Rising convective storm losses mostly reflect exposure growth: Aon   – Insurance News

More than 80% of the increase in US severe convective storm losses is likely due to exposure growth rather than a new normal of elevated storm activity driven by climate impacts, Aon says.  From 1990 to 2022 severe convective storm insured losses rose at an annual rate of 8.9%, while over the same period exposures … Read more

Axa XL targets Asia Pacific mid-market growth  – Insurance News

Axa XL says the mid-market segment provides a clear growth opportunity for the insurer and it’s appointed a new regional head to drive the expansion.  Laetitia Lebas, who has been with Axa XL for more than a decade, has been named Head of Mid-Market APAC and Europe.  “Our leadership in the large commercial property, casualty … Read more