News

Insurance

French govt to sell controlling stake in CCR Re valuing reinsurer at €1bn

CCR Group has entered an exclusivity agreement with two mutual insurers.   8 February 2023

Insurance

Grain corridor style solution ‘possible’ for war-trapped vessels, says IUMI

Figures on war premiums ‘not easy to flush out’   8 February 2023

Insurance

IUMI: latest sanctions bring more pain for marine insurers

Fresh ban on Russia’s diesel adds to complexity of ‘polycrisis’.   8 February 2023

Insurance

Hannover Re used 1.1 for ‘portfolio steering’; leaves 14% unrenewed

Big move into excess of loss with premium volume up 21% at expense of quota share.   8 February 2023

Insurance

Skuld commits to implementing Poseidon Principles for marine insurance

Skuld is a significant provider of hull and machinery insurance cover to the world fleet.   8 February 2023

Insurance

SCOR can leverage hard market in ’23 renewals for better book

The reinsurer soured further in its view of cat risks, so won’t firm forecasts after cuts.   7 February 2023

Insurance

Japanese insurers can’t avoid reinsurance hikes after ‘22 nat cat: Fitch

Japanese cedents will either take it on the margins or against their foreign operations.   7 February 2023

Insurance

Commercial pricing can hold trend, headwinds in financial lines

Personal lines may go to mid-year before breaking from their margin-killing ways.   6 February 2023

Insurance

The Hartford escapes 1.1 with 28% risk-adjusted price hike after tweaks

Reinsurance costs have long since been baked in the rates, so margin impact muted.   6 February 2023

Insurance

Seven future trends for parametrics

Six experts at the leading edge of parametric insurance share insights on where this type insurance is heading and what global changes and technological advances will help it get there.   6 February 2023

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