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Reinsurers must push for underlying change in post-Ian hard market: panel

A harder retro market will have a knock-on effect for London reinsurers, a panel of executives said at today’s London Market Conference hosted by Insurance Insider.

Fiona Robertson, 21 November 2022
Conran joins Liberty Specialty Markets as CUO

The appointment completes the CUO team at Liberty Mutual’s Global Risk Solutions office of underwriting.

Liz Bury, 21 November 2022
Lloyd’s market has ‘unique’ opportunity to grow treaty: Neal

The Corporation’s CEO said the market could be 50% bigger in treaty reinsurance business.

Rachel Dalton, 21 November 2022
QBE blows through cat allowance with expected $1.06bn full-year net cat cost

The insurer’s expected full-year combined ratio is 94% and constant currency GWP growth 10%.

Liz Bury, 21 November 2022
COP27 recap: The climate debate pivots to metrics and resilience

Announcements and interviews at the UN conference have shed light on the tools emerging to help carriers decarbonise their underwriting portfolios.

Marcel Le Gouais, 21 November 2022
Nicole revives Florida reform urgency as ailing domestic carriers face surplus erosion

Expanded state reinsurance support and legal reforms will be top priorities as Florida insurers face another retention loss.

Farhin Lilywala, 11 November 2022
Ascot exits US retro market as severe capacity crunch looms

It is understood that Ascot will continue to write worldwide retro business.

Catrin Shi, 18 November 2022
AmRisc capacity crunch beckons as QBE, AIG discuss withdrawal of paper

The two insurers are believed to provide in excess of 20% of the cat MGA’s capacity.

Adam McNestrie, 18 November 2022
Chubb secures regulatory approval to increase Huatai stake to 83.2%

Prior to approval, the commercial carrier owned 47.3% of the Chinese insurance group.

Jairo Ibarra, 18 November 2022
Lloyd’s estimates net Hurricane Ian losses at $2.3bn-$3bn

The market share for the storm of 3%-5% is below syndicates’ historical average for US wind events.

Rachel Dalton, 18 November 2022

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