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Munich Re’s Jeworrek: Upholding reinsurance pricing ‘absolutely necessary’

The intensity of recent cat activity in the US, Japan and Europe means the market is positive for reinsurers, the executive said.

Rachel Dalton, 07 September 2021
German regulator probes Allianz on events leading to Alpha Funds losses: reports

An investigation by Germany’s financial watchdog BaFin is looking across multiple departments of Allianz’s business, according to Reuters.

Marcel Le Gouais, 07 September 2021
Aspen posts 97% combined ratio in H1 as remediation takes effect

The carrier has non-renewed around $800mn of business in the past 18 months.

Samuel Casey, 07 September 2021
Legacy insurance companies to InsurTech Newcos: Welcome to the jungle!

The newcomers are finding it more difficult to disrupt the sector than they had expected.

Insurance Insider US Research, 26 August 2021
McGill: Reinsurance broking landscape to ‘evolve rapidly’ post Aon-Willis failure

The CEO said large US retailers and wholesalers may look to enter reinsurance.

Rachel Dalton, 07 September 2021
Axa completes $264m sale of insurance operations in Gulf

The carrier has finished the sale of its 50% shareholding in Axa Gulf and 34% shareholding in Axa Cooperative Insurance Company.

Luke Harrison, 07 September 2021
Pen Underwriting appoints Hiscox’s Dixon as head of tech

Tom Dixon will begin in his role on 23 September, reporting to Adrian Scott, managing director of international and financial lines.

Luke Harrison, 07 September 2021
Moody’s reinstates stable rating for reinsurance as Covid threat recedes

Reinsurers with third-party capital platforms said to be well-positioned for a return to growth in alternative capital.

Liz Bury, 07 September 2021
Watson to leave Lloyd’s Council after maximum nine-year service

A ballot will be held in late October to find a replacement Council member for a term beginning in February 2022.

Samuel Casey, 07 September 2021
Neal on ESG: Climate represents 'biggest opportunity' for (re)insurance

The Lloyd’s CEO told Insurance Insider’s (Re)Connect conference that carriers will need to measure progress and disclose activities at a customer level during the transition to net zero.

Marcel Le Gouais, 07 September 2021

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