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Munich Re signals moderate approach on Japanese pricing

Reinsurance chief Jeworrek diverges from rivals, citing limited typhoon activity based on a 30-year view.

Fidelis posts 83% combined ratio as specialty premiums grow

CEO Richard Brindle said the company’s cautious approach to specialty lines had been vindicated.

Heritage CEO reports 70% fall in AOB claims

Bruce Lucas said the decline was “pretty material”.

Liberty Mutual strikes telematics partnership with Ford

The insurer will have access to the data of customers driving 2020 model vehicles.

• Munich Re reveals 1.2% January price increases
• Enstar continues profit run with $164mn in Q4
• Lloyd’s CEO Neal to take interim PMD role
• Enstar strikes $225mn construction legacy deal with Axa XL
• The Week in 90 Seconds
• Analysts note weaker underlying trends at Munich Re

Opinion

New Axa XL CEO Gunter's appointment has surprised the market

What does history tell us about rising ransomware claims?

TigerRisk will draw big PE interest, but has to prove it is more than a Rod Fox vehicle

Willis-Miller's marriage was always curious and their divorce looks rational

In Brief

Ed makes two hires to professional and executive risk team

Hanover names Medina head of professional liability

Langhorne Re’s Pestcoe joins Hamilton board

InsurTech Omnius raises $13mn in funding

HDI buys stake in cyber security start-up Enginsight

AI InsurTech Tractable raises $25mn

Analysis

Lloyd’s outlines progress in Blueprint One update

The Corporation will buy a 40 percent stake in e-placing platform PPL.

Coronavirus cancellations threaten stressed contingency market

The illness could have a “catastrophic” impact if it starts to cause cancellations outside China, sources said.

Beazley rate growth doubles but reinsurance lags

Property, aviation and marine cargo were among the fastest risers.

I50 plunges more than equity benchmarks in January

Global insurers and Floridians pull the index down but brokers buck the negative trend.

Career changes lead to a shakeup in the D&O Rankings

Two professionals win the underwriter rankings and RKH Specialty’s Jason Rose climbs to the top of the broker podium.

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