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Marine insurance ever more dogged by cargo fire, now up to 18% of claims

The running share of fire in marine claims value has risen nearly 40% since a 2018 measure.   22 November 2022

Insurance

Markel attracts Allianz talent to expand in key Asian market

It has hired specialist financial lines & marine underwriters to build out its local presence.   21 November 2022

Insurance

AUM launches ‘first of its kind’ ILS Ocean Fund

The structure has been modelled on Bermuda ILS funds.   18 November 2022

Insurance

Charles Taylor expands to Vietnam and wider Asia as demand rises

The demand for loss adjusting in mining, power and energy sectors has gone up.   17 November 2022

Insurance

CDB Aviation names 14 insurers in latest suit for aircraft losses

Lloyd's, Chubb, SCOR, Berkshire Hathaway, Tokio Marine, Swiss Re & HDI Global top defendant list.   17 November 2022

Insurance

Zurich can grow its way to still-higher margins; ups target 6 pps to 2025

Commercial P&C has one major diversification goal left: mid-market thrust.   16 November 2022

Insurance

Beazley’s $417m capital raise for 10% stake a ‘proactive’ move in hardening market

The insurer eyes ‘attractive underwriting opportunities’ in cyber, specialty and property business.   16 November 2022

Insurance

Liberty taps 25-year global energy underwriting expert for new role

The executive moves from LSM, where he was CUO for specialty lines.   15 November 2022

Insurance

EMEA insurers in midst of a ‘perfect storm’

Premium rate increases might match inflation but be insufficient to strengthen profitability, says S&P.   15 November 2022

Insurance

SCOR snaps up Chubb’s ‘extraordinary’ environmental risk talent for global role

Senior hire to drive its environmental impairment liability (EIL) insurance portfolio.   15 November 2022

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