New Zealand insurer Tower appoints Sharyn Reichstein as CRO

She will start her new role in July


Chubb unveils oil and gas underwriting restrictions but environmentalists point out "major gaps"

The insurer says initiative is an industry first, but environmentalists say policy falls short


Lloyd's posts £769m loss despite soaring underwriting profits

Underwriting profits total £2.6bn but investments lose £3.1bn


US P&C insurers record $26.5bn underwriting loss for 2022

Most due to auto lines and more severe cats


ESG reputational risks evolve fast, threaten insurers

Companies will be challenged by stakeholders, say panellists at Kennedys "Rise of Intangible Risk" seminar


Swiss Re: nat cat insured losses break $100bn threshold again in 2022

Natural catastrophes in 2022 included hurricane Ian, hailstorms in France and flooding in Australia


Maintain pricing discipline, despite easing inflation, says Swiss Re

The reinsurer says inflation will increase P&C claims costs by 5-7.5% across five main markets


Regulators alarmed over insurers' silent cyber and ransomware capabilities warns CRO Forum

The forum said regulators globally had increased focus on these threats