Sergio P. Ermotti, who was group chief executive at UBS for nine years until 2020, will be stepping down ...
Singapore financial institutions market overview – Q4 2022
Competition among insurers has increased across all lines for financial institutions, resulting in a deceleration of rate increases...
Competition among insurers has increased across all lines for financial institutions, resulting in a deceleration of rate increases...
Article / 9 hours ago
US insurers' investment exposure to failed banks, other regionals under $5B
The US insurance industry has minimal investment exposure to banks that have recently collapsed or been placed under review for a potential ratings downgrades....
The US insurance industry has minimal investment exposure to banks that have recently collapsed or been placed under review for a potential ratings downgrades....
Article / 1 day ago
Inside in Full: US construction in flux: Market assesses banking crisis, rising labor costs and a $1tn bill
US construction market participants have warned that the collapse of Silicon Valley Bank (SVB) and Signature Bank – and the potential for contagion to other regional banks – could impact both the demand for insurance protection and the loss profile of the class...
US construction market participants have warned that the collapse of Silicon Valley Bank (SVB) and Signature Bank – and the potential for contagion to other regional banks – could impact both the demand for insurance protection and the loss profile of the class...
Article / 4 days ago
Factbox: The biggest financial crises of the last four decades
Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in U.S. history while Swiss lender Credit Suisse was bought by rival UBS Group AG in a merger engineered by Swiss regulators.
Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in U.S. history while Swiss lender Credit Suisse was bought by rival UBS Group AG in a merger engineered by Swiss regulators.
reuters.com /
Article / 5 days ago
Insurance sector has ‘very limited' exposure to bank AT1s: Berenberg
The insurance sector has “very limited” exposure to bank's Tier-1 subordinated debt instruments, or AT1s, according to Berenberg....
The insurance sector has “very limited” exposure to bank's Tier-1 subordinated debt instruments, or AT1s, according to Berenberg....
Article / 8 days ago
Too Soon for ‘All Clear’ in D&O Insurance Market as Banks Fall
D&O insurers breathed a short sigh of relief when the U.S. government pledged to protect depositors of failed Silicon Valley Bank last week....
D&O insurers breathed a short sigh of relief when the U.S. government pledged to protect depositors of failed Silicon Valley Bank last week....
Article / 11 days ago
Insurer in Full: The SVB tremors will still be felt despite the bail-out
Keen industry historians will recall SVB as the nearly bust Lloyd’s insurer that was pulled back from the abyss 20 years ago under a new management team led by Matthew Fosh...
Keen industry historians will recall SVB as the nearly bust Lloyd’s insurer that was pulled back from the abyss 20 years ago under a new management team led by Matthew Fosh...
Article / 18 days ago
CPRI market remains resilient with record capacity amidst global economic and political uncertainty
Against the backdrop of wide-reaching global political and economic uncertainty, the credit and political risk insurance market (CPRI) has access to more capacity than ever before...
Against the backdrop of wide-reaching global political and economic uncertainty, the credit and political risk insurance market (CPRI) has access to more capacity than ever before...
PR / 22 days ago
FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery
A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of giving investors a...
A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of giving investors a...
Article / 24 days ago
Lloyd's of London boss warns UK's financial reputation is dented - BBC
The UK must prove its stability after a year of political and market turbulence, says the Lloyd's of London boss...
The UK must prove its stability after a year of political and market turbulence, says the Lloyd's of London boss...
bbc.co.uk /
Article / 2 months ago