News

Insurance

Insurance rates declined in Q3, property down 4%: Marsh

Increased competition among insurers resulted in downward pressure on rates.   6 November 2024

Insurance

Firms in Asia worried on outlook for insolvencies: Atradius survey

That is according to the 2024 edition of the Atradius Payment Practices Barometer survey.   6 November 2024

Reinsurance

Lessons to learn from pre disaster investment: AXA XL Re

For each dollar spent on pre-disaster resilience, an average $16 was saved in damages.   5 November 2024

Insurance

Ryan Specialty wraps up acquisition of insurance & investment firm

Innovisk is now a part of Ryan Specialty Underwriting Managers.   5 November 2024

Insurance

Business interruption is a worry for firms in Asia

Geopolitical tensions between US and China a concern for Asian corporates and insurers.   5 November 2024

Insurance

AIG pegs Milton hit at up to $275m as derisking pays off

The re/insurer said cat losses were down ‘dramatically’, in part due to heavy reinsurance cover.   6 November 2024

Reinsurance

Losses from secondary perils have leapfrogged peak perils’, Munich Re warns

Accumulation of small and mid-size events will hit harder than single mega events.   5 November 2024

Insurance

Hughes acquisition boosts Markerstudy’s Northern Ireland presence

The insurance company offers motor, home, travel and commercial insurance sectors expertise.   6 November 2024

Insurance

Property rate trend reversed Q4 as storms gave pause: Ryan Specialty

CEO Turner believes the market is now in a ‘minus 5 to flat to plus 5” range.’   4 November 2024

Reinsurance

Partnerships key to navigating complex risks: Swiss Re

Speaking at SIRC, a Swiss Re executive laid out the perils of a complex risk landscape.   6 November 2024

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