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Aircraft lessors sue 17 insurers over damages related to Ukraine war

The lead claimant on the case, Merx Aviation, has named Chubb as the first defendant.

Abbie Day, 05 January 2023
GDV downgrades 2022 premium outlook due to Ukraine: report

Premiums are forecast to grow buy 2.3% rather than 2.7%, according to the CEO of the German Insurance Association.

Rachel Dalton, 19 May 2022
Analysis: Charley and Tarpon Springs possible points of comparison for Hurricane Ian

Cat 4 Hurricane Charley made landfall on Florida’s west coast in 2004, while Tarpon Springs (1921) was the last major storm to hit Tampa.

Ben Wylie, 26 September 2022
Global insured cat losses reach $112bn in 2021: Swiss Re Institute

Hurricane Ida was the main loss-making event, but once again secondary perils generated more than half of global losses, according to the latest Sigma report.

Martha Muir, 14 December 2021
Brokers

McGill and Partners hires ex-Oneglobal CEO Reynolds as group CFO

The executive stepped down from Oneglobal in July after five years leading the firm.

Samuel Casey, 04 September 2025
Elsa highlights risk to Florida and East Coast from 2021 wind season: BMS

It said the current threat posed by Tropical Storm Elsa was an example of storms being more likely to hit America’s Eastern Seaboard this season.

Alex Frampton, 01 July 2021
InsurTech funding reaches $15.8bn in 2021

The total funding more than doubled, with InsurTechs raking in $15.8bn across 563 deals compared with $7.1bn across 377 deals the year previous.

Aisling Finn, 20 January 2022
Insurance job vacancies up by 74% year on year

Hiring levels at Ardonagh Group saw the fastest growth out of the Top 20 insurance companies, with an increase of 482%.

Luke Harrison, 09 February 2022
More than 10% of S&P’s insurance ratings to be placed ‘under criteria observation’: Litmus Analysis

In May, S&P Global Ratings estimated that its proposed new criteria for its insurer ratings methodology will lead to rating actions on up to 10% of rated carriers, but Litmus Analysis has stated that it expects that this estimate is not intended to represent the upper limit of possible rating changes.

Ayesha Venkataraman, 01 September 2023
Credit and political risk market on alert amid ‘global toxic cocktail’

Carriers in the class are reassessing risk appetites amid inflation, the Ukraine war and a growing risk of countries defaulting on sovereign debt.

Luke Harrison, 25 July 2022

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