News

Insurance

Cat bond funds start to scratch back Hurricane Ian losses

Dollar-denominated fund class ended with 0.4% weekly gain, now down 6.2% from Ian.   8 November 2022

Insurance

Marine policies face flood of claims at 12M mark of Ukraine war

Detainment clauses will open door for total loss claims on February 25, 2023.   7 November 2022

Insurance

MS Amlin plucks HDI Global Specialty claims leader for top role

New acquisition will combine leadership over reinsurance and insurance claims teams.   7 November 2022

Insurance

‘Limited’ cyber insurability needs ‘novel’ approach, says Swiss Re

Loss uncertainty and evolving risk ‘restrains market capacity’.   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

Insurance

Swiss Re, AIG, Chubb, Lloyd’s and 7 other insurers named in DAE lawsuit

DAE lost 19 aircraft to Russian appropriations and wrote $576.5m charge.   4 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

Insurance

Tysers swoops on Ed Broking to expand treaty portfolio in Middle East

The new hire has nearly 20 years of insurance broking and underwriting experience.   4 November 2022

Insurance

Leasing giant Avolon opens case against Lloyd’s & 12 insurers over Russian aircraft

Chubb, HDI Global, Swiss Re, Axis, Generali, SCOR & AIG join the ring of defendants.   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

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