Liability
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September 2, 2022
Hong Kong general insurers see surge in underwriting profit for first half
The Hong Kong general insurance industry saw a surge in underwriting profit from $794m to $2,545m for the first half…
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September 1, 2022
Korean non-life insurance market to see moderate growth, says Korean Re
The Korean non-life insurance market is expected to grow by 4.6% to KRW112.6trn in 2022, according to a report released…
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September 1, 2022
Söderberg & Partners launches specialty operation to serve global clients
Söderberg & Partners has launched a new specialty brokerage operation to help large, global companies manage their complex risk profiles.…
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August 31, 2022
Market report: Hard market in India but liberalisation continues
The Indian insurance market is facing similar issues to other global insurance markets with rates still hardening and terms and…
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August 31, 2022
Reinsurers turn from property nat cat to casualty and specialty: Best
The reinsurance sector continues to see positive and negative drivers affecting the market cycle which have tended to counter each…
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August 31, 2022
Berkshire Hathaway Specialty appoints new head of casualty for Middle East
Berkshire Hathaway Specialty Insurance (BHSI) has promoted Mohammed Hannoun to head of casualty for the Middle East. He takes over…
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August 30, 2022
Moderate EMEA P&C price rises in Q2 but German buyers suffer challenging conditions: Aon
Moderate price increases continued for most P&C insurance buyers in Europe, the Middle East and Africa (EMEA) during the second…
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August 23, 2022
Growth in Japan’s general insurance market to be driven by demand for commercial insurance, says GlobalData
A rise in demand for commercial insurance lines as a result of nat cat events, cyberattacks and geopolitical risks will…
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August 22, 2022
Marsh, AIG and Liberty collaborate on hydrogen energy cover to support sector growth
Broker Marsh has launched the world’s first insurance and reinsurance capacity for hydrogen energy risks, alongside insurers Liberty Specialty Markets…
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August 18, 2022
New head of London US casualty at SiriusPoint
Phil Wooldridge has been appointed as head of London US casualty at global specialty insurer and reinsurer SiriusPoint. He will…
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August 17, 2022
Beazley’s Smart Tracker offers hope of a more efficient market
There has been much talk in recent times of how insurtech will revolutionise the insurance market by enabling more accurate…
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August 10, 2022
Mitsui Sumitomo buys hybrid fronting company Transverse to boost US expansion
Mitsui Sumitomo is buying US-based hybrid fronting company Transverse to build its presence in the US market. Terms of the…
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August 1, 2022
Rates increases steepest in UK and US but moderation trend continues: Marsh
Commercial insurance rates were up across all global regions in the second quarter with the steepest rises again in the…
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July 29, 2022
Aon reports strong revenue growth on back of ‘modestly positive’ market
Aon has reported further strong second-quarter revenue growth on the back of the ongoing firm global insurance market and a…
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July 29, 2022
Gallagher reports 26% jump in Q2 revenue and warns reinsurance hardening will impact primary rates
Arthur J Gallagher said reinsurance market hardening will show in primary pricing as it reported $2.01bn total revenue for the…
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July 28, 2022
London’s PI market expects rates and claims to climb
The majority of London’s professional indemnity (PI) market carriers believe rates will continue to rise during the next 12 months,…
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July 28, 2022
Rate increases moderating as competition heats up: Greenberg
Commercial P&C rate increases are moderating as competition heats up, particularly for some casualty-related risks, said Chubb chairman and CEO,…
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July 27, 2022
AXIS Capital latest carrier to post strong growth but profits marred by investment hit
Bermuda-based AXIS Capital is the latest international (re)insurance group to report strong premium growth on the back of continued market…
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July 27, 2022
Lancashire says best rates for a decade will continue into 2023 on delivering $78m H1 profit
Lancashire Holdings reported a 44% increase in pre-tax profit to $78m for the first half of 2022, on the back…
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July 27, 2022
Conduit Re posts Ukraine-related H1 loss but sees bright outlook with capacity tight
Conduit Re, the pure-play Bermuda-based but London-listed reinsurer that was launched in 2020, has delivered further strong growth driven by…