News

Insurance

Swiss Re slips to loss due to COVID-19, Mumenthaler says crisis 'far from over'

Swiss Re estimated a pre-tax charge of $476m for the property and casualty businesses due to COVID-19.   30 April 2020

Reinsurance

Tough choices: taking diversity and inclusion from theory to practice

Re/insurers can start small but should think big to see real change in their organisations. A focus on specific areas to achieve real change needs to be combined with a willingness to question fundamental assumptions.   27 July 2022

Insurance

Everest appoints global head of fine art and specie from Charles Taylor

Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786.   15 July 2019

Insurance

European storm Egon loss estimate reaches €275m: PERILS

The insured property losses caused by extra-tropical cyclone Egon have reached €275 million, reveals a revised estimate by PERILS, the Zurich-based catastrophe insurance data provider.   13 July 2017

Insurance

NewRe grows its business on reputation for stability

NewRe CEO Renate Strasser said she didn’t see any reason why rates would go down, in fact it is likely to be “rather the opposite”.   23 October 2019

Insurance

Small is beautiful in the world of reinsurance broking, says Beach as it sizes up to the big three

Beach believes it is a great time to be a smaller broker, and is not daunted by the challenge of competing with the “big three”.   22 October 2019

Insurance

Re/insurers should better manage results volatility caused by FX

An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.   26 August 2016

Insurance

The Hartford appoints Matt Scott to middle and large commercial insurance leadership role

US-based property/casualty insurer The Hartford has appointed Matt Scott as head of the Northeast division for the company’s middle and large commercial insurance business.   10 July 2019

Insurance

Lloyd’s picks Aviva exec for newly created chief of markets role

The appointee will oversee market performance and distribution across the corporation.   22 January 2021

Insurance

Swiss Re swings to loss on $3.9bn COVID-19 hit in 2020 but 'confident' on 2021 outlook

The reinsurer targets improved profitability in the P&C Re business amid favourable market conditions.   19 February 2021

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