Covéa and Markel win Covid BI reinsurance disputes
Insurance Post » Reinsurance
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3w ago
Covéa and Markel have won a court battle to secure reinsurance cover for Covid-19 business interruption losses ..read more
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Chaucer names Aspen’s Milner as new CEO
Insurance Post » Reinsurance
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1M ago
Richard Milner is leaving Aspen to head Chaucer Group, with Sarah Stanford announced as his interim replacement ..read more
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Flood Re CEO challenges insurers to ‘go even further’ on flood resilience
Insurance Post » Reinsurance
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1M ago
At an event for the National Flood Forum and the All-Party Parliamentary Group for flood prevention, FloodRe CEO Andy Bord urged insurers to “go even further” with flood resilience ..read more
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Growing cyber insurers look to ILS market for catastrophe loss protection
Insurance Post » Reinsurance
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1M ago
Issuance of cyber catastrophe bonds took off in Q4 of 2023, with four carriers securing more than $400m of coverage – more than five times what the capital markets had provided prior to the quarter ..read more
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Big Interview: Swiss Re CEO Jason Richards
Insurance Post » Reinsurance
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3M ago
Jason Richards, CEO of Swiss Re in the UK and Ireland, on why having colleagues back in the office is essential for the insurance ecosystem, and why carriers needs to shout about what the industry does to attract fresh talent ..read more
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UK government backs insurance partnership to rebuild Ukraine
Insurance Post » Reinsurance
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3M ago
The UK government has backed an insurance scheme developed by the European Bank for Reconstruction and Development to boost the provision of cover for war risks in Ukraine ..read more
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Insurers’ profitability to remain lower than cost of capital
Insurance Post » Reinsurance
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4M ago
Data analysis: General insurers are adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s but profitability is unlikely to soar back to pre-pandemic levels imminently ..read more
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S&P predicts cyber reinsurance rates to increase
Insurance Post » Reinsurance
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5M ago
S&P Global expects cyber reinsurance rates to increase as reinsurers look to return to profitability, but predicts primary underwriters won’t pass the rate increase on to customers ..read more
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Best Insurance Employer: Aioi Nissay Dowa Europe
Insurance Post » Reinsurance
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5M ago
The Best Large Insurance Employer in 2023 is Aioi Nissay Dowa, according to Insurance Post’s poll of 4,000 employees working at all levels of the industry ..read more
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Reinsurers’ share of nat cat losses shrinks as profits rise
Insurance Post » Reinsurance
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5M ago
The proportion of total industry natural catastrophe losses taken by reinsurers has fallen in recent years, with primary insurers retaining more risk ..read more
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