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Speaking at PwC’s annual breakfast briefing during this year’s RVS in Monte Carlo, Paul Brand, Chief Executive Officer of international specialty insurer and reinsurer Convex, suggested that carriers with relevance, resilience and efficiency do absolutely fine during this phase of the cycle. Brand’s comments point to a widening gap in performance between companies as market…
Critical infrastructure clauses in cyber insurance are inconsistent across the market, creating uncertainty for insurers, reinsurers, brokers and policyholders, according to a report by Lockton Re, the reinsurance business of Lockton. Critical infrastructure presents systemic exposures for the cyber market. Those exposures span utilities, telecommunications and financial infrastructure, and sit beyond the scope of the…
Netflix has finally confirmed that the wheels are in motion on a new instalment of The Inbetweeners. Rumours had been circulating for the past month that the cult Channel 4 comedy was being revived by the streaming giant, and on Monday morning, they confirmed their plans in a fitting fashion. In a 40-second teaser, the…
While markets and risks shift, reinsurance giant Munich Re’s commitment to disciplined underwriting, long-term partnerships and reliable capacity remains, according to Christa Schwimmer, Chief Executive for Specialty Reinsurance, Lloyd’s and Bermuda. Schwimmer took on her current role at the beginning of last year, and overseas Munich Re’s Specialty Reinsurance platform, which covers the global marine,…
Germany’s far-right party has just secured a clear victory in a regional election, sending a huge shockwave across Europe. AfD (Alternative for Germany) fell short of an absolutely majority but, with 43.8% of the vote, it will now be the largest party in Saxony-Anhalt. That means AfD is now the first far-right party to gain…
Award-winning filmmaker Sir Ridley Scott has dismissed the suggestion he fired Paul Mescal from his latest film due to concerns that he wasn’t “masculine” enough in their previous collaboration. Last week, the Puck newsletter What I’m Hearing alleged that Sir Ridley was unhappy with Paul’s performance in the movie Gladiator II, and had blamed the…
After two years treading the boards as Miranda Priestly in the West End musical The Devil Wears Prada, Vanessa Williams is getting ready to hand over the mantle to someone else. But it turns out her replacement is someone she knows very well. On Monday morning, it was confirmed that Teri Hatcher – with whom…
Global reinsurer Hannover Re expects generally risk-adequate rates for the January 1st, 2027, treaty renewals in its book of property and casualty reinsurance, with terms and conditions likely to “remain broadly unchanged.” At Hannover Re’s press briefing in Monte Carlo at the 68th RVS, the reinsurer confirmed that it plans to make “at least stable…
Dolly Parton’s sister Stella has spoken out against AI-generated content depicting the late country music legend, after Donald Trump shared an image of himself and the Jolene singer in the wake of her death. In an Instagram post shared on Friday, Stella thanked those who have shown her family “‘genuine’ support and love”, before noting…
BBC News presenter Maryam Moshiri has spoken for the first time about being diagnosed with blood cancer. In a new interview with the broadcaster, Maryam disclosed that in November 2024, she was told she had polycythaemia vera (PV), a rare and treatable form of the disease. She explained: “It’s been two years since my diagnosis…