Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics February 4, 2022 By Noor Zainab Hussain and Carolyn Cohn The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter...
Global Life Insurers Adapt Pandemic Risk Models After Unexpected Jump in Claims January 13, 2022 By Carolyn Cohn and Noor Zainab Hussain A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the...
Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link. January 10, 2022 Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured,...
Activist Group Calls on Insurers to Sue Oil Companies for Climate Damages November 29, 2021 By Tom Sims FRANKFURT – A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related...
Big Europe Reinsurers See Strong 9M Earnings Despite High Natural Disaster Losses November 15, 2021 All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period...
Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S. October 20, 2021 German reinsurer Munich Re doubled its profit in the third quarter, despite big losses from storms in Europe and the...
Munich Re, Hannover Re Expect Rising Prices After Floods in Germany October 18, 2021 German reinsurance companies Munich Re and Hannover Rueck said on Monday they expect rising prices for their business in Europe...
Munich Re’s Venture Arm Raises $500M for Fund Focused on Insurtech, Cybersecurity October 13, 2021 Munich Re Ventures, the venture capital arm of Munich Re Group, has closed its new $500 million investment fund, with...
Connected Motor Insurtech Ticker and Abacai Partner to Raise Capacity, Expand Offering September 29, 2021 UK connected motor insurtech Ticker and Abacai Group have partnered to increase Ticker’s capacity and introduce new levels of pricing...
Investors in Insurance-Linked Securities Seek to Avoid Exposure to Secondary Perils September 28, 2021 By Susanne Sclafane Investors in insurance-linked securities are leaning toward structured catastrophe bonds rather than broader ILS instruments to steer away from unexpected...