News

Insurance

RenRe anticipates $725m Q3 hit from cats including Ida and Europe floods

It expects Hurricane Ida alone will result in a net negative impact of $440m.   13 October 2021

Insurance

Hannover Re to assess carbon footprint of cedants as it targets net zero emissions

It will take a proactive role to determine the greenhouse gas emissions of customer portfolios.   13 October 2021

Insurance

Howden snaps up Aston Lark to create £6bn UK broking powerhouse

The Howden CEO said the deal had been a decade in the making.   13 October 2021

Insurance

Silent no more: how underwriters can better grasp the risks and rewards of cyber business

The COVID-19 pandemic triggered an unprecedented increase in cyber crime which, in turn, caused insured losses from cyber to skyrocket. In tandem with this, demand for cyber insurance protection, partly driven by surging ransomware demands, is seeing exponential growth.   13 October 2021

Insurance

Arch reveals up to $345m Q3 cat hit; increases share buyback to $1.5bn

About two-thirds of the losses relate to its reinsurance business.   12 October 2021

Insurance

SiriusPoint attracts top reinsurance talent for new leadership role

The new hire will help drive SiriusPoint International’s growth and expansion plans.   12 October 2021

Insurance

Tokio Marine unit hires ex-AXA Art CEO to expand specialty offering

Tokio Marine Highland has launched fine art insurance for personal and commercial risks.   12 October 2021

Insurance

Hidden cyber risk in US could lead to $12.5bn losses, warns report

CyberCube, AM Best and Aon call for further clarification of cyber coverage in commercial property policies.   12 October 2021

Insurance

Insurtech Corvus taps Capital One cyber exec as first-ever CTO

The executive has over 25 years of engineering leadership experience.   12 October 2021

Insurance

Tropical cyclone Seroja insured losses reach A$394m

PERILS says Seroja serves as a warning that devastating tropical cyclones can happen in remote regions as well.   12 October 2021

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