As reinsurance rates continued to soften at the mid-year renewals, the return on equity (ROE) for full year 2025 is expected to decline from 2024, although remain above the cost of equity and at a … [Read More...] about Reinsurer returns to remain robust with steady ROE through 2027: Guy Carpenter
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Reinsurer returns to remain robust with steady ROE through 2027: Guy Carpenter
Athora to acquire Pension Insurance Corporation for £5.7bn
Pan-European savings and retirement services group, Athora, has reached an agreement to acquire Pension Insurance Corporation Group Limited, the parent of Pension Insurance Corporation plc, a … [Read More...] about Athora to acquire Pension Insurance Corporation for £5.7bn
Mid-year renewals shows reinsurers now eager to expand in Florida: Gallagher Re
According to reinsurance broker Gallagher Re’s 1st View mid-year renewal report, recent legislative reforms in the State of Florida encouraged reinsurers to write across the board at the mid-year … [Read More...] about Mid-year renewals shows reinsurers now eager to expand in Florida: Gallagher Re
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Rates trending downward but soft market still 2-3 years away: Peel Hunt
Specialty re/insurance rates remain adequate on average and are trending downward, though a soft market is likely still 2–3 years away, according to a recent report by Peel Hunt. Following their participation in the recent Lloyd’s Tour, Peel Hunt analysts met … [Read More...] about Rates trending downward but soft market still 2-3 years away: Peel Hunt
UNDP, TNFD, KPMG launch ‘NATURE-INSURE’ to tackle biodiversity risk
UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk. Biodiversity loss and … [Read More...] about UNDP, TNFD, KPMG launch ‘NATURE-INSURE’ to tackle biodiversity risk
M&A insurance payouts hit record highs in 2024, driven by R&W claims: Aon
Mergers & Acquisitions (M&A) insurance claims payouts have surged in recent years, with 2024 marking the highest year on record for M&A insurance payouts, according to a recent Aon study. The research highlights a significant increase in claims … [Read More...] about M&A insurance payouts hit record highs in 2024, driven by R&W claims: Aon
LexisNexis Risk Solutions introduces new commercial property risk assessment tool
LexisNexis Risk Solutions, a provider of data and analytics for the insurance industry, has released LexisNexis Location Intelligence for Commercial, a tool aimed at improving the assessment of commercial property risks during underwriting and policy … [Read More...] about LexisNexis Risk Solutions introduces new commercial property risk assessment tool
Hurricane Erick insured losses expected to be contained: AM Best
Insured losses from Mexico’s Hurricane Erick, which made landfall last week, are expected to be contained, with parametric insurance contracts unlikely to be triggered, according to a recent report by AM Best. Hurricane Erick made landfall last Thursday … [Read More...] about Hurricane Erick insured losses expected to be contained: AM Best