Reinsurance
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April 26, 2024
Talanx confident of ‘significantly exceeding’ full-year forecast
Hannover-based insurance and reinsurance group Talanx has reported a quarterly consolidated net income of €572m. The group – which contains…
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April 25, 2024
Cyber cat consortium launched to help transfer systemic risk
Ariel Re and Hiscox Re & ILS have launched an “industry first” cyber catastrophe consortium to ultimately boost coverage in…
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April 23, 2024
Munich Re ‘more likely’ to exceed 2024 profit target after €2.1bn gain in Q1
Munich Re has posted a preliminary net profit of €2.1bn for the first quarter of 2024, significantly outrunning analysts’ expectations…
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April 18, 2024
Munich Re reorganises P&C underwriting in Asia Pacific, Middle East & Africa
Munich Re has reorganised its local P&C underwriting in Asia Pacific, Middle East and Africa (APAC MEA) with stronger local…
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April 16, 2024
Aon names Sapra head of reinsurance solutions India
Aon has announced the appointment of Shailendra Sapra as CEO of the firm’s reinsurance solutions in India and a member…
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April 10, 2024
Robust earnings will help rein in reinsurance price hikes through 2024
A rebound in reinsurance industry capital, prompted by strong reinsurer earnings, should help keep reinsurance pricing in check during 2024…
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April 9, 2024
Reinsurance prices ‘peaked’ ahead of next round of renewals, says Berenberg
Reinsurance prices are likely to have peaked, according to analyst Berenberg, but strong levels of demand for protection will balance…
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April 3, 2024
Swiss Re names Andreas Berger as CEO
Swiss Re has named Andreas Berger, CEO of Swiss Re Corporate Solutions, as its next group CEO. Berger will take…
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April 3, 2024
Japanese casualty reinsurance saw largest hikes at 1 April
Casualty reinsurance renewals in Japan saw the largest increases at April 1 while property markets were less challenged than in…
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April 2, 2024
AXA doesn’t expect ‘material’ group losses from bridge collapse
AXA doesn’t expect losses at its AXA XL unit, which leads the $3bn excess of loss reinsurance cover for the…
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April 2, 2024
Aon reports favourable property cat reinsurance renewal at 1 April
April’s property catastrophe renewals in Japan mimicked trends seen in the US at 1 Jan, with pricing flat to slightly…
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March 28, 2024
Insured losses from bridge collapse could reach $4bn and harden marine market: Morningstar
Insured losses from the collapsed Francis Scott Key Bridge that was struck by a container ship and disruption to the…
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March 27, 2024
Europe’s reinsurers ‘strong enough’ to build additional reserves, says AM Best
Europe’s four largest reinsurers – Munich Re, Swiss Re, Hannover Re and Scor – more than doubled combined earnings in…
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March 27, 2024
Hannover Re combines cyber and digital in new specialty unit
Hannover Re will combine its global cyber and digital business in a move that it said will further strengthen its…
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March 26, 2024
Marsh launches Bermuda-based cyber-only group captive
Marsh has launched a cyber-only group captive insurance company in Bermuda. Edgware Re is a group captive for organisations seeking…
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March 25, 2024
Guy Carpenter names new Asia Pacific leadership
Guy Carpenter has announced the appointment of Ben Savill as CEO of Pacific from 1 April. Savill will be based…
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March 21, 2024
Talanx says industrial lines growth strategy is paying off
German insurance and reinsurance group Talanx has reported that insurance revenue in its industrial lines division, led by HDI Global…
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March 19, 2024
Stability returning to EMEA insurers’ credit ratings, says AM Best
Credit ratings at European insurers and reinsurers are more stable following strong premium rate increases and a comparatively benign year…
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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 15, 2024
French nat cat carrier posts big technical loss from rising weather events
French state-backed catastrophe carrier CCR recorded a significant technical loss of €112m for 2023 due to heavy natural disasters in…