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Articles for 31 July 2024
Daily Digest: Axis CEO on CrowdStrike, Aviation rates slow, Munich Re on nat cat losses
Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2024-07-31T17:40:12
Conduit Re grows H1 premiums 36%
Property and specialty lines continue to be drivers of growth for Bermuda-based reinsurer
Online Published Date: 2024-07-31T17:40:12
Influencers must have liability cover under new French law
A French law aimed at combatting abuses by influencers on social media and regulating their commercial influence creates liability insurance obligation
Online Published Date: 2024-07-31T17:40:12
Deep thoughts: why deep sea mining poses more questions than it answers
Romie Goedicke, co-lead for nature at the UNEP FI, outlines the concerns surrounding deep sea mining and the potential risks for re/insurers
Online Published Date: 2024-07-31T17:40:11
Cyber insurers to ‘reset’ business interruption coverage after CrowdStrike outage: Tizzio
Axis Capital chief executive says the incident provides an opportunity for cyber underwriters to reconsider coverage in areas such as contingent business interruption and non-malicious events
Online Published Date: 2024-07-31T16:40:10
Munich Re pegs H1 natural catastrophe insured losses at $62bn
Insured losses, driven by US severe convective storms, were more than two-thirds above 10-year trend
Online Published Date: 2024-07-31T13:40:10
Aviation rates slow in H1 amid growing competition
Competition for income and market share contribute to an overall softening of the market, Marsh says
Online Published Date: 2024-07-31T12:40:10
Swiss Re appoints Malmström as group CFO
Malmström joins from Athora Holdings, where he was group chief financial officer
Online Published Date: 2024-07-31T10:40:13
Maui wildfire claims outlays top $2.34bn
Disaster has generated just over 10,000 claims, with 52% tied to residential property
Online Published Date: 2024-07-31T09:40:10
PartnerRe's H1 earnings cut by cat losses and reserve strengthening
Net earnings for the first half of the year fell 55% to $353.3m
Online Published Date: 2024-07-31T09:40:10
Arch books 78.7% COR in second quarter
Carrier's net earnings surge 90% to $1.26bn, driven by reinsurance segment
Online Published Date: 2024-07-31T09:40:09
Axis delivers record earnings per share for Q2
Bermuda-based carrier trims combined ratio to 90.4% as operating profits surge to $250m
Online Published Date: 2024-07-31T08:40:13