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Swiss Re expects global P&C premiums to more than double by 2040 to $4.3tn

The reinsurer warns that climate risks could increase average weather-related property cat losses in advanced markets by more than 60%.

Luke Harrison, 06 September 2021
Mindy downgraded from tropical storm to depression overnight

The 13th named storm of the season made landfall in the Florida Panhandle on Wednesday.

Liz Bury, 09 September 2021
More than two thirds of Lloyd’s capacity available on Tremor platform

A total of 33 managing agencies have entered into agreements directly on the Tremor market.

Samuel Casey, 22 September 2021
Global build-out at BMS continues apace with Turkey launch

The broking business has added to its expansion in Asia, Latin America and the US.

Rachel Dalton, 26 May 2021
Swiss Re P&C unit reports 9M $283mn loss

The group booked a net loss of $285mn and negative return on equity due to cat losses, prior-year reserve charges and falling investment yields.

Rachel Dalton, 28 October 2022
Cyber rate rises continue above 30% for Q1: Aon

Aon’s report covering multiple classes and geographies highlighted improving conditions in D&O for the UK, and a moderation of rate rises in property.

Luke Harrison, 23 May 2022
Elsa to hit Florida’s west coast after return to tropical storm status

It was upgraded to a category one hurricane by the National Hurricane Centre last night before being downgraded in a public advisory at 2am (EDT).

Alex Frampton, 07 July 2021
Aircraft engines lessor sues insurers over ~$90mn losses from Russia-Ukraine war

The lawsuit argues that one engine that was leased out in Ukraine and 16 engines that were leased out in Russia have suffered physical loss or damages.

Jairo Ibarra, 03 March 2023
Dixie Fire destroys more than 1,000 structures

Winds and high temperatures point to potential further growth of the blaze.

Samuel Casey, 11 August 2021
Broker interest holding up MGA valuations: Insurance Advisory Partners

Ebitda multiples for MGAs are undented by rising interest rates, report claims.

Rachel Dalton, 07 June 2023

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