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

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

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

Insurance

Ardonagh unit buys UK firm to meet clients’ needs in hardening market

The acquisition will further broaden Ardonagh Advisory’s range of services in the UK.   4 November 2022

News

GIC Re takes ‘wait and watch’ approach to 1/1 ahead of 1/4

Indian domestic market, and therefore GIC Re, is a relative 'ocean of tranquillity’, says reinsurer's chair Devesh Srivastava.   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

Lloyd’s members keep up the bidding, buy next £77m in capacity auction

Beazley, Tokio Marine, Argenta, Lancashire syndicates all in play.   4 November 2022

Insurance

AIG appoints former Goldman Sachs/Credit Suisse and GE leaders to board

The insurer’s lead independent director has decided not to stand for re-election.   4 November 2022

Insurance

Hannover Re can cover rising retro costs with new rate across markets

The reinsurer can keep its retro structures even while seeking major overhaul from primaries.   3 November 2022

Insurance

Hannover Re & Munich Re could combine forces on PE investments

Sides may be a mere regulatory nod away from joint PE investments in Q4 2022.   3 November 2022

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