News
Insurance
The deal is a part of Zurich's wider retail growth strategy, and provides strategic diversification to its portfolio. 15 September 2021
Insurance
The pandemic has challenged not just small businesses but also their insurers. Both have shown adaptability and resilience which will continue to be needed as the economy recovers, says Markel’s Matt Huels. 15 September 2021
Insurance
While rates continue to move in the right direction, they still have some way to go to become sustainable in the context of many challenges. That is the view of John Scully and Marco Sordoni of UnipolRe, who spoke to Monte Carlo Today. 15 September 2021
Insurance
Despite recent rate increases and positive sentiment in the industry, reinsurers’ returns could still be underwhelming, leading to longer-term upward pressure on rates, Stuart Shipperlee, managing director, Litmus Analysis, told Monte Carlo Today. 15 September 2021
Insurance
Wildfires have increased markedly in recent years, particularly in the state of California. With little historical data available to model the new risk, how are carriers grappling with providing cover in a market which is suddenly one of the riskiest out there? 15 September 2021
Insurance
Wildfires have emerged as one of the most significant problems facing the re/insurance industry, with the events becoming increasingly frequent and damaging and few options immediately available to tackle the issue. 15 September 2021
Insurance
The ILS market has grown significantly over the past 12 months as the traditional reinsurance market has been buffeted by a series of natural catastrophes and the pandemic. 15 September 2021
Insurance
The re/insurance industry can be at the centre of the global shift to net-zero emissions as more businesses turn their attention to the risks posed by extreme climate events, Lloyd’s CEO John Neal has said. 15 September 2021
Insurance
Lower COVID-19 claims and increasing pricing have improved the outlook for reinsurers, but catastrophes and claims inflation leave their earnings vulnerable, Moody’s Investors Service said today. Robust levels of capitalisation are the primary reason it continues to rate the sector as stable. 15 September 2021
Insurance
Prudential regulation in the insurance sector is increasingly being used to push public policy goals, rather than simply ensuring insurance carriers’ solvency, according to law firm Kramer Levin Naftalis & Frankel. 15 September 2021
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