Property
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April 4, 2024
South Africa to see continuing property and motor rate increases
Premium rate increases for property and motor insurance in South Africa are expected to continue in 2024 driven by reinsurance and…
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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
Fidelis Partnership’s Syndicate 3123 gets in principle approval
Lloyd’s has granted in principle approval for the launch of The Fidelis Partnership’s Syndicate 3123, in collaboration with global specialty…
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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 25, 2024
RSA names Collman property lead for UK specialty lines
RSA Insurance has appointed Tony Collman as property director in its UK specialty lines business. Collman has been filling the…
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March 22, 2024
London market seeing more benign conditions but uncertainty remains
Improved results by many insurers in the London insurance market have supported a transition towards more benign market conditions, characterised…
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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 18, 2024
Corporates gaining confidence in parametric solutions
Martin Hotz, head parametric nat cat, Swiss Re Corporate Solutions , talked to Global Risk Manager about the growing interest…
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March 15, 2024
UK government urged to support new reinsurance panel for combustible clad buildings
A new reinsurance facility covering commercial and residential buildings cladded in combustible materials has been launched in the UK, more…
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March 15, 2024
Firms urged to adapt approach to lithium-ion battery fire risks
QBE Europe is urging companies to put in place appropriate risk management and fire safety controls to tackle lithium-ion battery…
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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…
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March 13, 2024
McLarens creates UK entertainment unit with new team hires
Global claims service firm McLarens has launched an entertainment and contingency unit in the UK and Ireland, with a focus…
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March 11, 2024
EMEA pricing flat in Q4 and easier than other regions: Aon
The EMEA insurance market was flat overall from a pricing perspective in the last quarter of 2023 and slightly easier…
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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
Compulsory cat cover back on agenda for German state ministers
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has…
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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,…
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March 7, 2024
Dynamic shift in appetite from Singapore and Malaysia insurance markets
Both the Singapore and Malaysia markets show a dynamic shift in insurers’ focus, with a heightened appetite for cyber, marine,…
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March 6, 2024
Reinsurance prices to peak this year after ‘modest’ rises in months ahead: Moody’s
Global reinsurance prices are likely to peak at multi-decade highs in 2024 as competition intensifies, according to Moody’s. The ratings…
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March 5, 2024
European market to stabilise further with rate decreases on the cards in H2
Brokers predict that European insurance buyers will see the market stabilise further in 2024 and may begin to see more…
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March 5, 2024
Latin America and Asia see big growth in ‘true risk managers’ as insurance becomes business enabler
Risk and insurance managers in key growth markets Latin America and Asia are becoming more sophisticated as their businesses expand…