Archives for INSURANCE - Page 131
Munich Re to partner with digital agriculture firm Farmers Edge
By Charlie Wood ____ Global reinsurer Munich Re is partnering with digital agriculture firm, Farmers Edge, on data-driven parametric weather insurance solutions. Farmers Edge says Munich Re’s reinsurance…
Insurance recruits head of specialty aviation business in Europe
By Matt Sheehan -' AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, has announced that Filip Vandeputte has been appointed to lead its AXIS Specialty Europe…
New Dawn Risk expands presence in Asia with SpecialistRe partnership
Charlie Wood -- Specialist insurance intermediary New Dawn Risk is entering into a partnership with Singapore-based advisory and consulting firm SpecialistRe. It’s hoped the move will strengthen the…
Munich Re to stop covering businesses against pandemic losses: reports
By Charlie Wood Global reinsurer Munich Re will no longer be providing cover to businesses against pandemic losses, according to reports from Bloomberg. This comes after the company…
Continental Re secures $71.7mn gross premium income in H1
By Charlie Wood Pan-African reinsurer Continental Reinsurance plc has reported a gross premium income of $ million for the first half of 2020. This figure represents a 27% growth…
Continental Re enhances agricultural reinsurance capabilities through Agritask
By Luke Gallin Pan-African reinsurance company, Continental Reinsurance plc, is looking to enhance its agricultural reinsurance operations via the utilisation of Agritask’s risk management platform. Agritask, the…
COVID-19 pressure to drive capital event for top reinsurers: S&P
With insured losses and investment volatility from the COVID-19 pandemic having already eroded much of the industry’s earnings buffers for 2020, analysts at S&P have warned that it may only…
Reinsurer returns still insufficient relative to risks: Moody’s
By Matt Sheehan Despite reinsurance pricing having built much upward momentum over the course of the year, analysts at Moody’s remain adamant that the sector’s returns are still insufficient relative…
Reinsurance capital down 3%, on both traditional & alternative sides: Willis Re
By Steve Evans The traditional and alternative capital sides of the global reinsurance market both declined by around 3% in the first-half of 2020, according to the latest data from…
Underwriting income for US P&C fell by 5.5% in H1, says AM Best
By Katie Baker-- Underwriting income for the property and casualty (P&C) industry fell by in the first half of 2020 when compared with the first half of 2019, on increases…
