Catastrophe Bond Market Defies Global Selloff With Record Returns October 16, 2023 By Gautam Naik As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central bankers, one...
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...
Rising Claims Costs Limit US P/C Profitability in 2023 September 27, 2023 While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in...
How Reinsurers Can Win in the Game of Volatility September 12, 2023 By L.S. Howard Executive summary: Reinsurance underwriting is all about finding equilibrium between reinsurers’ reason for being—reducing the volatility of cedents earnings—and producing...
Non-Life Insurers’ Profits to See Boost From Higher Rates September 11, 2023 Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates...
P/C Insurers Set to Significantly Improve Profitability Even as Claims Rise: Study September 11, 2023 Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates...
New Study Says Autonomous Vehicles Significantly Reduce BI/PD Claims September 7, 2023 A new study has revealed that autonomous-vehicle technology reduced bodily injury claims frequency by 100% and property damage claims frequency...
Swiss Re Ordered to Pay Former Underwriter $1.6M for Sexism, Unfair Dismissal August 25, 2023 A former Swiss Re underwriter has been awarded nearly 1.3 million pounds ($1.6 million) by a London employment tribunal for...
Munich Re Again Tops List of 50 Largest Reinsurers With Swiss Re at No. 2: AM Best August 23, 2023 By L.S. Howard Munich Re holds onto the top spot in AM Best’s annual ranking of the top 50 global reinsurance groups for...
Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row August 22, 2023 By Tom Metcalf and Marion Halftermeyer Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...