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Property

 

 

Everest sells Colombia subsidiary to AIG

Sale continues carrier’s exit from commercial retail insurance operations

Mergers and Acquisitions AIG

Axa XL names Richème global CUO for property

Richème succeeds Juergen Cherreck who joined Axa in 2018

People moves Property

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

International Property

Munich Re unveils company climate risk solution

German re/insurer explains how firms can gain financial clarity from their exposure to climate risk

International Climate change

Aon launches digital platform for London follow business

Broker’s Digital Placement Exchange will use data and algorithmic trading to match risk with capital

Property Broker

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

Climate change Viewpoint

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

Property Lloyds

Early May US storms produce nine-figure losses: Aon

Severe convective storms struck the south-central and southeastern US between May 8 and 10

United States Property

Chemical operators face high-stake risks

Engineering-led risk assessment is critical for chemical operators to proactively identify vulnerabilities

Viewpoint Property

Dual Europe targets geographic and product expansion

Diversification and innovation key for growth, managing general agent’s chief executive says

Distribution Casualty

Perils raises Nils loss estimate to nearly $767m

Nils struck southern France in February, causing extensive wind damage and avalanches

Property Losses

Willis launches carbon capture and storage insurance solution

New offering includes liability, environmental and business interruption protections tailored to carbon capture and storage risks

Decarbonisation Risk Management
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