Reinsurance
Reinsurance Rate Hikes Will Continue (and Moderate) in 2022: Fitch Ratings
Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes expected as a result of higher catastrophe losses, continued ...
Urbint Raises $60M to Scale Up Incident Prevention Software Tech
Urbint, a software startup that can benefit insurers and risk managers, raised a $60 million venture capital round that will help the company scale its technology and develop new products. Energize ...
Munich Re’s Groves, John & Westrup Expands into Private Client Sector
Groves, John & Westrup Ltd. has been a coverholder for Munich Re's Lloyd's syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out ...
CEOS From Travelers, Apple, Amazon and More Will Talk Cyber at the White House
The White House is hosting an event on Wednesday that will bring together America's largest technology companies for a discussion about cybersecurity challenges following a raft of high-profile ...
South Africa’s State Insurer Will Raise Premiums to Address Riot-Related Reinsurance Costs
South Africa's only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs following some of the worst unrest in decades, the head of the state-owned ...
Former Markel Exec Rivos Joins AXIS as Credit & Surety Senior Underwriter
A former Markel executive is joining AXIS Re in a leadership role. Alexander Rivos is AXIS Re's new senior underwriter for Credit & Surety. He will report directly to Camilo Rodriguez, Head of ...
Rate Hikes, Lower COVID-19 Claims Leads to Higher H1 Profits for Europe Reinsurers: Moody’s
The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a ...
Near-Normal Tropical Storm Activity Predicted Through Sept. 1
Researchers from Colorado State University see near-normal tropical storm activity in the Atlantic Ocean, Caribbean and Gulf of Mexico through Sept. 1, according to a forecast update issued on ...