News

Insurance

Munich Re runs inflation-free; ongoing reserve review should be neutral

No price pressures visible outside of motor; forward inflation already in the rates.   8 November 2022

Insurance

Ascot plucks two AXA XL inland marine leaders for own US portfolio

Ascot’s inland marine offer should complement existing product lines.   8 November 2022

Insurance

Munich Re likes all-risk covers, need not press for named perils

‘The need to change anything is less pronounced for us than for others,’ CFO Jurecka said.   8 November 2022

Insurance

Specialty MGA Optio plucks Hartford grad to lead financial lines

The new hire will build new offer atop current professional indemnity & medical billings.   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

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

Trio of senior people moves for Markel Dubai

Markel International boosts growth strategy with team hires and promotions   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

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