All reinsurance articles
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Commercial insurance rates continue to moderate, says Marsh
Cyber rates continue to rise at slower pace; financial and professional rates fall for a second quarter
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Cyber: Why are buyers opting to retain risk? And other questions
Some surprising trends have emerged in the industrial cyber risk landscape. What does this mean for 2023?
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Hong Kong unveils risk and insurance roadmap
Markets in the Mainland and Hong Kong will be brought closer to transform the SAR into a ’global risk management and insurance hub’
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Korean Re adopts coal-exit strategy
The move is welcomed, but there are calls to go a step further and restrict coal from its treaty business
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The end of globalisation is nigh, warns Russell Group
Industry must brace for profound changes ahead as economies shift away from globalisation after three decades
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sigma study examines risk in a multi-polar world
“Friend-shoring” and reshoring of supply chains, investments in green energy and mitigating a food crisis will shape the risk landscape
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Economic stresses drive social unrest in LatAm
As with Sri Lanka, protests are being driven by inflation, adding to economic and social stresses initially caused by COVID
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Floods across Asia drive H1 cat losses
Floods in India, China and Bangladesh confirm the growing loss potential from floods in urbanised areas
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Sri Lanka riot claims to exceed $3m
Widespread riots broke out in Sri Lanka following an attack on anti-government protests in Colombo on 9 May
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Targeting Asia’s protection gap
How innovation can build natural catastrophe resilience across the region
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Australian insurers resilient to flood losses - Fitch
Net losses will be “much lower” than ICA’s current gross estimate of $2.5 billion due to reinsurance recoveries
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Reinsurance Pool legislation passes in Australia
The risk pool for cyclone and cyclone-related flood will launch in just three months
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Floods drive 2021 cat losses to $270 billion
Already in the first quarter of 2022, major flooding in eastern Australia has caused widespread devastation
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Chaucer and Moody’s launch ‘game changing’ ESG scorecard
Tool will evaluate businesses’ risks and opportunities based on 158 different ESG metrics
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Gallagher Re: 2021 third largest cat year for re/insurers
Reinsurance broker urges a rethink of the impact from “secondary perils” as extreme weather events drive loss tally
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Australia to consult on cyclone reinsurance pool
The government has released draft legislation for a reinsurance pool for cyclones and related flood damage from 1 July 2022
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Reinsurance bosses face up to systemic risks
Transparency is needed as re/insurers navigate the systemic risk potential of pandemics, cyber and climate change
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Climate crisis to fuel rapid insurance growth - sigma
Climate-related risks are expected to result in a 22% increase in global property premiums, or up to $183 billion, over the next 20 years
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Is the ‘harsh market’ starting to ease?
At mid-year, pricing for most classes of business was back to technical levels - but cyber remains an outlier