What will dictate the future of reinsurance? & more…Keep up with what has been happening this week in our latest insurance news round-up…

How will the European P&C insurance industry perform in the second half of 2024?

Claims inflation is expected to remain a significant issue in the second half of 2024, with insurers struggling to increase rates sufficiently to offset rising expenses, according to Bloomberg Intelligence’s (BI) Europe P&C Insurance Midyear Outlook.

Re/insurance sector has to be ambitious amid expanding risk environment: Carnegie-Brown, Lloyd’s

Speaking last week in London during Marsh McLennan’s Rising Professionals’ Global Forum 2024 event, Bruce Carnegie-Brown, Chairman, Lloyd’s, distilling down on the scope of risk, said that “the greatest challenges of our time are climate change, evolving cyber and technology risks, geopolitics and political violence and financial risk.”

Securing younger staff: How is the insurance sector seeking to change its age profile?

Graduate schemes cannot be the only talent attraction tool in insurance firms’ arsenal if they wish to change the age profile of the industry.

Can generative AI truly transform the insurance industry, or is it just hype?

This was the fundamental question that underpinned Oxbow Partners’ interviews with executives and senior leadership at 22 of the largest reinsurers and speciality carriers in the world.

What will dictate the future of reinsurance?

The recent Marsh McLennan Rising Professionals’ Global Forum highlighted the critical role that the next generation’s investment will play in the reinsurance industry.

RSA takeover set to complete by end of May & more...

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