Articles

Insurance

Munich Re-backed insurtech At-Bay swoops to buy Relay Platform

The firm seeks to create a go-to marketplace for brokers in SMB specialty insurance.   22 August 2022

Insurance

Reinsurance capital will shrink 7% in ‘22 as markets hit balance sheets

Third-party capital stabilises the count on ‘enhanced opportunities’ for ILS.   22 August 2022

Insurance

Marsh, AIG & Liberty bring innovative green hydrogen insurance to market

Investment in green and blue hydrogen initiatives is estimated to exceed $150bn by 2025.   22 August 2022

Insurance

IGI hacks 17.5pts off Q2 CoR, grows into short-tail & reinsurance

Gross written premiums rose 6.2% on 14.5% gain for short-tail & 18% for reinsurance.   19 August 2022

Insurance

Allstate rejigs personal liability leadership; CFO Rizzo takes the lead

Rizzo takes base salary of $850,000 with upped incentive caps & quick equity grant.   19 August 2022

Insurance

European windstorms bring 1.9m claims for €3.74bn insured loss: Perils

Peril’s six-month estimate is up a mild 3.6% from 3M tally released mid-May.   19 August 2022

Insurance

Insurers won’t retreat from softer D&O premiums quickly, Miller says

‘Budgeting pressures will continue to drive insurers to compete for premium’ through H2.   19 August 2022

Insurance

Zurich mines Munich Re while bolstering cyber and financial lines

The new talent acquisition had led Munich Re’s cyber line for Asia.   19 August 2022

Insurance

Florida property rates still well behind loss trend & reinsurance cost: KBRA

‘The industry’s gross nominal losses will continue to rise’ if the ‘new normal’ holds.   18 August 2022

Insurance

VIG grows nearly 12% in H1 on P&C; ups profit even after Russian impact

Strong double-digit growth in Romania & Czechia push VIG past Russian & investment barriers.   18 August 2022

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