German reinsurer Hannover Re has reported that it achieved an inflation and risk-adjusted price increase on renewed business of 2.3% in the 1 January 2024 treaty renewals in traditional property and casualty (P&C) reinsurance.
Catastrophes, Coronavirus, Emerging Risks, P/C Insurers, P/C Pricing
Claims Disputes, Coronavirus, Coverage Disputes, P/C Insurers, Property, Risk Management
Goldman Sachs is in talks with potential partners as it looks to spin out its blockchain-based technology platform, GS DOS.
Emerging Risks, Risk Management Australia & New Zealand, Canada, France, Germany, Italy Axis, Lloyd’s of London
Cyber Risks, Risk Management, Terrorism
Agents and Brokers, Coronavirus, Cyber Risks, General liability, P/C Pricing Asia-Pacific & Australasia, European Union, Latin America, United Kingdom Marsh & McLennan
Aon, the global insurance and reinsurance broker, has announced the successful renewal and expansion of the Aon Client Treaty (ACT), the firm’s flagship London Market placement facility that helps clients respond to complexity with new sources of capital.
Advanced Technology Assurance Limited (ATA), a specialist insurer offering A-rated coverage for technology sectors, has announced an expansion of its insurance products to address the needs of emerging industries.
The “go-shop” period under the merger agreement between Alleghany Corporation and Berkshire Hathaway has now ended, meaning the former is now bound by customary “no-shop” restrictions under the definitive merger agreement.
According to the London and International Insurance Brokers’ Association (LIIBA), the business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market.
