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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
Swiss Re to 'streamline’ reinsurance with reorganisation

Under the new structure, Urs Baertschi will run P&C Re, while Paul Murray will lead L&H Re.

Aisling Finn, 02 February 2023
AFG’s Q4 CoR jumps 5.9 points to 86.6% on ‘average’ crop performance

The property and transportation division’s CoR deteriorated 9.5 points to 90% in the fourth quarter, driven by its crop insurance operations.

Kyoung-son Song, 01 February 2023
Markel’s Q4 loss ratio up 8.4 points to 60.3% despite reinsurance improvement

The firm’s insurance LR rose to 60.7% from 49.1%, while the reinsurance LR moved down to 58.7% from 64.1%.

Jairo Ibarra, 01 February 2023
RenRe’s property cat portfolio will ‘substantially grow’ in 2023: CEO O’Donnell

The January 1 renewal for 2023 was “one of the most profound” the company has ever had, the CEO said.

Kyoung-son Song, 01 February 2023
Chubb CEO: ‘If conditions are right, Chubb is a risk taker in property cat’

Evan Greenberg addressed questions about property cat reinsurance on a Q1 earnings call.

Jairo Ibarra, 01 February 2023
Marsh McLennan appoints Piccolomini, Tomlinson to drive cross-firm collaboration

They will lead a new effort to deliver “innovative solutions” at the intersections of Marsh, Mercer, Guy Carpenter and Oliver Wyman.

Farhin Lilywala, 01 February 2023
Ex-Chaucer marine chief Graham lands at AGCS to lead London marine

It emerged in August that Philip Graham was leaving Chaucer after more than two decades at the company.

Samuel Casey, 01 February 2023
Hannover Re share price dips after IFRS17 2023 income guidance

Analysts expressed surprise at the “underwhelming” profit and RoE projections.

Rachel Dalton, 01 February 2023
Geopolitical divides causing global business disruption: WTW

According to WTW’s report, countries are “de-aligning” from the West due to the declining influence of the US and its allies.

Aisling Finn, 01 February 2023

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