Brazilian reinsurer IRB Brasil Re seeks to raise close to US $300 mn
Brazilian reinsurance company IRB Brasil Re set to announce a new share offering, as it seeks to raise close to US $300 million
Brazilian reinsurance company IRB Brasil Re set to announce a new share offering, as it seeks to raise close to US $300 million
Re/insurance broker Aon has announced a new collaboration between its Impact Forecasting team, the University of California, Merced and the University of California
Swiss Re announces the launch of its new investment advisory company and wholly owned subsidiary Swiss Re Insurance-Linked Investment Advisors Corporation
Reinsurer Munich Re has announced a profit of €768 million and €1.4 billion for the second-quarter and first half of 2022, respectively, driven by a solid performance
Hannover Re, one of Europe’s largest reinsurers, has announced net income of €649 million for the first half of 2022, while the firm’s property and casualty
The Insurance Regulatory and Development Authority of India has proposed new rules that would allow Indian insurers and reinsurers to raise capital in different forms
Global re/insurance broker AON announced that its Q2 2022 total revenue increased by USD 97 million, or by 3%, to USD 2.98 billion compared to… Read More »Global reinsurance broker AON announced that its Q2 2022 total revenue increased to $3 bn
Specialty re/insurance group Ascot and broker Marsh have launched a marine cargo and war facility, which will provide coverage for vital grain and food products… Read More »Ascot and Marsh provides $50 mn of cover in marine cargo & war insurance for Ukraine
Ukraine’s ports have been closed since Russia’s invasion in February with marine insurers based in Lloyd’s of London and the wider London commercial insurance
Swiss Re Global Business Solutions (GBS) India, the analytical and innovation hub of Swiss Re, will launch a new centre in Hyderabad. The new GBS… Read More »Swiss Re Global Business Solutions India and T-Hub expands into the Innovation Hub
French reinsurer SCOR has reported a net loss of €239 million for 2022, driven by claims related to the drought in Brazil, flooding in Australia… Read More »French Reinsurer SCOR has reported a net loss of €239mn
Lloyd’s of London explains market engagement approach for Blueprint Two. Published on its website, it outlined three areas under which it was tackling engagement: On… Read More »Summary & Roadmap of Blueprint Two. How Lloyd’s will be engaged with Insurance Market?
HSBC Life has teamed up with Square Health and UnderwriteMe to launch a digital underwriting innovation that facilitates frictionless medical screening request processing. According to reports, medical screening requests can… Read More »HSBC, Square Health and UnderwriteMe partnered to create a digital underwriting
Munich Re faces a “non-trivial” exposure to the ongoing aviation crisis concerning jets stranded in Russia, possibly via its “war risk” policies
AM Best’s recent assessment of Lloyd’s operating performance highlights the rating agency’s expectation that London Insurance Market will produce strong technical performance over the underwriting… Read More »AM Best affirmed the Financial Strength Credit Ratings of Lloyd`s
CyberCube, a cyber risk analytics firm, has announced that specialist re/insurance broker McGill and Partners, will be using its cyber risk analytics platforms as part… Read More »Reinsurance broker McGill will be using CyberCube`s cyber risk analytics
Global reinsurer SCOR has said it does not expect the recent monkeypox virus outbreak to cause a significant impact for re/insurers. This is due to… Read More »SCOR doesn’t expect the recent monkeypox virus outbreak to impact for insurers
Munich Re Syndicate, the Lloyd’s of London Marine & Specialty underwriter of reinsurance giant Munich Re, is set to back MiKargo247, a new insurtech, created… Read More »Lloyd’s Marine & Specialty underwriter is set to back insurtech MiKargo247
With reinsurance backing from Munich Re, Chainproof aims to bridge the worlds of traditional insurance and decentralized finance (DeFi)
Lloyd’s of London has said that it is now collecting information on the impact of inflation on reserving, to ensure underwriters, members and syndicates are… Read More »Lloyd’s will collect information on inflation’s impact on reserving
Insurance Europe has published a series of country fact sheets that highlight the trade and market access barriers that European reinsurers face in Argentina, Brazil, Canada, India and Indonesia. Removing these… Read More »Trade and Market access barriers that insurers face
Global reinsurer capital fell by $30bn from the end of 2021 to the end of the first-quarter of 2022. In a statement that this was driven mainly by unrealised losses
Munich Re and Swiss Re typically have the largest share of hurricane losses among the European reinsurers. They have historically incurred the highest share of… Read More »Munich Re and Swiss Re have the largest share of hurricane losses