February 3, 2023
February 1, 2023
January 30, 2023
January 27, 2023
February 1, 2023
January 31, 2023
January 20, 2023
National insurance program manager Distinguished Programs has announced a new partnership with SiriusPoint to expand into environmental, construction pollution and professional insurance. As part of the multi-year program agreement, SiriusPoint’s environmental team, led by Doug Stepenosky, will move to Distinguished […]
January 4, 2023
P&C insurer Chubb, has announced the launch of a new global climate business unit, drawing on the company’s technical capabilities in underwriting and risk engineering, and also bringing together Chubb units engaged in traditional, alternative and renewable energy, climate tech, […]
December 28, 2022
Ship insurers said they are canceling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance […]
Geo-Political, Risk Management
January 30, 2023
Reinsurance NewsA new report from J.P. Morgan has stated that the recent California floods are unlikely to be a huge loss for the insurance industry. The California floods hit from late December to early January. The state was hit with extreme […]
Brokers, Financial, Risk Management
January 27, 2023
Reinsurance NewsGlobal insurance and reinsurance broker, Arthur J. Gallagher & Co., has reported adjusted net earnings of $367.9 million for the fourth quarter of 2022 within its brokerage operations, which alongside higher earnings in its risk management segment, more than offset […]
January 24, 2023
Reinsurance NewsDespite heightened catastrophe losses and economic uncertainty, Fitch Ratings expects improved underwriting performances for Bermuda re/insurers in 2023, driven mainly by accelerating premium rates, alongside a market reset in pricing, terms and conditions. The rating agency states that the underwriting […]
January 23, 2023
Insurance BusinessNorth American travelers were plagued by extraordinary travel disruptions over the recent holiday season, compounded by a “once in a generation” winter storm that struck the US. Thousands of flights were disrupted by the megastorm in late December, while a […]
January 18, 2023
January 18, 2023
January 10, 2023
January 9, 2023
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