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Geneva Association warns of ‘insurability challenge’

Geneva Association will add macro- and geoeconomic risks, and social and financial inclusion to its 2024-25 research agenda

Risk Management International

Tokio Marine expands UK professional risks practice

Specialty insurer makes three underwriting hires to its UK regional teams 

United Kingdom People moves

QBE warns on claims inflation as 9M premiums climb 10%

Australian giant expects ‘some current year strain and modest adverse development’ amid ‘more persistent’ claims inflation across a small number of portfolios

Australia QBE

Talanx completes Liberty Brazil acquisition

Deal propels Talanx's HDI International unit into top two property and casualty insurers in Brazil 

Brazil Liberty

Florida approves Condo Owners as new insurer

Carrier is the latest property/casualty insurer to enter the state’s residential property insurance market

United States Casualty

Global premium growth to slow in 2024: Swiss Re

Reinsurance giant predicts global premium growth of 2.6% as profitability expected to improve amid higher investment returns and better underwriting results

International Swiss Re

Liberty Mutual Re makes senior casualty hire

Reinsurer appoints Swiss Re’s Chisolm to develop an assumed casualty treaty reinsurance portfolio in US

United States Liberty

US court rules car makers must face insurer lawsuit over thefts

Hyundai and Kia must face a lawsuit filed by hundreds of motor insurers looking to recoup losses arising from vehicle thefts encouraged by TikTok videos

United States Casualty

Arkansas places United Home into liquidation

Insurer overwhelmed by hundreds of claims related to tornadoes, hailstorms and wind events, as well as its inability to secure adequate property catastrophe reinsurance cover

United States Casualty

Oneglobal hires Lim to lead Singapore corporate team

Broker targets Asia expansion with Bowring Marsh hire 

Asia Pacific Broker

Hallmark pares Q3 loss on lower adverse development

US property/casualty group cuts combined ratio to 150.1%

North America Casualty

American Coastal swings to Q3 profit

Florida property insurer slashes combined ratio 70.6 points to 68.7% in third quarter

United States Casualty
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