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German insurers are expected to increase their investment in private credit as they seek higher returns, diversify portfolios and match assets with long-term policyholder liabilities, according to Moody’s Ratings, the international credit rating agency. In a new report, the agency explained that it expects these investments to create additional challenges around asset valuation, liquidity and…
For the first time in its 250 years, America is in a de facto alliance with a dictator waging a war of conquest against a neighbour, with President Donald Trump’s unprecedented steps to aid Vladimir Putin’s bloody invasion of Ukraine. For a president who loves to falsely claim history-making achievements, it’s an accomplishment that will…
AXA XL, the property and casualty specialty risk division of AXA, has announced the appointment of Erin Bouren as Underwriting Manager for E&S Casualty in the western region of the US. In her new role, Bouren will focus on driving growth, managing the portfolio and strengthening broker relationships, supporting the ongoing expansion of AXA XL’s…
If you’ve been noticing more hair than usual falling out when you brush your hair (or just touch it) over the last few weeks, you’re not alone. Like it or not, the colder months bring with them increased hair shedding (it can’t all be fun and games). “Many people notice more hair coming out in…
Insurers should treat reinsurance as a capital management tool rather than simply a form of protection, according to Howden Re, which argues that a softening market presents an opportunity to reassess risk retention and improve returns. “The best performers treat reinsurance as a capital tool, not only as protection,” the broker said in a report…
Of all the queens on RuPaul’s Drag Race UK this year, few have sparked quite as much conversation and debate as KY Kelly. From week one of the competition, KY has become known for her live vocals, earning her wins in both the talent show and musical challenges. But what you might not realise is…
DOXA, a US-based managing general underwriter (MGU) platform, has announced the formation of DOXA Re, a specialty property reinsurance MGU focused on quota share and related proportional solutions for traditional insurers, hybrid carriers and managing general agents (MGAs). “DOXA Re addresses a growing need for specialty underwriting expertise in the quota share reinsurance marketplace. As…
In England alone, as many as two million people are living with significant damp and/or mould, according to The UK Health Security Agency (UKHSA). The problem often lies in penetrating or rising damp, which are both structural issues in a building. But a more easily-modifiable reason your house might see more spores is condensation and…
France’s latest riots are expected to cost insurers no more than €1 billion-€1.2 billion, according to Morningstar DBRS, assuming no further violence. The agency says the unrest reinforces the need to treat strikes, riots and civil commotion (SRCC) as an accumulation risk requiring dedicated pricing, limits and reinsurance. The latest wave of unrest comes against…
Strictly Come Dancing star Bethany Antonia has insisted she’s keeping it positive after winding up in the dance-off for the first time. During Saturday’s live show, Bethany and her professional partner Nancy Xu came third from the bottom in the judges’ leaderboard. However, after Dani Dyer was saved by the public’s votes, the House Of…