GRM Insurance
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March 19, 2024
Indonesian general insurance industry to see strong growth in 2024
The general insurance industry in Indonesia is expected to grow by 14.8% in 2024, driven by favourable regulatory reforms, rising…
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March 19, 2024
Specialist insurer CFC enters carbon insurance market
Specialist London-headquartered insurer CFC has entered the carbon insurance market with the launch of a new product – carbon delivery…
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March 19, 2024
Hong Kong general insurance sector sees premiums rise but profit fall
The Hong Kong general insurance industry saw total gross premiums increase by 4.1% to $67.3bn in 2023, according to provisional…
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March 19, 2024
Chubb launches global transactional risk platform
Chubb has launched a global transactional risk platform that will offer its products across international markets while boosting its existing…
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March 19, 2024
Hannover Re beats guidance after 134% gain in net income to €1.83bn
Hannover Re’s net income more than doubled in 2023 to €1.83bn from €781m, beating earnings guidance of €1.7bn after Q4…
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March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
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March 18, 2024
Miller adds to new fine art and specie team
Miller has added Lance Thorpe as a specie account executive within its recently created fine art and specie team, which…
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March 15, 2024
Soaring climate losses see insurers exit ‘uninsurable’ areas
Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the…
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March 14, 2024
US cyber backstop gathers momentum
Discussions to establish a US cyber insurance backstop, which should spur competition and innovation in the cyber insurance market, are…
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March 12, 2024
Mounting interest in casualty captives as market toughens
Multinationals are increasingly looking to put casualty exposures within captives, particular for areas where the insurance market is proving difficult,…
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March 12, 2024
Antares reports healthy growth in continued ‘positive’ market conditions
Antares Global, the Lloyd’s-based group of insurance and related service companies owned by Qatar Insurance, announced strong growth in 2023…
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March 12, 2024
HDI Global Specialty appoints head of single risk in Australia and New Zealand
HDI Global Specialty has appointed Paula Ritchie as head of single risk in Australia and New Zealand. Single risk is…
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March 12, 2024
Déal named MD of DUAL France as MGA builds out French team
DUAL Europe, Howden’s MGA, has appointed Guillaume Déal from Everest as managing director of its recently created French business. The…
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March 12, 2024
Coalition adds Aspen to panel of cyber insurers
Cyber managing general agent Coalition has agreed to a multiyear capacity deal with Aspen Specialty. Aspen’s capacity will be available…
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March 11, 2024
Our future skies – with AIG
Marie Owens Thomsen – Senior Vice President Sustainability & Chief Economist, IATA – shares her insights on the impact of…
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March 11, 2024
Lloyd’s only exceeds cost of capital for first time in a decade with record results
Risk managers seeking evidence of a significant market softening to offer their CFOs a more optimistic outlook will be disappointed…
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March 11, 2024
HDI Global makes board changes as McDonald exits
Industrial insurer HDI Global, owned by Talanx, has announced changes at board level, with Claire McDonald – head of HDI…
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March 8, 2024
Ten-year high for US P&C sector’s net underwriting loss
The US P&C sector’s net underwriting loss rose to a ten-year high of $38bn in 2023, driven by severe weather-related…
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March 7, 2024
Lloyd’s achieves huge jump in underwriting profit to £5.9bn as rates rise 7%
Lloyd’s saw its underwriting profit more than double last year to £5.9bn from £2.6bn in 2022, helped by price rises…
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March 7, 2024
Beazley delivers record profit as CR falls to 71% and property rates rise 22%
Beazley’s profit before tax jumped 115% last year to a record $1.25bn, with the insurance service result, or underwriting profit,…