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Australia flood claims double, reinsurance programmes triggered

Suncorp and RACQ set to recover losses through reinsurance.

Liz Bury, 01 March 2022
Howden signs deal to acquire Italian broker Assiteca

Assiteca is the second Italy-based broker purchased by Howden since the turn of the year following the acquisition of specialist insurance broker and risk consultancy Tower.

Luke Harrison, 01 March 2022
Swiss, Munich and Scor: Cat budgets hiked and portfolios reworked

Earnings reports from Swiss Re, Munich Re and Scor have revealed increased cat budgets and highlighted continued shifts away from frequency coverage.

Rachel Dalton, 01 March 2022
TransRe non-renews $700mn Farmers QS line as it pivots portfolio

The deal’s exposures are focused in the troubled personal auto market where loss costs have been running ahead of rates.

Adam McNestrie, 28 February 2022
Aon hit by cyberattack, expects limited impact

Following the cyber incident, the broker launched an investigation with the support of third-party advisers, incident response professionals and counsel.

Jairo Ibarra, 28 February 2022
Darag builds out risk function with Beazley’s Pryde as group CRO

The incoming executive spent 16 years at Beazley, most recently as CRO and executive director.

Aisling Finn, 28 February 2022
Lloyd’s makes Potter special adviser to CFO Keese

The former head of GC Securities will be tasked with easing investment in Lloyd’s underwriting.

Rachel Dalton, 28 February 2022
Kilhams family and colleagues create industry mental health charity

The group aims to create a legacy for respected underwriter Nick Kilhams, who died in 2021.

Rachel Dalton, 28 February 2022
Germany commits EUR21mn to climate risk as IPCC issues dire warning

The IPCC has issued its bleakest warning yet on the impacts of climate change on the environment.

Samuel Casey, 28 February 2022
Berkshire Hathaway’s insurance profits up 11% in 2021 on P&C rebound

Specialty primary business also delivered better underwriting profits, as BHSI grew 36%.

Fiona Robertson, 28 February 2022

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