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Florida renewal ‘of diminishing consequence’ to RenRe: O’Donnell

RenaissanceRe CEO Kevin O’Donnell explained on an earnings call his take on the mid-year renewals and a relatively low impact of the Ukraine war.

Martha Muir, 04 May 2022
Verisk elects Hansen as chairperson of board of directors

Hansen’s appointment is in support of the company’s decision to separate the roles of chairman of the board and CEO.

Farhin Lilywala, 04 May 2022
Axis launches portfolio underwriting team

The specialty (re)insurer has appointed Axa XL’s Christine Cook as head of portfolio underwriting to lead the team.

Aisling Finn, 04 May 2022
Ukraine-Russia: The slow-burn, asymmetric, double-digit-billion clash loss

This publication unpicks one of the most complex loss events to hit the market to date.

Catrin Shi, 04 May 2022
AIG reports $85mn Russia-related Q1 estimated losses

Aircraft location and condition is driving uncertainty around Russia aviation losses, CEO Peter Zaffino said.

Jairo Ibarra, 04 May 2022
Hannover Re EUR143mn Ukraine charge excludes aviation

The carrier decided against booking a precautionary aviation charge due to a “lack of clarity”.

Liz Bury, 04 May 2022
EU proposing to sanction global Russian oil transport insurance: report

The bloc’s sixth round of sanctions are expected to prohibit insuring vessels transporting Russian oil.

Samuel Casey, 04 May 2022
Opinion: Hard-market tipping point must drive cyber ILS forward

There are still some hurdles preventing widespread ILS adoption of cyber risk, but momentum should increase.

Fiona Robertson, 04 May 2022
Allianz joins forces with Sanlam to create pan-African insurer

The pair will be present in 29 countries, and the chairmanship will rotate between the two firms every two years.

Aisling Finn, 04 May 2022
Hannover Re reserves EUR143mn for Ukraine as Q1 P&C profit falls 9%

The carrier also took heavier-than-budgeted major losses of EUR336mn.

Catrin Shi, 04 May 2022

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