Swiss Reinsurance Co. Ltd. on Wednesday forecast global commercial lines premium volume growth of 2.8% in 2021 and 3.7% in 2022, putting 2021 below the 10-year average of 3.5%.
Travelers Cos. Inc. said Wednesday it has made minority investment in privately owned Bermuda-based specialty insurer and reinsurer Fidelis Insurance Holdings Ltd.
Global reinsurers are likely to face $300 million to $400 million in losses from ticket and hospitality refunds due to Japan’s decision to bar spectators from the Tokyo Olympics, Fitch Ratings Inc. said in a report released Monday. But this
Covea, the top shareholder of Scor SE, on Thursday agreed to an orderly exit from Scor as the battling insurance groups reached a settlement over a frustrated takeover attempt and ensuing legal disputes.
Cybersecurity exposures top the list of emerging risks for insurers, which must deal with both coverage and operational issues relating to risk, a panel of chief risk officers said.