#suncorp #insurance #reinsurance #auspol

Climate Change causing "reinsurance" premium hikes for one of the largest Insurance companies.

https://www.afr.com/companies/financial-services/the-insurance-that-is-too-expensive-even-for-suncorp-20230704-p5dlno

Suncorp has ditched a specialised type of disaster insurance protecting its book from cumulative losses, after the cost became too prohibitive this year.

https://www.insurancenews.com.au/daily/suncorp-ups-hazard-allowance-as-reinsurance-reflects-adverse-weather-impact-

Like A Good Neighbor, State Farm Worries Your House In California Will Burn To Cinders https://www.wonkette.com/insurance-and-the-climate-emergency

#Insurance #California #State_farm #Wildfires #Construction_costs #Reinsurance #Climate_crisis #Homeowners_insurance #Senate_budget_committee #Hamilton_nolan #Eric_anderson #Aon_plc #Insurance_industry #Fair_plans #Fair_access_to_insurance_requirements_plans #State_property_insurance #Florida #Nancy_watkins #Actuaries #Benjamin_keys #Capitalism #S

Sidley Austin LLP is advising financial services company Global Atlantic Financial Group on its $19.2 billion #risk transfer deal with life insurer MetLife, advised by Willkie Farr & Gallagher LLP.
#lawfirms #reinsurance #insurance #lifeinsurance
#risktransfer
https://news.bloomberglaw.com/business-and-practice/wake-up-call-sidley-willkie-debevoise-lead-reinsurance-deals
.

Sidley Austin LLP is advising financial services company Global Atlantic Financial Group on its $19.2 billion #risk transfer deal with life insurer MetLife, advised by Willkie Farr & Gallagher LLP.
#lawfirms #reinsurance #insurance #lifeinsurance
#risktransfer
https://news.bloomberglaw.com/business-and-practice/wake-up-call-sidley-willkie-debevoise-lead-reinsurance-deals
.

Big Law firms Sidley Austin and Debevoise & Plimpton advised on a Lincoln Financial Group life insurance unit 's $28 billion #reinsurance #transaction with Fortitude Reinsurance Company Ltd.

#lawtwitter #lawfirm #insurance https://news.bloomberglaw.com/business-and-practice/wake-up-call-sidley-debevoise-lead-28-billion-insurance-deal

Big Law firms Sidley Austin and Debevoise & Plimpton advised on a Lincoln Financial Group life insurance unit 's $28 billion #reinsurance #transaction with Fortitude Reinsurance Company Ltd.

#lawfirm #insurance https://news.bloomberglaw.com/business-and-practice/wake-up-call-sidley-debevoise-lead-28-billion-insurance-deal

Combined ratio of 102.4% for Swiss Re in 2022 (but 91.0% in Q4) , book value falls significantly.
Net premiums rise slightly and company remains in the black, and targets a strong profit in 2023 on the back of a harder market at January renewals. Improving investment returns expected this year.
A bit of a mixed bag, but CEO
Mumenthaler bullish for 2023. #reinsurance

According to a new study, #Switzerland is one of the three largest #reinsurance locations in the world. 🇨🇭
Swiss reinsurers belong to one of the fastest-growing sectors within the industry and stand out thanks to their above-average productivity. 📈
https://t.co/SyGzkQHCyW

Following departure of Swiss Re CUO Thierry Léger yesterday, today we learn why. He will be succeeding Laurent Rousseau as Scor CEO.
In other news, Penny James leaves as Direct Line CEO with immediate effect. #insurance #reinsurance

Thierry Léger steps down as chief #underwriting officer at Swiss Re (he was appointed Group CUO in 2020) with immediate effect "to pursue a role outside the company". CEO Mumenthaler will take on the role of CUO on an interim basis. #reinsurance

Nachdem das Thema Kriegsausschluss in der Cyber-Sparte schon länger diskutiert und ausgelegt wird, steht der Kriegsausschluss in den Schiffsversicherungen jetzt oben auf der Agenda, wenn es um Russland, Belarus und die Ukraine geht. Gerade für den Agrar- und Rohstoffmarkt wird das Auswirkungen haben. #krieg #russland #russia #belarus #ukraine #cyber #logistik #marine #reinsurance #rückversicherung

https://www.spiegel.de/wirtschaft/unternehmen/versicherer-schliessen-kriegsschaeden-bei-schiffspolicen-aus-a-a0924c93-b993-4778-85a3-faa935ad7ce9

After the floods: Eugowra awaits the insurance payouts that may not come from @TheGuardian #insurance #reinsurance https://www.theguardian.com/australia-news/2022/dec/19/after-the-floods-eugowra-awaits-the-insurance-payouts-that-may-not-come

After the floods: Eugowra awaits the insurance payouts that may not come from @TheGuardian #insurance #reinsurance https://www.theguardian.com/australia-news/2022/dec/19/after-the-floods-eugowra-awaits-the-insurance-payouts-that-may-not-come

After the floods: Eugowra awaits the insurance payouts that may not come from @TheGuardian #insurance #reinsurance

Markel's Kelly Castriotta lays out the challenges that cyber insurers will face in 2023. (We have a lot of challenges.)

https://plusblog.org/2022/12/05/a-review-of-cyber-reinsurance-in-2022/

#CyberInsurance #Insurance #Reinsurance

BREAKING 🔥#BBRe22 #badenbaden #reinsurance conference blocked for fossil fuel expansion complicity 🔥

Activists are blocking the global reinsurance summit & demanding that the industry stops fueling climate catastrophe. #InsureOurFuture #StopInsuringClimateChaos #CancelTheDebt

#13 UMBRELLA ORGANISATIONS AND NETWORKS OF MUTUAL HEALTH ORGANISATIONS
Bamenda, #Cameroon

Video #13/#17 – #ProMHIAfrica_VideoSeries
2010, Gerald Leppert, Tume Amos Nsawir, Lily McLeish, Simon Meyer
https://open.tube/videos/watch/eb39ce2b-1553-480a-b810-f7c2559de292

I. North West Special Fund for #Health as Promoter and Adviser
II. #Reinsurance and Network of #MicroHealthInsurance Schemes

#Insurance #SocialProtection #PublicHealth #GlobalDevelopment #HealthCareFinancing #SocialRiskManagement #MutualHealthOrganization #RiskPooling