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WTW posts 3% organic growth in Q2 and expects acceleration in second half

Growth was slower than rival brokers, but CEO Carl Hess said investments would bear fruit in H2.

Samuel Casey, 28 July 2022
Munich Re pegs H1 nat-cat insured losses at $34bn

US severe thunderstorms caused insured losses of $17bn during the first half.

Rachel Dalton, 28 July 2022
Mapfre Re Q2 profit falls 32% to EUR34.3mn

The carrier’s reinsurance segment reported a combined ratio of 98.1%, a 3.5-point deterioration from the prior-year period.

Luke Harrison, 28 July 2022
Spring Insure launches commercial cyber product for SMEs

The coverage is provided in partnership with Beazley.

Rachel Dalton, 28 July 2022
Lloyd’s makes culture strides, but whistleblowing should be focus

The Corporation’s latest market survey on D&I shows key metrics moving in the right direction but persistent fears remain from individuals around speaking out.

Rachel Dalton, 28 July 2022
Scor P&C unit falls to EUR140mn Q2 loss on floods and storms

The carrier cut its GWP by 9.8% during the summer renewals, including a 24% reduction in exposure to the US.

Rachel Dalton, 28 July 2022
Pfister takes up new board role at Scor as Sorenson resigns

After serving as a director on Scor’s board for many years, Kory Sorenson has decided to resign due to personal reasons.

Luke Harrison, 28 July 2022
Stable H1 for ILS asset base as Fermat shoots into lead

The hardening rate environment in Florida provided a mid-year opportunity for some, but overall there was little growth.

Liz Bury, 18 July 2022
Everest Re’s Q2 CoR worsens 2.5 points to 91.8% as reinsurance cat losses mount

South African flood losses, Canadian and European storms and second-quarter events in the US were cited as contributors to the deterioration.

Kyoung-son Song, 27 July 2022
Arch Q2 CoR improves 2.7 points to 77.1% as reserve releases offset higher cat losses

The Bermudian also reported margin improvements and top line acceleration despite a decline in mortgage gross written premium.

Jairo Ibarra, 27 July 2022

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