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Zurich brings forward net-zero target by two decades to 2030
The insurer has teamed up with several carbon-removal suppliers to help it achieve its new goal.
Aisling Finn
,
31 March 2022
AerCap insurance claim higher than value of fleet in Russia
The insurer’s exposure in Russia ahead of the outbreak of conflict in the Ukraine was $3.1bn, with the lessor able to recover approximately $400mn worth of equipment thus far.
Aisling Finn
,
31 March 2022
Inflation uncertainty creates ‘bifurcated market’: MAP’s Trubshaw
The active underwriter of Syndicate 2791 called for models to account for rising prices.
Rachel Dalton
,
31 March 2022
Canopius swings back to £34mn profit as Covid-19 losses subdue
Catastrophe losses remained high in 2021, adding 5 points to the loss ratio for the year compared to 2020.
Luke Harrison
,
31 March 2022
AccuWeather forecasts 16-20 named storms in 2022 season
Chances of a major hurricane making landfall is above the norm this year.
Martha Muir
,
31 March 2022
Suncorp updates Oz floods claims count to 41,900
The firm’s retained loss remains at $A75mn ($56mn).
Liz Bury
,
31 March 2022
Axa XL Syndicate 2003 rebounds to 75% combined ratio for 2021
The 2021 result is the first time Syndicate 2003 has turned an underwriting profit in four years.
Catrin Shi
,
31 March 2022
US April reinsurance renewals expose emerging ‘sticker shock’ for buyers
There is a tension between securing payback and negotiating higher retentions.
Fiona Robertson
,
31 March 2022
Perils pegs loss from February European windstorms at EUR3.3bn
Most of the losses occurred in Germany, followed by the Benelux states, the UK and France.
Samuel Casey
,
31 March 2022
Data Council agrees CDR content in major step towards digitisation
In a landmark step for the Blueprint Two programme, the Data Council has agreed the content of the core data record for all risk classes.
Marcel Le Gouais
,
31 March 2022
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