People Moves: Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance February 27, 2025 This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows...
Renewable Energy Offers a Cost and Opportunity to Insurance Sector November 7, 2024 By Carolyn Cohn Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as...
Markets/Coverages: Beazley Launches Cyber Consortium for Large Corporates October 8, 2024 Specialty insurer Beazley announced the launch of a cyber consortium that provides comprehensive cover for large corporates with a turnover...
European Insurers Enjoy Big Profits After Premium Hikes August 8, 2024 By Carolyn Cohn, Tom Sims and Yadarisa Shabong Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in...
UK Insurer Beazley Upgrades 2024 Forecast After H1 Profit Nearly Doubles August 8, 2024 British insurer Beazley upgraded its combined ratio forecast for 2024 on Thursday after first-half pretax profit nearly doubled, boosted by...
Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix July 24, 2024 The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19...
30% of Business Leaders Say Global Political Risk Is Their Biggest Threat April 29, 2024 By Jahna Jacobson Sixty-five percent of North American business leaders fear this election year will impact their ability to trade internationally, with 32%...
Markets/Coverages: Lloyd’s Announces 1st 144A Cat Bond on Its London Bridge Platform January 8, 2024 Lloyd’s, the re/insurance marketplace, announced that the first 144A catastrophe bond has been issued on its risk transformation platform London...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots December 7, 2023 By Carolyn Cohn and Noor Zainab Hussain Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the...
Business Execs Report Growing Employer, ESG Risk Concerns: Beazley December 1, 2023 By Allen Laman According to Beazley’s Spotlight on Business Risks report, 22% of global executives reported employer risk as the top business risk...