Serious Change Underway at SiriusPoint June 21, 2023 By L.S. Howard SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting...
The Pros and Cons of Going Private June 21, 2023 By L.S. Howard In the days before hedge fund manager Daniel Loeb decided to drop the buyout of SiriusPoint, Carrier Management asked analysts...
Construction/Engineering Sector Ranks Biz Interruption/Supply Chain Disruptions as Top Risk June 19, 2023 By L.S. Howard Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by...
Intrepid Reinsurance Execs Take on Extreme Challenge in ‘World’s Toughest Row’ June 15, 2023 By L.S. Howard Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii – as part of...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 22, 2023 By L.S. Howard The rollout of the Lloyd’s Market Association’s (LMA) cyber war exclusions received considerable criticism for the chaos and confusion they...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
Swiss Re Returns to Q1 Profit, Driven by Adequate Pricing, Higher Investment Results May 4, 2023 By L.S. Howard Swiss Re swung back to a first quarter profit, reporting net income of $643 million, compared with a loss of...
Marsh McLennan Reports ‘Strong Start’ to Year With Restructuring Program on Track April 25, 2023 By L.S. Howard Marsh McLennan Companies Inc. reports “a strong start” to 2023, generating 9% underlying revenue growth in the first quarter on...
High Inflation Hiked P/C Claims Costs Up to 7.5% in 2022 April 17, 2023 By L.S. Howard High inflation alone led to an increase in property/casualty claims of 5%-7.5%, across five key markets in 2022, according to...
Re/insurance MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust April 12, 2023 By L.S. Howard Aspect Labs Ltd., the London-based re/insurance managing general agent, has officially opened its doors for business – targeting small-to-mid-market risks...