Parametric Insurance Can Help Close Global Protection Gap: Clyde & Co. Report January 9, 2018 By L.S. Howard Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in...
The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles January 3, 2018 By L.S. Howard Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
Swiss Re Says Global Insured Catastrophe Losses Will Hit $136B in 2017 December 20, 2017 Swiss Re AG estimates that global insured losses from catastrophes in 2017 will hit $136 billion, the third-highest on record...
Australia’s IAG Forms Capital-Releasing Deals with Munich Re, Swiss Re, Hannover Re December 8, 2017 By Paulina Duran Insurance Australia Group Ltd. said on Friday it will share 12.5 percent of its premiums and costs with Munich Re,...
Swiss Re Purchases 1.1 Million Life Policies from Legal & General for $873.6M December 6, 2017 Swiss Re has agreed to purchase 1.1 million life insurance policies from UK insurer Legal & General Group (L&G) for...
Zurich Insurance Plans to Double Allocation to Impact Investments, Earmarking $5B November 27, 2017 By Jan-Henrik Förster Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader...
As Re/Insurers’ Results Are Hit, ‘Substantial’ Rate Hikes Expected: Swiss Re November 22, 2017 Non-life re/insurers’ full-year underwriting results are likely to be severely impacted from the second half’s three hurricanes and earthquakes in...
Europe’s Re/Insurers Cut Coal Investments by $20B; U.S. Firms Fail to Act: Report November 16, 2017 Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S....
Hedge Funds Invest in Reinsurance Stocks on Expected Rate Hikes in 2018 November 16, 2017 By Maiya Keidan, Carolyn Cohn and Lawrence Delevingne Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North...
Growing Climate Risks May Be ‘Impossible to Model’ – and Ultimately Uninsurable November 13, 2017 By Jessica Shankleman After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get...