Articles

Insurance

SCOR slips to ‘negative’ on weak profitability & increasing headwinds

Moody’s believes ‘further earnings headwinds could materialise’ from claims inflation.   14 October 2022

Insurance

SiriusPoint’s loss is Cowbell’s gain: CFO attracted by ‘adaptive’ cyber insurance

Cowbell has hired its first chief financial officer from SiriusPoint.   14 October 2022

Insurance

Hurricane Ian to cost Florida insurer Universal $1bn gross loss

The insurer, which does not cover flood, has received 18,000 claims to date.   14 October 2022

Insurance

Hampden plans to ‘reset and relaunch’ strategy in Lloyd’s market

The 2023 plan for Asta-managed syndicate has been set with stamp capacity of £71.5m.   13 October 2022

Insurance

SiriusPoint looks to Guy Carp in ongoing leadership exodus as CFO resigns

New CEO Scott Egan picks former RSA colleague as new chief financial officer.   13 October 2022

Insurance

Reinsurance investors opt ‘Buy’ hard market over ‘Sell’ Ian losses

Hannover Re has even outperformed European large caps through Hurricane Ian.   12 October 2022

Insurance

Florida’s Citizens’ takes fresh policy wave on Weston demise, up 51% y/y

More policies likely on the way after regulators knocked down sixth carrier this year.   12 October 2022

Insurance

Underinsurance major concern for brokers owing to economic turmoil

It could lead to serious consequences to business continuity in the UK, warns RSA’s Mooney.   11 October 2022

Insurance

AXA XL unveils new appointment to advance in professional lines market

Appointee to manage and set its professional lines E&O insurance portfolio strategy.   11 October 2022

Insurance

Hannover Re praised for ‘embracing change’ to get leg up in hard market

Jeffries points to fearless approach to rapidly changing market and selective expansion.   11 October 2022

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