Munich Re
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A memo from the reinsurer raises concerns for cyber insurers over whether they could face a coverage gap after renewals. -
Analysis of 2022 statutory data shows top US-exposed reinsurers grew assumed premiums 13% year-on-year in 2022.
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Beneva has signed up to net-zero targets as a member of the NZIA, following a period of turbulence in which Munich Re, Zurich and Hannover Re have left the alliance.
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She has served as interim CEO since January, after former CEO Michael Kerner was appointed as a board member.
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Capitola operates as a digital market that connects brokers with carriers using AI for risk-appetite matching.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Industry climate alliances have received allegations from conservative politicians and regulators in the US that such commitments are illegal group activities that violate antitrust laws.
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The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector.
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Highlander has $300mn of insurance coverage, placed by Ed Broking and led by Munich Re Syndicate.
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No successor will be named and some of Kuczinski’s responsibilities will be transferred to a new board division called GSI.
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The year 2005, which featured the devastating Hurricane Katrina, remains the most expensive storm season.
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The reinsurer said it will be “significantly more challenging” to hit EUR3.3bn 2022 profit target.
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