News

Reinsurance

SiriusPoint plucks new global ceded reinsurance head from AXIS after swift exit

The current head is leaving the company after just one year in the role.   23 July 2024

Insurance

Beazley front in claims line on IT outage, but said well ringfenced

Look for possible event upside in cyber pricing and expanding cyber cover demand.   22 July 2024

Insurance

AXA XL expands professional lines underwriting in Bermuda

Its new head of professional lines has been with the company for 23 years.   22 July 2024

Insurance

Verisk pegs US hurricane Beryl’s insured losses at up to $3bn

The storm is the earliest Category 5 hurricane on record in the Atlantic.   19 July 2024

Insurance

Mass BI claims pending on IT outage, brokers say; fix times in focus

Major brokers are advising clients en masse to begin prepping claims & cost tallies.   22 July 2024

Insurance

Severe market hardening in real estate casualty market, broker warns

Soaring rates and underwriting scrutiny is ‘unlike anything in recent memory’.   22 July 2024

Insurance

Global insured losses surge to $58bn in H1 2024, protection gap shrinks: Aon

H1 insured losses exceed century average, driven by convective storms in US.   22 July 2024

Reinsurance

A good leader looks after their team

Effective managers show empathy and lead by example, says Howden Re’s Wyatt.   22 July 2024

Insurance

CII appoints ‘Rising Star’ to London market board

The CII has named three new board members for financial planning.   22 July 2024

Risk Management

Major global IT outage ‘not a cyber attack,’ IT fix on hand

A Crowdstrike cyber-security software update crashed Windows, forced industry shutdowns.   19 July 2024

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