Property
Tokio Marine Holdings reports record profit
Japanese insurance conglomerate expects to ‘redeploy’ over JPY10bn into M&A over the next 12 to 18 months
Moody’s uses AI tool to reveal hidden property storm risk
Half of US properties analysed saw modelled losses rise by more than 15% when AI-enhanced aerial data applied
European MGAs look to AI to support growth ambitions
At last week’s MGA Rendezvous in Barcelona, the delegated authority market discussed growth opportunities in Europe and the opportunities created by AI
Everest sells Colombia subsidiary to AIG
Sale continues carrier’s exit from commercial retail insurance operations
Axa XL names Richème global CUO for property
Richème succeeds Juergen Cherreck who joined Axa in 2018
War overtakes civil unrest as biggest political violence threat
Political violence and terrorism claims arising from Iran conflict could be higher than from the war in Ukraine, Allianz warns
Munich Re unveils company climate risk solution
German re/insurer explains how firms can gain financial clarity from their exposure to climate risk
Aon launches digital platform for London follow business
Broker’s Digital Placement Exchange will use data and algorithmic trading to match risk with capital
Flood risk in a changing climate
Pluvial flooding now accounts for much of the flood risk in many regions. Traditional flood maps do not always capture this threat
Lloyd’s calls for market discipline amid ‘brutal’ renewals
Chief of markets says underwriters must take steps to manage the cycle now to avoid ‘broader scale action’ as market turns
Early May US storms produce nine-figure losses: Aon
Severe convective storms struck the south-central and southeastern US between May 8 and 10
Chemical operators face high-stake risks
Engineering-led risk assessment is critical for chemical operators to proactively identify vulnerabilities
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