Reinsurance Capital To Drop $40 Billion at Year-End 2022: AM Best August 22, 2022 AM Best estimates that traditional reinsurance capital will drop by roughly $40 billion to $435 billion at year-end 2022, after...
Insured Losses From February’s European Windstorms Estimated at €3.7B: PERILS August 19, 2022 Insured losses for the European windstorm series, which affected the British Isles and continental Europe in February 2022, are estimated...
U.S. Businesses in Taiwan See Limited Impact From Tensions With China August 19, 2022 Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent...
Munich Re Keeps No. 1 Spot in Ranking of 50 Global Reinsurers, With Swiss Re at No. 2 August 17, 2022 Munich Re for the second-straight year holds the top spot in AM Best’s annual ranking of the Top 50 Global...
London Workers Could Save Money by Returning to Offices as Bills Soar: Research August 17, 2022 By Olivia Fletcher City of London workers looking to save money may want to embrace the office over winter as the cost of...
Financial Services Companies Urged to Hire More Working-Class Managers August 16, 2022 By Huw Jones Financial services companies should set “stretching targets” for appointing people from working class backgrounds to senior positions, a UK government-sponsored...
Lingering La Niña Weather Phenomenon Boosts Threat of More Atlantic Hurricanes August 15, 2022 By Will Wade The odds of La Niña hanging around for a few more months are climbing, bolstering chances of more storms as...
Reinsurance M&A Slows Amid Macroeconomic Risks, Higher Natural Disaster Claims August 15, 2022 Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and...
Rhine River Water Levels in Germany Keep Falling, Forcing Ships to Sail Partly Loaded August 8, 2022 Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot...
Global Insurtech Investment Down 50% in Q2: Gallagher Re August 4, 2022 Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as...