There is still significant uncertainty around the topic of tariffs and as the potential implications for insurers and reinsurers continues to evolve, in terms of what line of business and what part of the world, global carrier AIG is going to be proactive and ensure it has the appropriate loss costs and margin built into its pricing, according to Chief Executive Officer, Peter Zaffino.

Willis, a WTW business, has announced shared updates to its leadership team within the Global Construction and Global Surety divisions.

Maiden Holdings’ shareholders have approved all proposals related to the company’s proposed business combination with Kestrel Group LLC.

SiriusPoint Ltd. has reported a net investment loss of $142 million in the second quarter of 2022, taking the company’s total net investment loss for 1H22 to $347 million.

GreenieRE Coalition, a reinsurer focused on insurance innovation for the energy transition, and Trellis Climate, an impact-first, catalytic capital program investing in early climate infrastructure projects, have launched Vensurety, an impact-first, tech-expert insurance platform for climate companies.

Analysts at Gallagher Re have suggested a number of changes to the way that insurers utilise reinsurance protection in order to better account for and mitigate the growing challenge of inflation.

IVANS has said that the majority of commercial lines of business experienced increases in April and remain higher than at the same point last year.