Articles

Insurance

ILS aggregate cover to fall at renewals as losses, trapped capital bite: ILS Capital Management

The market has been buffeted by losses stemming from a string of natural catastrophes and this, in addition to ongoing issues with trapped capital, will have a significant impact on capacity at renewals, says MD John Warwick.   19 October 2021

Insurance

Citadel draws line in sand with significant capital raise

After a challenging 2020/21, Citadel Risk has drawn a line in the sand by raising new capital—a step it believes will appease stakeholders and allow it to move into a new league when it comes to fresh underwriting opportunities.   19 October 2021

Insurance

Allianz launches sustainable procurement charter

The insurer aims to encourage suppliers to reduce carbon emissions, recycle waste, use renewable energy and consider biodiversity elements within their organisation.   18 October 2021

Insurance

Flood Re calls for adaptation focus ahead of COP26

As climate change drives increasingly frequent severe weather events, it’s a reminder that we must make real progress quickly by learning to adapt and build resilience, said Bord of Flood Re.   18 October 2021

Insurance

ESG credentials to be requested in renewals discussions: Aon

Discussions between buyers and reinsurers in this renewal are complex, and ESG considerations are being pushed to the fore, says Mike Van Slooten of Aon’s Reinsurance Solutions.   18 October 2021

Insurance

UnipolRe empowers carriers with new telematics offering

Leveraging its parent’s deep pool of expertise, UnipolRe has developed a new offering designed to enable its clients to roll out cutting-edge telematics technology capable of having a spectacular effect on the bottom line of motor portfolios.   18 October 2021

Insurance

RMS: modelling in an uncertain climate

As increasing climate-related losses and the role of secondary perils take centre-stage at Baden-Baden, the demands on cat modellers are changing. But it’s not just their role that’s evolving, says RMS’s Marescot.   18 October 2021

Insurance

Overcoming the human factor: exchange and augment data to improve an undervalued asset

Data should be vital to the insurance industry, but its potential has yet to be fully exploited, say software specialists at Morning Data.   18 October 2021

Insurance

High loss burden likely to move markets in the 2021 renewals, says Deutsche Rück

Recent nat cat losses and COVID-19 have put pressure on the industry. As a result, a further hardening of the market can be expected, Klaus-Gregor Hahn of Deutsche Rück tells Intelligent Insurer.   18 October 2021

Insurance

The climate cost comes due in Europe: rates on the way up, says Swiss Re

Swiss Re estimates that major flooding in July in Germany and Belgium will cost the industry around $12 billion.   18 October 2021

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