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Munich Re unveils ‘ambitious’ group profit target of €2.5bn for 2019
News
In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this.   20 March 2019
China Re to propel Chaucer’s LatAm growth
Insurance
Backed by China Re, the world’s eighth largest reinsurer, Chaucer has set its sights upon significant expansion across the Latin American region.   9 September 2019
ILS growth: could this year beat record-breaking 2021?
Insurance
Last year was the fourth costliest year for nat cat losses, yet the ILS market enticed 12 new sponsors and saw investors pivot from collateralised reinsurance to catastrophe bonds, says Judy Klugman of Swiss Re.   1 April 2022
Insurance
Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers.   30 September 2019
Insurance
Hyperion Insurance Group received a $400 million investment from Caisse de dépôt et placement du Québec (CDPQ) which in turn acquired a “significant minority stake” in the group.   5 December 2017
News
Mo Tooker, the global head of the property/casualty business of Gen Re, has resigned from the company, prompting a reshuffle.   21 January 2015
Insurance
Re/insurer AXA XL has collaborated with property/casualty platform provider Guidewire Software on risk modelling solution to help quantify the financial impact of cyber risk exposures.   29 January 2019
Insurance
Claims have risen by $350m I the last two years.   25 November 2019
Insurance
President Donald Trump has approved a major disaster declaration for the damage incurred by severe storms, flooding, landslides and mudslides between April 13 -16, 2018 on the Hawaiian islands of Kauai and Oahu.   9 May 2018
Insurance
Lloyd’s, the specialist insurance and reinsurance market, has expanded its presence in the Latin America market with the opening of an office in Bogota, Colombia.   22 June 2016

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