The Supervisory Board of Munich Re has appointed Dr. Thomas Blunck (age 57) as the chair of the Reinsurance Committee...
Torsten Jeworrek News
Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured,...
It’s been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry’s successful...
Reinsurers and insurers for years have been worried about systemic risks – those uninsurable risks with the potential of surpassing...
Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of...
Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely...
Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit...
The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael...
Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a...