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IGI treaty rates rose 30% in Q1, PV increased 40%: Jabsheh

The executive said IGI is seeing similar trends in treaty rate renewals during the second quarter of the year.

Jairo Ibarra, 17 May 2023
Wefox secures $110mn from Series D extension round and credit facility

JP Morgan and Barclays provided the InsurTech with $55mn in a revolving credit facility.

Abbie Day, 17 May 2023
ICA appoints Delaney and Kangatharan as non-exec directors

The appointments follow the resignation of Youi CEO Hugo Schreuder from the board.

Abbie Day, 17 May 2023
Munich Re has 'appetite and capacity for cat': CFO Jurecka

The reinsurer has cat capacity available at 1.6 and 1.7 where pricing meets its margin targets.

Liz Bury, 17 May 2023
Zurich hails ‘robust’ growth as Q1 P&C premiums rise 6% to $11.97bn

Growth was mainly driven by rate increases, with North America accounting for 50% of P&C expansion.

Samuel Casey, 17 May 2023
Perils ups Cyclone Gabrielle loss estimate to NZ$1.9bn

Perils increased the loss estimate by 25% due to a significant increase in average claim size across residential and commercial property lines.

Aisling Finn, 17 May 2023
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
Conduit Re GWP hits $278mn as property GWP nearly doubles

The carrier said it was on track to hit a mid-80s combined ratio by the end of the year while continuing to prioritise the most attractive classes of business.

Aisling Finn, 17 May 2023
Opinion: No easy answers for energy insurers navigating the transition

Both oil and gas and renewables insurers are at the sharp end of the insurance industry’s ESG journey.

Samuel Casey, 17 May 2023
IGI Q1 loss ratio climbs 13.3 points to 45.7% on higher cat losses

The (re)insurer’s losses were driven by various cat events, including the earthquake in Turkey and flooding in New Zealand from Cyclone Gabrielle, both in February.

Jairo Ibarra, 16 May 2023

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