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Hurricane Otis will be a ‘major loss’ for Munich Re in Q4: CFO Jurecka
The carrier reported EUR770mn of losses in Q3, and the Maui wildfires were the costliest event, with losses amounting to EUR200mn.
Aisling Finn
,
08 November 2023
Conduit Re’s Sandor steps down as non-executive director
Richard Sandor is widely regarded as being the architect of interest rate derivatives when he served as the vice president of the Chicago Board of Trade.
Ayesha Venkataraman
,
08 November 2023
Arch launches intangible assets team with Aon’s IP MGA
The five-person underwriting team will be led by Ian Lewis, who has been named head of intangible assets.
Ayesha Venkataraman
,
08 November 2023
Market enjoys best underwriting conditions for 20 years: Hiscox
CFO Paul Cooper said rates would be increasing “steadily to modestly” come 1 January.
Abbie Day
,
08 November 2023
Axa XL names Gerbaud as CUO for APAC & Europe
Adias Gerbaud will be responsible for developing underwriting strategies, optimising product offerings and driving profitability for Axa XL in Europe, Asia and Australia.
Ayesha Venkataraman
,
08 November 2023
Lloyd’s sets up 10-year ethnic-diversity programme as research highlights slave trade role
The Corporation’s head of culture Mark Lomas said: “We know we can’t undo the past, but we can do something about the inequalities we see today.”
Fiona Robertson
,
08 November 2023
Conduit Re posts 50.3% increase in GWP amid 'strong' market conditions
The reinsurer noted that no event loss, individually or in the aggregate, had a material impact during the period.
Abbie Day
,
08 November 2023
Munich Re posts P&C combined ratio of 82% for Q3
The carrier reported major losses for the quarter of EUR770mn, a significant reduction on the EUR2.1bn reported in the same quarter last year.
Aisling Finn
,
08 November 2023
Hiscox increases top line by 5.5% YTD to $3.8bn
The carrier said that aggregate nat cat losses year to date are within budget despite an "active" third quarter.
Abbie Day
,
08 November 2023
APCIA Postcard: Casualty back-years in focus as agg alternatives in discussion
The mood at the association’s annual meeting is vastly more congenial this year, but challenges remain, particularly around long-tail lines.
Rachel Dalton
,
08 November 2023
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