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The Hartford to pay $787m to resolve Boy Scouts sexual abuse claims

North America15-09-2021Insurance News, Reinsurance News

The insurer expects earnings hit of approximately $137 million pre-tax in the third quarter of 2021.

Acrisure hires new CFO from Disney, embarks on aggressive growth strategy

North America15-09-2021Insurance News, Reinsurance News

The appointee is said to be ‘among the best in his field’; he will help the brokerage expand its business.

Zurich UK inks £700m deal with Howden MGA

UK15-09-2021Insurance News, Reinsurance News

The deal is a part of Zurich's wider retail growth strategy, and provides strategic diversification to its portfolio.

Challenges remain for small business as COVID recovery builds

Global, North America15-09-2021Insurance News, Reinsurance News

The pandemic has challenged not just small businesses but also their insurers. Both have shown adaptability and resilience which will continue to be needed as the economy recovers, says Markel’s Matt Huels.

Headwinds mean further rate increases are needed: UnipolRe

Global15-09-2021Insurance News, Reinsurance News

While rates continue to move in the right direction, they still have some way to go to become sustainable in the context of many challenges. That is the view of John Scully and Marco Sordoni of UnipolRe, who spoke to Monte Carlo Today.

‘Grey rhino’ risks will ensure continued upward pressure on rates

Global15-09-2021Insurance News, Reinsurance News

Despite recent rate increases and positive sentiment in the industry, reinsurers’ returns could still be underwhelming, leading to longer-term upward pressure on rates, Stuart Shipperlee, managing director, Litmus Analysis, told Monte Carlo Today.

Pandemic lessons and tech maturity

Europe, Global15-09-2021Insurance News, Reinsurance News

The time has come for the industry to take full advantage of the technology offerings available, according to the CEO and managing partner of Gossmann & Cie.

Modelling the enigmatic peril: the challenge of pricing wildfire risk

Global15-09-2021Insurance News, Reinsurance News

Wildfires have increased markedly in recent years, particularly in the state of California. With little historical data available to model the new risk, how are carriers grappling with providing cover in a market which is suddenly one of the riskiest out there?

Keeping up with the changing face of wildfires

Global15-09-2021Insurance News, Reinsurance News

Wildfires have emerged as one of the most significant problems facing the re/insurance industry, with the events becoming increasingly frequent and damaging and few options immediately available to tackle the issue.

ILS panellists see bright future for alternative risk transfer as pandemic fuels growth

Global15-09-2021Insurance News, Reinsurance News

The ILS market has grown significantly over the past 12 months as the traditional reinsurance market has been buffeted by a series of natural catastrophes and the pandemic.

Showing 41 to 50 of 23752 results

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