Reinsurance
Marine insurance will survive the Hormuz crisis — some marine insurers may not
Aggregated multi-line losses and constructive total loss claims could have a significant impact on the market and individual carriers
Re/insurers eye return to Venezuela
Activity is beginning to emerge in sectors such as oil and gas after the US kidnapping of president Nicolas Maduro, generating expectations of new insurance demand
Schroders and Hannover Re place blockchain ILS contract
Transaction marks real-world debut of technology piloted in 2024
Urbanisation and inflation drives ballooning SCS losses
Macroeconomic and socioeconomic reasons, rather than weather or climate factors, are causing rapid increase in severe convective storm losses, according to Gallagher Re
Aon pegs Q1 insured losses at $20bn
US severe convective storms and winter weather account for majority of losses
AM Best upgrades SiriusPoint ratings to A
Ratings agency cites disciplined underwriting, portfolio de-risking and reduced catastrophe exposure behind the move
Claims litigation surges since introduction of Insurance Act
Case volume rise 180% in the 10 years since the Insurance Act came into force
Morningstar backs European nat cat pool proposal
Plan would close protection gap and increase financial stability, rating agency says
Hamilton launches $300m casualty sidecar
Bermuda firm partners with Sixth Street on first casualty sidecar
More than two-thirds of carrier M&As add value, study finds
Carriers that seek economies of scale often lose out, according to Acord
California authority calls for state-backed wildfire cover
Agency backs stronger measures to extend wildfire cover and more mitigation
Swiss Re names Revell global head of marine and energy
Revell has more than 30 years of reinsurance experience
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