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Bernd to be Allianz's largest nat cat loss at EUR1.1bn

The insurer pegged its updated gross claims figure higher than the Elbe flood of 2002.

Liz Bury, 25 October 2021
Insurers should be ‘enablers’ of carbon removal tech: Axa XL’s Scatliffe

Axa XL’s global sustainability director set out practical considerations for insurers in their net-zero transitions at a conference today.

Marcel Le Gouais, 18 November 2021
Willis announces $1bn increase to share buyback scheme in aftermath of Aon merger collapse

The broker has also stated plans to invest in “organic and inorganic growth opportunities” over the next three years.

Luke Harrison, 26 July 2021
River Fire burns 4,500 acres in southern California

The blaze is threatening 600 structures in a year when the number of wildfires has exceeded that of record-breaking 2020.

Alex Frampton, 14 July 2021
Marsh unearths major gaps in firms’ emerging risk modelling and preparedness

A global survey finds vast disparities in measures for cyber, regulation and climate risks.

Marcel Le Gouais, 20 May 2021
Swiss Re warns of climate change and the rising cost of debt having adverse impacts on insurance

The report outlined 17 recurring and emerging risks (re)insurers should be aware of.

Aisling Finn, 16 June 2023
BMS hires Price Forbes’ Collier and Saggers in energy expansion

Ex-Miller broker Andrew Vertigan will also join BMS’ energy team as it looks to strengthen its service offering.

Samuel Casey, 03 March 2023
Lloyd’s launches private impact fund with focus on climate goals

Lloyd’s has launched a fund on its new investment platform to enable the market to invest globally in assets themed around climate adaptation, mitigation and social inclusion.

Marcel Le Gouais, 12 April 2023
Consolidation, resilience and climate change: The PRA’s priorities for 2021/22

The UK regulator is planning to review the impact of M&A on financial resilience.

Marcel Le Gouais, 24 May 2021
Carriers fear property insurance to values are off by 30%: Amwins

In the firm’s 2023 State of the Market report, it covered multiple classes, warning that for property (re)insurance in particular, inflation will likely continue to inflict pressure.

Abbie Day, 22 February 2023

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