Allianz SE has booked an additional provision for its Structured Alpha Funds of €1.9bn in Q1 2022 before tax.

Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on discipline and long-term partnerships in specialty lines.

A new report from Chaucer says that the offshore oil, gas, and wind energy sectors are under increasing threat as extreme weather becomes more commonplace.

In an interview with Reinsurance News during the 2025 RVS in Monte Carlo, Salman Siddiqui, Associate Managing Director at Moody’s Ratings, and James Eck, Vice President–Senior Credit Officer at Moody’s Investors Service, explained that while a single $100 billion catastrophe loss event in the past would have eroded balance sheets, today it could instead be an earnings event.

Cyber risk solutions company Resilience has launched Cyber Risk Calculator, an AI-powered tool that translates cyber risk into financial terms to provide security and risk practitioners, as well as C-Suite executives, with a common, data-driven language to better understand and quantify their cyber risk.

The Government of the Philippines’ Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine Crop Insurance Corporation (PCIC), have partnered with global conservation organisation Rare and insurance broker Willis, a WTW business, to launch the country’s first parametric insurance solution for small-scale fishers.

Insurance and reinsurance brokerage, SRC Europe (SRC EU) has announced the launch of its operations in Spain.