Reinsurance
Experts Say Insurers Focusing on Diversity, Inclusion Have No Time to Waste
Diversity and inclusion initiatives are vital for insurers that want to close the talent gap and tackle any branding issues the industry faces, and there is no time to waste. That's according to ...
G20 Companies Will Face Common Disclosure Requirements on Climate Change Risks
G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how ...
PwC Will Establish Hybrid Post-COVID Work Schedule for UK Staff
PricewaterhouseCoopers will give UK staff Friday afternoons off this summer and allow them to choose the amount of time they spend working from home as part of a post-pandemic shakeup of working ...
P/C InsurTech Venture Capital Surpasses $1B in Q1; Several Startups Raise Large Rounds
Property/casualty related InsurTech financings in the 2021 first quarter came together at a healthy clip, as startups focused on addressing needs in an insurance industry facing accelerated ...
Catastrophe Bonds: The Next Frontier for Socially Responsible Investing
Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters such as hurricanes, earthquakes and pandemics, is ...
April 1 Reinsurance Renewals Continue Hard Market Trends: Willis Re
International reinsurance renewals completed for April 1 followed trends set earlier in the season, as market pricing remained firm in virtually all classes and territories. Capacity was adequate ...
COVID-19 Cancels London Market Insurers’ 2020 Profits, but Rates Are Rising
Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a report published by Fitch Ratings. The main drivers of ...
Australia’s Floods Will Hit Insurers’ 2021 Earnings, Lead to Reinsurance Rate Spike
Insured losses from Australia's March floods are expected to hit general (or property/casualty) insurers' underwriting margins and earnings in 2021, while putting more upward pressure on reinsurance ...