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Swiss Re warns insurers over severe global recession or stagflation threat
The reinsurer said carriers could face challenges around underwriting profits and solvency levels.
Rachel Dalton
,
04 October 2023
Everest continues London cargo hiring with CNA Hardy’s McCarthy
The marine build in London is part of the carrier’s primary insurance expansion strategy.
Samuel Casey
,
04 October 2023
Lloyd’s stresses need for regular confirmation of valid letters of credit
The Corporation made the comments as part of revised guidance on Tier 2 capital limits.
Samuel Casey
,
04 October 2023
Hive and Allianz team up for AVN52 capacity
The capacity, provided by Allianz, will allow Hive to deepen its exposure in the class.
Aisling Finn
,
04 October 2023
Howden takes Marsh’s downstream placement head Kumar as hiring spree continues
Upstream energy broker David Patten has also left Marsh.
Samuel Casey
,
04 October 2023
Dual Europe launches Rotterdam-based marine team
The MGA has hired MS Amlin’s Aram Stoop and Pim de Pooter for its marine hub.
Rachel Dalton
,
04 October 2023
Postcard from CIAB: Casualty creeps into the conversation
Loss severity and prior-year development in US casualty dominated discussion at The Broadmoor.
Catrin Shi
,
04 October 2023
Aircraft lessor Greylag sues insurers over ~$230mn grounded units in Indonesia
Avenue Capital-backed Greylag claimed that insurers denied coverage of the two lost aircraft, which have a value of nearly $110mn and $120mn, respectively.
Jairo Ibarra
,
03 October 2023
Irish minister highlights new duty of care regime as more favourable to insurers
The minister stated that it is time for insurers to step up and increase their risk appetites and reduce prices in response to the reforms.
Ayesha Venkataraman
,
03 October 2023
PRA to run dynamic stress test for insurers in 2025
The test will involve simulating a sequential set of adverse events over a short period of time, the watchdog said.
Abbie Day
,
03 October 2023
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