-
The carrier said InsurTech investment was driven by specialty and commercial solutions during the year.
-
TigerRisk Capital Markets has been retained to advise, and the business is being marketed to run-off carriers.
-
The UN’s Principles for Sustainable Insurance is helping to ensure ESG practices are embedded across all aspects of the insurance industry.
-
Trade bodies shared concerns today on the London (re)insurance market’s global competitiveness, in the first session of a House of Lords inquiry into regulation.
-
The ratings agency is allowing more time for feedback on proposed changes to assessing insurers’ capital adequacy levels.
-
The insurer increased its occurrence treaty coverage by $300mn as the aggregate deal shrank, following a full loss to reinsurers in 2021.
-
This was the second year the insurer drew down its full reinsurance limit.
-
The Axa XL executive said a parliament inquiry into London market regulation provides a platform to raise issues around the absence of UK captives and domestic reinsurers.
-
The firm said its preference for single class exposures had constrained growth in specialty lines as brokers sought to push different classes together in combined programmes.
-
The industry is expected to improve its return on capital slightly in 2022.
-
Richard Pike joins Howden Re from Berkley Re, where he was responsible for regional ceded reinsurance.
-
Charles Kasmer stepped down from his role as group chief actuary at Catalina in June 2021.
