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Reinsurers are leaning into the cyber market: JMP

Analysts at JMP report that reinsurers are increasingly leaning into the cyber market, a move expected to drive better pricing, and terms and conditions for cedants at the January 1 renewals, building on trends observed at recent renewals.

Stagflation likely but conditions are temporary: Swiss Re

Analysts at Swiss Re Institute say that their baseline outlook for the global economy is now a ‘stagflation-like’ scenario, although they assured that these conditions should be temporary, and may even benefit re/insurers in the long-term, despite representing a short-term threat to profitability.

SCOR makes Nicolas Berg US CEO for P&C

SCOR has named Nicolas Berg as US Chief Executive Officer (CEO) for property and casualty (P&C), where he will oversee all US-based P&C activities across both specialty insurance and reinsurance.