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McGovern: London market must address ‘demographic problem’
Sean McGovern, chair of the London Market Group, outlined why it is critical for the trade body’s outreach programme to build the market’s talent pipeline and attract data science expertise.
Marcel Le Gouais
,
05 May 2023
Hurricane Ian: The gravity-defying Florida loss?
Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma.
Fiona Robertson
,
02 February 2023
Quad State tornadoes devastate Kentucky, ‘likely first EF5’ in eight years: BMS’ Siffert
The BMS meteorologist said early data indicated “truly historic outbreak”, and that similar events typically cost the industry in the low-single digit billions of dollars.
13 December 2021
Q1 losses to drive Munich Re P&C Re CoR above consensus
Overall the group’s net result is likely to exceed consensus at EUR1.3bn.
Rachel Dalton
,
28 April 2023
QBE Syndicate 2999 reports 98.4% CoR as net claims ratio rises
The syndicate said that claims were “marginally worse” than expected in 2022, but manageable.
Abbie Day
,
03 April 2023
Insurance stocks drop as financial sector reels from SVB collapse
The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector.
Rachel Dalton
,
13 March 2023
London ILS 2023: PRA now resolving standard ILS applications in a month
At Trading Risk’s London ILS 2023 conference, the PRA’s head of division for London markets, Andrew Dyer, explained how the PRA is executing its plans to bolster the UK ILS market.
Marcel Le Gouais
,
26 April 2023
Thousands displaced after Cyclone Gabrielle strikes New Zealand
More than 140,000 homes are without power, while buildings and roads have been destroyed.
Rachel Dalton
,
15 February 2023
BMS promotes specialty-business head Gormley to UK CEO
The former managing director is tasked with continuing specialty (re)insurance growth in London and Bermuda.
Rachel Dalton
,
29 June 2022
Munich Re posts P&C re combined ratio of 86.5% despite elevated cat losses
The result was impacted partly by EUR600mn of losses caused by the earthquake in Turkey in February.
Liz Bury
,
17 May 2023
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