News

Insurance

Sub-tropical storm Nicole grows into broad-swath hit to US east coast

Storm duration ‘will be lengthy and noteworthy, more so than the severity of conditions.   8 November 2022

Insurance

Munich Re holds FY’22 target after €1.6b Hurricane Ian hit

One-off FX gains in Life & Health pad the Q3 take; P&C Re combined ratio target up 3 pps.   8 November 2022

Insurance

Net-zero ‘too far down’ leadership agendas, says Zurich

Market turbulence ‘overshadows’ climate and cyber risks, finds survey   7 November 2022

Insurance

Berkshire Hathaway auto unit Geico slips to ever-deeper Q3 loss

Inflation & frequency drive claims; departing clients suppress top line.   7 November 2022

Insurance

Berkshire Hathaway suffers $3.4b hit on Hurricane Ian for insurance loss

P&C reinsurance escapes the noose: rate & reserve adjustments deliver slim Q3 gain.   7 November 2022

Technology

Know the facts about cyber threats

Knowledge of what’s true—and what isn’t—about cyber insurance can help you protect your clients’ security, says Chris McMurray, cyber lead at Travelers Europe.   7 November 2022

Insurance

Egypt mulls creating new nat cat pool to counter climate risk

It is working with large reinsurers/brokers to develop a more climate-resilient economy.   4 November 2022

News

Inflation, nat cat, war and COVID add up to acute renewal

The market is now experiencing a confluence of grey swans, says Howden Broking’s David Flandro.   4 November 2022

Insurance

Fairfax buys $734m more stake in Allied World; swings to loss in Q3

The Canadian carrier now owns 82.9% stake in its subsidiary.   4 November 2022

News

MGAs benefit as capacity steps back from property cat: AM Best

DUA market grows ‘more rapidly’ than traditional non life, says Stefan Holzberger at AM Best.   4 November 2022

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