Reinsurance
Guy Carpenter and Marsh to Combine South Africa Facultative Reinsurance Businesses
Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa facultative reinsurance operations into a single business, ...
Why Swiss Re Cares About GIS
"We believe in climate change. We want to take affirmative action…We want to close the protection gap and make the world more resilient. We believe in that—and we also want to take action in ...
Former Lloyd’s CEO Beale Joins Willis Towers Watson Board as Part of Activist-Spurred Revamp
Willis Towers Watson PLC , which has been under pressure from activist investor Elliott Management, appointed four new directors on Thursday as it looks to turn around its business following a ...
P/C Carriers’ Increased Reliance on Reinsurance Means Premium Hikes are Coming
American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those ...
Cyber Rate Hikes Could Climb 150% in 2022, but Other Lines Will Stabilize: Willis Towers Watson
North American commercial insurance prices should soften gradually in the coming months, bringing a slowdown in many premium rate hikes and more stability in 2022, Willis Towers Watson said in a new ...
As Insurance Demand Rises, Premiums Projected to Reach Record Levels: Swiss Re
Strong growth and record premiums are projected for the global insurance industry, as demand for risk protection increases, according to Swiss Re Institute's latest sigma study. The global insurance ...
Executives On The Move at AXIS, Willis Towers Watson and The Geneva Association
AXIS Capital Holdings appointed two executives to leadership positions within its ILS division. Willis Towers Watson a new Global Head of Broking and Broking Strategy. The Geneva Association chose a ...
Major European Reinsurers Report Strong 2021 Earnings to Date, Despite High Catastrophe Losses
All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period last year, according to a report from Fitch Ratings. Sharply lower ...