Europe
We provide extensive on Europe's major re/insurers
AIG shares rocket after Q1 profit surge
Global giant’s stock climbs 5.3% as insurance shares enjoy largely positive week
Hiscox Q1 premiums rise 10.2% on strong retail demand
Bermuda-based re/insurer reports ‘limited’ loss notifications from Middle East conflict
Outlook stable for European insurers, Moody's forecasts
Slow growth and war pose concerns but so far no immediate dangers, rating agency says
The slow (cash)flow of insurance premiums
Manual processes and outdated systems are hindering the movement of money for re/insurers
Swiss Re adds $400m to reserves for inflation from Iran conflict
Supply chain disruption and higher energy costs caused by the Iran conflict are expected to push up claim’s costs, chief financial officer warns
Ferma launches climate resilience financing initiative
Open Sesame project brings together risk, finance and sustainability experts to help unlock financing for preventative and adaptive climate measures
Axa XL cuts reinsurance premiums 7% as rates soften
Commercial lines premiums at Axa Group unit rise 2% in first quarter, driven by property and specialty lines
Atrium appoints Haque to lead casualty reinsurance
Naveed Haque joins Lloyd’s carrier from RenaissanceRe
Scor posts P&C earnings beat despite buffer building
French reinsurance giant cuts first quarter combined ratio to 80.2% on the back of benign catastrophe losses
Aventum acquires marine MGA Post & Co
Acquisition aims to provide Aventum with a platform across Continental Europe to strengthen marine capabilities
Apollo looks to AI to channel ‘collective knowledge’
The Lloyd’s underwriter is working to integrate AI into daily operations and avoid the technology becoming compartmentalised
Apollo to enter international casualty market
Lloyd’s carrier hire Berkley Re executive Tim Mackenzie to lead new line
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