Articles

Reinsurance

Berkshire Hathaway faces losses of up to $1.5bn from Milton

Losses from Hurricane Milton followed $585m in losses from Hurricane Helene in Q3.   4 November 2024

Technology

ESG, cyber risks and AI big topics in Asia: Beazley spotlights key insights

To truly revolutionise, we need to change how people think about insurers, says Beazley.   1 November 2024

Reinsurance

Wildfire losses will rise, urgent mitigation needed: Swiss Re

Traditional methods fail against evolving threats, underwriting needs an AI-first approach.   1 November 2024

Insurance

Chubb expands 30-year veteran’s role to boost multinational risk management

The executive will assist overseas teams in designing and implementing complex solutions.   31 October 2024

Insurance

Property rate trend reversed Q4 as storms gave pause: Ryan Specialty

CEO Turner believes the market is now in a ‘minus 5 to flat to plus 5” range.’   4 November 2024

Insurance

BHSI strengthens Italy operations with AXA XL, Swiss Re hires

The appointees are expected to boost the claims function, PI and cyber business.   4 November 2024

Insurance

Hurricane Milton may cost Chubb up to $300m

The estimate included losses generated from the company's commercial and personal property/casualty insurance and reinsurance businesses.   4 November 2024

Insurance

Professional indemnity market softens ‘at greater pace’ than expected

Gallagher Specialty believes increased capacity and a desire for growth amongst insurers have fuelled competition.   4 November 2024

Insurance

Lloyd’s appoints Aviva exec as chief people officer

Sara Gomez, currently in post, will be retiring from Lloyd’s at the end of the year.   4 November 2024

Reinsurance

US casualty reinsurance nears tipping point on extra reserving

Lockton Re data suggests the 2020-2023 hard market block is likely to develop ‘favourably’.   4 November 2024

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