World’s Biggest Re/Insurers Expanding in Africa, but Climate Change Could Hit Profits June 10, 2022 By Emma Rumney The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class,...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results April 18, 2022 Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential...
SCOR Reports 19% Premium Growth in January Renewals, Average Price Hikes of 4.9% February 8, 2022 SCOR reported 19.0% premium growth during the January property/casualty (P/C) reinsurance renewals and an overall average P/C price increase of...
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...
People Moves: SiriusPoint Promotes Chester for U.S./Canada Reinsurance; Banyan Risk Names Ascot’s Horrobin as Co-Founder, Co-CEO; SCOR Reinforces Sustainability Teams January 10, 2022 This edition of International People Moves details appointments at re/insurer SiriusPoint, specialty MGA Banyan Risk and reinsurer SCOR. A summary...
People Moves: Definity’s Board Appoints Former Swiss Re Exec Schmid; SCOR Promotes Mumme-Young for Political & Credit Risk; Cathay Pacific’s Howell to Marsh Aviation December 22, 2021 This edition of International People Moves details appointments at Definity Financial Corp., SCOR and Marsh. A summary of these new...
Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping December 15, 2021 Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon...
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...
People Moves: Tysers’ Allen to Oneglobal Bermuda; MS Amlin Promotes Wallington for Specialty Re; Kessler Named Chair of Insurance Europe’s Reinsurance Advisory Board October 25, 2021 Allen appointed as Head of Financial Lines for Oneglobal Bermuda Oneglobal Broking, the London-based specialist broker, announced that Christina Allen...