Drive for data to plug flood modelling holes continues as risks rise for Asia

Auto-fac market ‘not yet at scale for treaty purchase’, but ‘not dumping ground for bad risks’

Facility is emerging as a vital instrument to place risks that do not fit into existing treaties, Gallagher Re, Markel and Swiss Re say.

Time to take plunge on new risk pools as dangers mount, brokers say, but ‘major questions exist’

Lockton Re and Howden Re highlight cyber risks and the wake-up call following the Los Angeles wildfires.

P&I renewals ‘softer than anticipated’ despite claims, geopolitical pressures

Clubs are seeing moderate rate increases while terms and conditions remain stable, but expect strong growth driven by Asia.

MS&AD accelerates, while Tokio Marine, Sompo see overseas topline growth moderate in Q3 FY24

MS&AD’s foreign subsidiaries grew NWP by a combined 25%, in contrast to the 1.2% growth posted by Tokio Marine’s international non-life businesses and 0.8% by Sompo’s overseas arms.