CRE Insurance
-
Spanish buyers see signs of softening but conditions remain tight
Rates are softening in the Spanish insurance market but underwriting continues to be rigorous and deductibles have not yet fallen,…
-
Historic floods put Spain’s cat pool in the spotlight
The tragic floods that hit the south of Spain in early November put the work of Consorcio de Compensación de…
-
UK property pricing up to 20% lower in Q3: Aon
Pricing in Europe became more buyer friendly in Q3, with long-term agreements available to allow clients to extend current softer…
-
Hannover Re raises profit target after 50% jump in Q3
Hannover Re has raised its profit target for 2024 by €200m after booking a 30% gain in net income in…
-
UK buyers buoyant on future of parametrics
Insurance buyers are still getting to grips with parametric insurance, and stress that it remains a bit of an unknown…
-
Insured loss estimates rise for Spanish floods
Estimates for insured losses from the fatal flash floods in Spain last week have risen sharply, after the country’s prime…
-
EU insurers should hold extra capital for fossil fuel assets: Eiopa
Europe’s insurers will have to meet additional capital requirements for any fossil fuel assets on their balance sheets to ensure…
-
Zurich sees no let up in social inflation
US social inflation and moves to broaden access to collective litigation in Europe are increasing the risks of catastrophe-sized liability…
-
Anra and Italian business worried about mandatory nat cat scheme
Italy’s risk management association Anra and those representing Italian business are concerned about the confusion that still reigns over the…
-
Zurich commercial rates up 4% in 2024
Swiss carrier Zurich Insurance recorded rate increases of 5% during the first nine months of 2024, with rises of 4%…
-
Munich Re’s Q3 profit down 20% after nat cat losses
Munich Re said it remains on track to outperform its 2024 profit target despite booking a 20% drop in its…
-
Signal Iduna buys Romanian insurer Garanta
German insurer Signal Iduna has acquired another Romanian insurer, securing a majority stake in Garanta Asigurări SA from Greek insurer…
-
Coface sees ‘steady rise’ in corporate failures in Q3
Trace credit insurer Coface has reported a “slow and steady rise” in Q3 losses from higher numbers of business failures.…
-
Beazley reports flat rates as premiums rise 7% for 9M
Overall rates have been flat this year for Beazley clients as the carrier increased written and net premiums by 7%…
-
Amrae forecasts smoother renewals for French companies as hard market ends
French risk managers are set to face more favourable conditions at forthcoming January renewals as the commercial insurance market stabilises…
-
Swiss Re sells digital insurer iptiQ
Swiss Re has found a buyer for its Luxembourg-based digital insurer iptiQ, after earmarking the unit for disposal earlier this…
-
Ferma ‘watchful’ of Solvency II proportionality promise
Ferma has called on insurance regulators at both European and national level to ensure reforms to the Solvency II regime…
-
European Council signs off Solvency II reforms
The Council of the European Union has signed off both new rules on Solvency II for European insurers and the…
-
Helvetia will reward cyber buyers in insurtech partnership
Swiss insurer Helvetia said it will use a cyber insurtech platform to improve its cyber underwriting and better assess the…
-
Antares creates separate commercial division and new UK retail carrier
Bermuda and London underwriter Antares is launching a UK company market insurer as part of a restructure that will create…