income helped US P&C mutuals ride out cat losses: AM Best

The segment faced pressure from inflation, traditional losses, weather-related events.   4 October 2024

Insurance

KCC estimates Hurricane Helene’s insured losses at a staggering $6.4bn

Wind damage losses in Georgia are expected to surpass those in Florida.   3 October 2024

Insurance

Investing at Lloyd’s remains attractive but changes needed: Aon & LMA

The report shows ‘appetite’ from new capital sources to enter the Lloyd’s market.   27 September 2024

Insurance

Lloyd’s gives green light for Awbury syndicate to start underwriting

The syndicate will target European credit risks under PMA management.   18 September 2024

Reinsurance

Portfolio differentiation and transparency ‘essential’ in Asia: Gallagher Re MD

Navigating Asia’s competitive landscape remains challenging, despite market conditions.   26 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

A prolonged hard market and geopolitical risks are reshaping the marine market

Insurers are cautious about deploying capital, leading to an elongated hard market: Aon.   26 September 2024

Technology

French insurtech secures €1.2m funding to enhance insurance platform

It aims to scale up its gen AI services and platform for re/insurers and brokers.   4 October 2024

Insurance

WTW launches taskforce to tackle ‘complex’ digital asset risks

It aims to develop new insurance solutions in areas like physical infrastructure and Generative AI.   27 August 2024

Insurance

Helene hits over 100,000 buildings in SE US with flood & wind: ICEYE

It hit properties in Florida, Carolina, Tennessee, Georgia, Virginia, & W. Virginia.   1 October 2024

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