From global banks to alternative fund managers, more senior financiers are joining a growing chorus warning of cracks in private credit. TCW Group Inc.’s Chief Executive Officer Katie Koch told a forum in Hong Kong on Wednesday that she’s “very nervous” about parts of private credit. Tony Yoseloff, chief investment officer of Davidson Kempner Capital […]
Global Funds Add to Warnings of Risks in Private Credit Read More »
Global marine premiums rose slightly in 2024, as steady results in the hull and cargo markets offset an 8% drop… Related Stories Inflation added around $250bn to US liabilities in 2015-24 Fidelis Insurance Group appoints UK CUO Global marine premiums climb to $39.9bn, despite offshore energy decline: Iumi
Global marine premiums climb to $40bn Read More »
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Global marine premiums climb to $40bn Inflation added around $250bn to US liabilities in 2015-24 Fidelis Insurance Group appoints UK CUO
During the upcoming renewals, S&P Global Ratings expects a moderate decline in pricing for short-tail lines but that global reinsurers will hold firm on terms and conditions. Risks arising from geopolitical tensions could affect both sides of global reinsurers’ balance sheets, while significant losses from natural catastrophes highlight the need for reinsurers to maintain a
Can Global Reinsurers Stay on Track Through 2026? Read More »
Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and elevating its engineering capabilities, Willis said it is enhancing its ability to deliver industry-leading specialization, powered by proprietary data, advanced analytics, and technology-enabled solutions.
Willis Launches Global Risk Engineering Team to Enhance Specialized Capabilities Read More »
Global broker consolidates engineering capabilities and leverages proprietary data, advanced analytics and technology to help clients reduce total cost of… Related Stories Sompo Japan launches methane detection solution Dale pulls back on open property JBA updates India crop catastrophe model
WTW launches global risk engineering team Read More »
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Daily Digest: Reinsurers look to keep attachment points, Scor enters global fac, Brit eyes international cyber growth Globalisation almost over for marine underwriters, Iumi president warns Aon launches event analytics platform to improve catastrophe response
Sound risk management, strategic use of technology and a maturing partnership with alternative capital have subdued the cyclical nature of the reinsurance market. To achieve or reach beyond the cost of capital, reinsurers must balance short-term opportunities with strategic long-term goals. They need to be flexible—taking advantage of market conditions or retreating when pricing is
Global Reinsurers Meet Cost of Capital for Second Consecutive Year Read More »
When churning flood waters swept away a group of tourists in Pakistan’s Swat Valley in June, the whole country felt a sense of déjà vu. Just three years ago, extensive floods had swallowed entire hotels and families vacationing in the “Switzerland of Pakistan” and caused more than 1,700 deaths and billions in damage in other
Missing Billions in Pakistan Expose Grim Reality of Global Climate Finance Aid Read More »
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Oak Global to enter retro market with syndicate launch :: Insurance Day Read More »