Archive

  • Suncorp CEO discusses alternative reinsurance with Australia's Assistant Treasurer

    26 February 2024

    "Regulatory requirements" impeded Suncorp's use of it so far, says Steve Johnston

  • Tower hones in on risk-based pricing and more parametric covers

    21 February 2024

    New Zealand group shifts strategy after large losses in 2023

  • Diversification is key to 2023's record premiums, says Mapfre chief

    14 February 2024

    The Spanish-based insurer has proposed an increased dividend payout

  • P&I Clubs rate hikes needed for "price adequacy" in next week's renewals, says AM Best

    12 February 2024

    Hikes of between 5% to 7.5% are expected, lower than 10% seen a year ago

  • China Re reveals level of domestic green energy reinsurance in 2023

    08 February 2024

    Other cover included parametric policies covering abalone and rice-shrimp prices

  • Strategies to manage cyber risk diverge among Europe's re/insurers

    07 February 2024

    Despite this, AM Best still expects significant growth in the market

  • "It's not an exact science" Hannover Re CEO explains about reserves increase

    07 February 2024

    Increased reserving significantly impacted the firm's 2023 operating result

  • Reinsurers have "lost their appetite for Australia" admits non-life association's CEO

    06 February 2024

    Suncorp says secondary peril risk-modelling has supplanted diversification benefits, in reinsurers' eyes

  • Markel eyes exit of unprofitable casualty subsegments in 2024 strategy

    02 February 2024

    The insurer's combined ratio of 98% for 2023 was described as "disappointing"

  • Consumer advocate urges Australian government to reinsure flood, not just cyclones

    02 February 2024

    Alternative is for government to pay for the uninsured, Australian Consumers Insurance Lobby warns