Content from L.S. Howard
Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points
Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils, which is leading reinsurers to require higher ...
January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle
The most challenging January reinsurance renewals in nearly two decades saw global property-catastrophe rate increases of 25-60 percent, with loss-affected clients facing even higher prices, ...
January Renewals See Hardest Property-Catastrophe Reinsurance Rates in Generation
A convergence of global events has led to the hardest property-catastrophe reinsurance market in a generation and a "complex," "grueling" and "late" January renewal season, which went down to the ...
D&O Buyers See More Capacity, Competitive Conditions, but Risk Factors Loom: Allianz
Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions, a slowdown in M&A activity, as well as an influx of new ...
Collapse of FTX Provides Governance Lessons for Insurers: AM Best
The collapse of the cryptocurrency exchange FTX demonstrates the dangers of failures of corporate governance, according to a commentary published by AM Best. While FTX is not an insurance company, ...
Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re
Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia, and hailstorms in France and the U.S., have cost global insurers an estimated $115 billion so far ...
Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard
As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are ...
Zurich Insurance Plc Plans to Redomicile From Ireland to Germany in Post-Brexit Move
Zurich Insurance Plc (ZIP), the Dublin-based, wholly owned subsidiary of Zurich Insurance Group, plans to relocate to Germany as a result of the UK's exit from the European Union. Since the Irish ...