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Willis Re passed final staffing test ‘with flying colours’: Kent

In an interview, the new Gallagher Re CEO noted that his former company had been weighed down by nearly two years of uncertainty, telling this publication: “That stops today.”
Latest News
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Lloyd’s launches consultation on core data record

The Corporation is seeking market views on the second iteration of the CDR before it is ratified by the new Data Council.
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PwC UK pegs Storm Arwen loss at up to £300mn

With sustained windspeeds of more than 60mph, the storm disrupted power supplies and transport lines
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Convex obtains reciprocal jurisdiction insurer status in US

The status will allow the Stephen Catlin-led business to write US reinsurance without posting reinsurance collateral.
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Ki secures $130mn ESG-linked credit facility

The facility is linked to the ESG rating of Ki’s Funds at Lloyd’s and builds on investment guidelines the business has established for third parties.
Opinion

The ticking clock to transparency on net-zero transition

Amid an onslaught of announcements on climate disclosure requirements, listed insurers have a limited timeframe to prepare.
26 November 2021
Analysis
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London market pricing in 2022: Is the party over?

The market is assessing whether planned single-digit rate rises will outstrip burgeoning claims inflation.
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The Irma counter-reaction: Hopes grow that $35bn Ida estimate will prove over-done

Nearly three months on, the event still seems heavily stacked towards residential claims.
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European reinsurers at Q3: The cat question

Swiss Re, Munich Re, Hannover Re and Scor have set out divergent strategies on cat as volatility increases and the retro market seizes up.
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Insurance market walks the energy transition tightrope

Sources say the insurance industry will not walk away en masse from existing clients.
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From Inside P&C

Slide: UX + Big Data + ML + VC = :)

The size of the raise for a full-stack cat-exposed insurer implies that we have entered a new phase of VC exuberance.
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From Trading Risk

ILS outflows visible, but quota-share drought will shift 2022 market

The topic of quota-share support is becoming all the more crucial because supply is shrinking at the same time as demand is rising.
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From Inside P&C

P&C call sentiment: Management’s carefully tailored perspective

Insurance carriers tend to favor a negative outlook during their earnings calls, even when its unwarranted.
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From Insider Engage

Aspen US Liability Head: Expect Growth in Construction, Hospitality in 2022

As the economy continues to rebound after the pandemic, insurers expect to see growth in construction and hospitality business in 2022, said Rebecca Gitig, head of US primary liability for Aspen Insurance.
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