Articles

Insurance

Price competition is back, just as claims inflation tames, CFOs warn

‘Pricing and competitive environment’ is the rising star on the CFO worry list for 2024.   17 April 2024

Reinsurance

Peak Re sets up new unit to drive customised reinsurance solutions

The reinsurer has strategically expanded its structured solutions team amid growing demand.   12 April 2024

Risk Management

Marsh McLennan looks to ‘transform’ supply chain risks with AI

New AI platform aims to improve resilience to major shocks.   3 May 2024

Insurance

WTW launches Markel-led cargo and war-on-land risks facility in Ukraine

The London Market facility is the first insurance solution for war risks within the borders of Ukraine.   13 May 2024

Risk Management

Verisk pioneers next-gen models transforming catastrophe risk assessment

New models can anticipate extreme events insured losses ‘more accurately than ever before’.   9 April 2024

Insurance

PoloWorks taps new chief risk officer from CNA Hardy

The exec was formerly CRO of XL Catlin Services, & head of information risk at AXA XL.   16 April 2024

Insurance

Hamilton to buy back $109.5m of stock from Blackstone at ‘attractive’ price

The repurchase marks Blackstone’s exit from Hamilton Insurance investment.   9 May 2024

Alternative Risk Transfer

Hannover Re launches $13.75m parametric cat bond for cloud outage risk

Cumulus Re is the first-ever cat bond to cover losses arising from sustained cloud outage.   15 April 2024

Insurance

Fortitude Re taps ex-KPMG exec to lead enterprise risk management

The appointee joined Fortitude Re in 2019.   5 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

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