News

Insurance

Perils lowers final insurance loss estimate for Babet-Aline floods

The UK incurred the majority of the losses from Babet-Aline.   22 October 2024

Reinsurance

Munich Re’s Q3 result hit by cat losses

Reinsurer impacted by higher-than-average major loss expenditure from nat cats.   23 October 2024

Insurance

Lloyd’s LMA overhauls chair process to seize ‘real future opportunities for growth’

AXA XL CEO McGovern to become chair-elect in 2025, while Brooks remains in role for additional year.   22 October 2024

Insurance

CNA expects Q3 pre-tax cat losses of $143m

This includes $55m losses attributable to Hurricane Helene.   23 October 2024

Insurance

Australia’s ASIC takes QBE to court alleging it ‘misled’ on pricing discounts

QBE ‘apologises for the inconsistencies,’ stating it will review the pleadings.   23 October 2024

Reinsurance

European cat: not actually a common market, says Brit

European property-cat reinsurers should start treating Europe as one market for cat.   22 October 2024

Insurance

SRG snags Marsh McLennan Singapore CEO to lead APAC expansion

The move follows its recent acquisition of a Singapore-based insurance broker.   18 October 2024

Reinsurance

Late hurricanes to keep reinsurance rates elevated, analysts predict

Reinsurers are now under less pressure to cut prices and offer better terms, says BI.   22 October 2024

Reinsurance

Aon’s Strategy and Technology Group—driving clarity and confidence in all weathers

Success requires a sophisticated approach to data, says Steve Dando of Aon.   22 October 2024

Reinsurance

LM Re strengthens specialty casualty underwriting with ex-Vantage Risk hire

The executive will focus on complex financial institutions risks.   17 October 2024

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