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NOAA forecasts above-average hurricane activity for 2022 season
NOAA predicts there is a 65% chance of an above-normal season, a 25% chance of a near-normal season and a 10% chance of a below-normal season.
Aisling Finn
,
24 May 2022
Axa XL promotes financial lines chief Benet to global CUO
The executive replaces Nancy Bewlay, who has moved to run the reinsurance division.
Rachel Dalton
,
24 May 2022
InsurTech Cygnvs raises $55mn in series A round
The InsurTech (pronounced Signus) provides clients with the ability to securely connect and collaborate with brokers, insurers, vendors and policyholders.
Aisling Finn
,
24 May 2022
NFP chooses TigerRisk for FI line slip mandate
The line slip will allow carriers, MGAs and ILS funds to transact directly with the Lloyd’s market.
Rachel Dalton
,
24 May 2022
Senior Aon retro leader Stubbings to join McGill
The broker had led Aon’s Global ReSpecialty brand since 2019.
Fiona Robertson
,
24 May 2022
R&Q’s Accredited signs six-year tie-up with Policy Expert
The deal with the UK home and motor MGA is the company’s second long-term partnership.
Rachel Dalton
,
24 May 2022
Insurers face annualised losses of 70% in BoE’s worst-case climate test
The Bank of England’s report warned of significant data gaps and said general insurers are at risk of climate-related litigation.
Aisling Finn
,
24 May 2022
AIG hires Chaucer’s cyber practice head Hunt as UK CIO
Prior to joining, Laura Hunt was cyber practice head at Chaucer for seven years.
Luke Harrison
,
24 May 2022
Met Office predicts higher-than-average North Atlantic storm activity
Researchers forecast 18 named storms, nine hurricanes and four major hurricanes between June and November 2022.
Aisling Finn
,
24 May 2022
Allianz: Ukraine war to slow premium income growth over 2022
Climate risk and demographic change will continue to drive expansion over the next decade, according to a report.
Rachel Dalton
,
24 May 2022
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