News

Insurance

Hannover Re warns of double-digit rate increases at 1.1

Losses from the pandemic and flooding in its domestic market of Germany over the past 18 months have cost the carrier more than a decade’s worth of profits, showing the need for immediate rate increases, it says.   20 October 2021

Insurance

Three players stand out in ‘crowded and competitive’ motor market

Insurers’ performance can vary dramatically in what might have been assumed as a relatively homogenous market, says Stuart Shipperlee.   19 October 2021

Insurance

VHV's Turkish reinsurance business expands underwriting operations

VHV Reasürans aims to expand its underwriting to more than 30 countries.   19 October 2021

Insurance

Transition to sustainable economy won’t happen overnight: GFIA president

Insurers have a key role to play in facilitating G20 priorities through sustainable investment, climate change mitigation and adaptation and developing resilient welfare systems.   19 October 2021

Insurance

Taussig Capital Re aims to bring non-traditional capital solutions to market

Taussig Capital has acquired Puerto Rico licensed reinsurance company Spencer Re.   19 October 2021

Insurance

Nat cat models and pricing will be the big issue at Baden-Baden

The European flooding and rise of secondary perils have changed the conversation for European reinsurance. Will it be enough to usher in a hard market? Johannes Martin Hartmann of VIG Re joined the debate.   19 October 2021

Insurance

Floods and COVID uncertainty dominate European renewal talks

As the European reinsurance industry gathers in Baden-Baden and discussions over policy renewals come to a head, TigerRisk’s Juan England thinks recent catastrophe events will form a core part of the talks.   19 October 2021

Insurance

ILS aggregate cover to fall at renewals as losses, trapped capital bite: ILS Capital Management

The market has been buffeted by losses stemming from a string of natural catastrophes and this, in addition to ongoing issues with trapped capital, will have a significant impact on capacity at renewals, says MD John Warwick.   19 October 2021

Insurance

Citadel draws line in sand with significant capital raise

After a challenging 2020/21, Citadel Risk has drawn a line in the sand by raising new capital—a step it believes will appease stakeholders and allow it to move into a new league when it comes to fresh underwriting opportunities.   19 October 2021

Insurance

Allianz launches sustainable procurement charter

The insurer aims to encourage suppliers to reduce carbon emissions, recycle waste, use renewable energy and consider biodiversity elements within their organisation.   18 October 2021

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.