High Net Worth — with a Technological Twist; Munich Re’s Groves, John & Westrup Expands into Private Client Sector August 16, 2021 By L.S. Howard Groves, John & Westrup Ltd. has been a coverholder for Munich Re’s Lloyd’s syndicate for decades, writing marine, pleasure boat...
Munich Re’s Q2 Profit Rises 91%, While COVID-19 Losses Outpace Expectations August 10, 2021 German reinsurance group Munich Re said on Tuesday it would meet its 2021 profit goal as it raised its forecast...
Britain Launches $1 Billion Reinsurance Scheme to Cover Music Festivals August 6, 2021 By Carolyn Cohn Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events...
Munich Re Reports Q2 Profit Increase of 90% July 21, 2021 Munich Re’s net profit in the second quarter rose around 90% from a year earlier, beating expectations and giving it...
Eight Leading Insurers and Reinsurers Launch Net-Zero Climate Alliance July 12, 2021 Eight of the world’s leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition...
Some Scientists See More Intense, Wetter Hurricane Season Storms July 1, 2021 By Stephanie K. Jones Like death and taxes, the annual hurricane season can be counted on as a sure thing. The number and intensity...
8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker June 21, 2021 Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that...
Major Reinsurers Look to Exclude Coal from Treaty Policies, as Climate Pressure Grows June 17, 2021 By Carolyn Cohn and Simon Jessop Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global...
Aon Collaborates with Insurer Partners to Protect Global COVID-19 Vaccine Shipments April 13, 2021 Insurance broker Aon plc has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for...
Consumers Worry Connected Cars Are Vulnerable to Cyber Attacks April 8, 2021 Consumers are increasingly worried about cyber attack vulnerabilities with connected and automated vehicles. According to a new Munich Re/HSB survey...