SCOR has joined act4nature international, an alliance of companies committed to accelerating concrete business action in favor of nature and biodiversity. Signatory of the Finance for Biodiversity Pledge and member of the Finance for Biodiversity…
Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE effective 31 December 2021.
The horrific images of the devastation wreaked by Hurricane Ida and Storm Bernd remain vivid in our minds, says Christoph Jurecka, Munich Re CFO.
Michal Nejthardt, recently promoted to Head of Digital at Munich Re of Africa (MRoA), says that his new role involves identifying business development opportunities that can be accelerated or unlocked using the array of digital tools and solutions…
Hannover Re increased its Group net income in the first nine months of the financial year by 28% and considers itself still in position to achieve the profit target set for the current financial year.
The fact that this year’s Nobel Prize for Physics went to climate researchers shows that the world should have listened to the experts sooner, says Joachim Wenning, Munich Re Chair of the Board of Management.
Driven by the performance of its property and casualty businesses, Swiss Re reported a Group net income of USD 1.3 billion in the first nine months of 2021.
Successful risk protection products depend on finding a perfect balance between product design and price, with teams of actuaries working behind the scenes to measure the impact of distribution and underwriting practices on price, and the impact…
In Q3 2021, Munich Re’s result was burdened by high losses from natural catastrophes. The company estimates that windstorm Bernd, which led to flooding and flash floods in Germany and neighbouring countries,
SCOR Chairman, Denis Kessler has been appointed as new Chairman of the Reinsurance Advisory Board (RAB), a specialist representative body for the European reinsurance industry.
The most serious losses in Europe this year were in connection with the floods that struck Central Europe in mid-July.
Lloyd’s today announced an aggregated profit of £1.4bn for the first half of 2021 (HY 2020: £0.4bn loss), driven by a substantially improved underwriting result of £1bn.
The prospects in reinsurance are favourable thanks to the economic recovery that set in after the lockdowns, and to price increases following the long soft-market phase
Estimated insured losses from natural catastrophes at USD 40 billion are the second highest on record for a first half after 2011
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