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An analysis of more than 13,000 engineering insurance claims in the past five years has revealed seven trends that are driving some of the largest losses ever, according to global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS). 22 August 2019
Alternative Risk Transfer
The average performance of cat bonds improved dramatically in October, up 0.35 percent, but the performance of some managers will diverge due to recent losses, the complexities of which also mean loss information is still being gathered by many managers. 7 December 2017
News
While reinsurance is facing challenging times in property/casualty (P&C), the environment for life & health reinsurance is looking increasingly attractive. 9 October 2017
Insurance
AXA has promoted two executives, Josh Braverman and Steven Joenk, to assume new responsibilities in the company. 24 March 2017
Insurance
The insured property losses caused by the earthquake which hit Central Italy on August 24 is expected to be €34 million, as estimated by catastrophe insurance data provider PERILS. 5 October 2016
Alternative Risk Transfer
S&P has predicted “stable to gradually increasing activity” in the European property casualty run-off market in a report. 15 April 2019
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Joanne Merrick as head of legal, risk and compliance. 23 March 2017
Insurance
Munich Re Syndicate at Lloyd’s said on Aug. 21 that it has introduced an insurance solution to cover cyber exposure for the independent oil and gas sector. 21 August 2017
Insurance
A climate risk protection gap of $1.7 trillion caused by extreme weather over the past decade opens up many new opportunities for insurers, says ClimateWise, a global network of 28 insurance industry organisations. 21 November 2017
Insurance
Re/insurer XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation. 22 March 2017
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