Howden’s climate risk report calls on the risk transfer industry to change insurance for (social) good In its new report, ‘Climate in Peril’, Howden, the international insurance broker, analyses a wide range of topics that will dominate agendas in the run up to COP26. These include the science of climate change, increased loss frequency and severity, the… Continue reading Howden’s climate risk report calls on the risk transfer industry to change insurance for (social) good
Parhelion names David Foreman as Chair
Parhelion has appointed David Foreman as Chair as it prepares to launch the world’s first fully sustainable insurer. – Reinsurance News
https://www.reinsurancene.ws/parhelion-names-david-foreman-as-chair/
Howden-backed ‘first fully sustainable insurer’ prepares for launch
“Howden-backed “world’s first fully sustainable insurer” is in discussions over a strategic partnership that will provide it with equity, a platform and licenses in target territories, including the European and US specialty markets, ahead of its planned 2022 launch.” – Intelligent Insurer https://www.intelligentinsurer.com/news/howden-backed-first-fully-sustainable-insurer-prepares-for-launch-27151
Danish Red Cross honoured at Trading Risk Awards 2021
Global cyber insurance pricing increases 32% as insurers grapple with the changing face of cyber risk
“Cyber Insurance: A Hard Reset”. Howden, the international insurance broker, has today released a new report on the cyber risk landscape, titled “Cyber Insurance: A Hard Reset”. The report looks at how three key factors are driving the cyber insurance market today, namely rampant ransomware attacks, higher rates and shifting regulation – the three Rs.… Continue reading Global cyber insurance pricing increases 32% as insurers grapple with the changing face of cyber risk
Risk-adjusted property-catastrophe reinsurance pricing up 5-10% as rate momentum moderates
HX, the digital, analytics, and advisory division of Howden Group Holdings, today announces a market update for 1 June reinsurance renewals alongside its Q1 2021 sector earnings overview. Key takeaways: Risk-adjusted property-catastrophe reinsurance pricing rose by 5-10% on average at 1 June as rate momentum remained, albeit at a slower pace. Industry profitability returned to… Continue reading Risk-adjusted property-catastrophe reinsurance pricing up 5-10% as rate momentum moderates
Launch of the world’s first fully sustainable insurer, Parhelion
Howden, the international insurance broker, today announces the launch of Parhelion, the world’s first fully sustainable insurer. Parhelion is targeting a capital raise of $500m and being advised by Howden Capital Markets and TigerRisk Capital Markets & Advisory. Against the backdrop of an insurance industry starved of truly sustainable capacity, Parhelion’s new and diversified ESG… Continue reading Launch of the world’s first fully sustainable insurer, Parhelion
Insuring the invisible’: how the changing risk landscape is redefining businesses’ risk transfer needs
‘Insuring the invisible’: how the changing risk landscape is redefining businesses’ risk transfer needs COVID-19 has accelerated the rise of the intangible economy marking one of the most important economic shifts in modern times; Howden calls on insurers to help fill protection gaps as intangible risks become increasingly ‘invisible’ across multiple lines of business and… Continue reading Insuring the invisible’: how the changing risk landscape is redefining businesses’ risk transfer needs
World’s first catastrophe bond for volcanic eruptions launched by Danish Red Cross to raise disaster aid
World’s first catastrophe bond for volcanic eruptions launched by Danish Red Cross to raise disaster aid New bond makes use of sophisticated modelling and blockchain technology to offer securities against the risk of volcano-related humanitarian catastrophes. Monday, March 22, 2021, LONDON – Partners from across the private and humanitarian sectors with the support of philanthropic… Continue reading World’s first catastrophe bond for volcanic eruptions launched by Danish Red Cross to raise disaster aid
Howden Group blurs lines, sets up capacity vehicle, taps third-party capital
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