Global Reinsurance
@GlobalReins
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London, Dubai & Hong Kong
Joined December 2009
Cyclone Gabrielle costs NZ insurers $1.5 billion #insurance #reinsurance
globalreinsurance.com
Catastrophes represent "one of the most challenging periods for the insurance industry since the Canterbury earthquake sequence" - PERILS
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Last year, less than half of the USD 275 billion global #economic losses from #NaturalDisasters were covered by #insurance. In 5 charts, learn more key findings from the latest #NatCat sigma report: https://t.co/F1pLk7x9DE.
#ClimateAction #ClimateRisk
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Convex backs aviation MGA as it prepares for takeoff
globalreinsurance.com
'Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,' says head of aerospace
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Aviation, decarbonisation and the hurdles to hit net zero #riskmanagement #aviation #netzero @WTWcorporate
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Warning for London insurance market despite ‘stable’ rating issued
globalreinsurance.com
'Failure to prepare for risks could have capital implications,' says rating agency
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Industry cannot be expected to foot climate bill – Swiss Re
globalreinsurance.com
'Holistic adaptation roadmaps that cut across all levels of society and sectors are vitally needed,' says UK and Ireland chief executive
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Lloyd’s provides Blueprint II progress update after ‘great’ 2022
globalreinsurance.com
'2023 will be an important year for the delivery of Blueprint II,' says chief executive
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Recent turmoil in the US and European banking sectors has shaken market confidence. What trends can we expect going forward, and how will #centralbanks react? https://t.co/qRcr9s1gnS
#interestrates #creditsuisse #inflation
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Hard market dampens ILS investor appetite - AM Best
globalreinsurance.com
Sentiment among some ILS managers is that the supply of capital will remain tepid for some time
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Lloyd’s reveals 2022 loss after paying out £21 billion in claims #insurance #reinsurance
globalreinsurance.com
With prices increasing by 8%, the Lloyd's market has now seen 20 consecutive quarters of positive price improvement
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Hardest renewal market in years as industry approaches 1 April #reinsurance
globalreinsurance.com
A shortage of capacity in property catastrophe markets has resulted in the hardest market since 9/11
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Hurricane Ian drives 2022 nat cat claims to breach $100 billion #insurance #claims
globalreinsurance.com
Losses paint a picture of growing property exposure and exceptional inflation, says sigma
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PartnerRe reveals $1.1 billion net loss for 2022 #reinsurance
globalreinsurance.com
Points to net unrealised losses of $1.8 billion on the asset side of its balance sheet as Bonneau cites improving underwriting conditions
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Geopolitical tensions, the cost-of-living crisis, global inflation and recessionary pressures have resulted in a difficult insurance and capital market environment. To learn more, visit: https://t.co/vNcpigRd7K
#insurance #reinsurance #insuranceindustry
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Gallagher Re names Wakefield CEO as Kent transitions to group role #reinsurance @GallagherGlobal
globalreinsurance.com
Tom Wakefield will succeed James Kent at Gallagher Re as the intermediary looks to build out its reinsurance capabilities
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Djibouti signs five-year disaster risk financing deal with ARC #reinsurance #insurance #djibouti @ARCapacity
globalreinsurance.com
Deal to protect climate-vulnerable communities in the Horn of Africa covers drought and excess rainfall
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