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Hurricane Ian: Three major questions for the industry as storm heads for Florida
Reinsurers are better positioned to face this storm from a financial point of view – to Florida state’s detriment – but how capital providers will react to a loss is the wildcard.
Latest News
If transacted successfully and in full, a deal for the state-backed icare could be the largest-ever single legacy transaction in terms of volume of liabilities.
The business has retained Evercore to advise on future funding options.
The holding company’s approval from regulators means that Dale Underwriting Partners Syndicate 1729 can migrate from Asta to Dale’s own new managing agency.
The carrier has put in place further curbs on metallurgical coal, tar sand extraction and fracking.
Opinion
Opinion
Long reads
Long reads
Yesterday, we published a detailed examination of the barriers preventing women from reaching the executive committees of Lloyd’s managing agencies.
In the first part of a two-piece investigation, Insurance Insider explores the pernicious barriers to women reaching the executive committees of Lloyd’s managing agencies.
North American companies also pay executives more relative to company size than European rivals.
The median 2021 compensation of industry leaders in the US and Canada was $7.7mn, compared to $4.9mn in Europe.
Inflation: Defining the focus areas for 2022/23
Inflation will define priorities such as a focus on safeguarding clauses and pricing transparency, as well as line of business challenges, for underwriters and actuaries in the year ahead.
Most Read
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Aon and WTW close to settlement of Miami fac team poaching case
23 September 2022 -
Tropical Storm Ian expected to reach hurricane strength en route to Cuba
26 September 2022 -
UK government PI scheme for high-rise assessors goes live
26 September 2022
Analysis
This publication’s review of H1 disclosures shows how listed (re)insurers’ nat cat losses have tallied with aggregate projections.
Sources said that some entities were exhibiting “sheer desperation” to hit 2022 plans, driving down prices.
How much capacity is available to meet rising cat reinsurance demands was a key theme throughout this year’s Rendez-Vous.
Political violence reinsurance capacity will be a “precious commodity” at 1.1 but differences remain over how much restructuring of specialty composites should occur.
More News
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InsurTech Sherpa eyes $10mn Series A round in Q4 2022
23 September 2022 -
The Week in 90 Seconds: Lloyd’s messaging; Nanmadol; BMS
23 September 2022 -
Caribbean and Florida brace for ninth storm of season
23 September 2022 -
Previsico appoints Stubbs as partnerships manager
23 September 2022
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Atlantic Canada faces Sandy-level damage from Hurricane Fiona
22 September 2022 -
WTW hires Marsh’s Brunero for global downstream energy leadership role
22 September 2022 -
Ardonagh confirms Price Forbes Peru launch
22 September 2022 -
Munich Re Syndicate energy and aerospace chief Grainger resigns
22 September 2022 -
Iumi appoints Garex MD Denèfle as president
22 September 2022
Interviews
Interviews
The firm's ethos will remain the same, but the bigger balance sheet may help it win clients and absorb volatility.
The carrier will “hold the line” on property exposure with its key renewal clients, the executive explained.
The International Underwriting Association’s CEO Dave Matcham believes certain Blueprint Two projects can be vital in attracting more business to the London market.
The carrier's president said in some areas of the market, (re)insurers are dropping pricing too soon.
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From our other titles
From our other titles
From Inside P&C
Hurricane season: What if the wind does not blow?
If the hurricane season continues to be mild, it could impact pricing momentum.
From Insurance Insider
From Inside P&C
Hippo Investor Day: Sink or swim
The InsurTech’s investor day presentation highlighted several measures the company is taking to turn its results around, but will they be enough?
From Insider Engage
MGAs: mature and still growing
Managing general agents are continuing to give the reinsurance market a much-welcome boost
