News

Insurance

US cat losses nearly double H1, push P&C to $24.5bn technical loss

Ex-catastrophe and ex-prior year development, results worsened only lightly.   12 September 2023

Insurance

Hannover Re has warned on rates

It will return cash to shareholders if market conditions do not match the risk, says CEO Henchoz.   12 September 2023

Insurance

10% of insurers face S&P review post new capital model

In the fourth quarter S&P is likely to identify more than 10% of re/insurers for a potential upgrade or downgrade, says Litmus Analysis.   12 September 2023

Insurance

AXA XL’s Twite eyes a smoother renewal

AXA XL Re in Bermuda has made solid progress in rebalancing its portfolio and reducing volatility, says CEO Mark Twite.   12 September 2023

Insurance

Cyber market has reached its most competitive point after pricing corrections

Industry is now showing a real desire to solve systemic risks, says CFC’s cyber expert.   12 September 2023

Insurance

MGAs can be lucrative for reinsurers—if they have the tools

The partnership of +Simple with GMBC opens up new levels of opportunity for reinsurers that want to support MGAs, and even greater diversification.   12 September 2023

Insurance

‘It’s not enough’: why insurers must deepen their resolve

UN special advisor urges insurers to rethink and champion sustainable, inclusive solutions.   12 September 2023

Insurance

Africa Specialty Risks is seeking new partners and capacity

Startup reinsurer Africa Specialty Risks has been in business for only two years, but it has big plans.   12 September 2023

Insurance

Reinsurers still keen to grow casualty portfolios: Aon

Casualty is stable going into 1/1, but pockets of the market remain challenging, warn Nigel Light and Amanda Lyons of Aon’s Reinsurance Solutions.   12 September 2023

Insurance

Discipline and limit management become key as headwinds blow

After almost three years of tailwinds, some headwinds are now emerging for reinsurers, says Markel Re’s Bahr.   12 September 2023

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