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Weekly News RoundUP – 15th November

Swiss Re CEO, Berger, expects 1.1 to be “a constructive renewal season”; find out why. At COP29 in Baku this week the UN Environment Programme unveiled guidance for underwriters to better plan for net zero. Lloyd’s are on an outsourcing drive, it’s been reported.

Reinsurance market set for constructive Jan 1 renewal season: Swiss Re CEO, Berger (Source: Reinsurance News)
The ongoing natural catastrophe events in the second half of the year means “primary insurance companies are looking for more capacity” Andreas Berger said during the company’s third quarter earnings call.

FIT launches transition guidance for underwriters (Source: Insurance Day)
A new paper from the UN Environment Programme highlights the gap in transition plan guidance for underwriting portfolios of insurance companies.

Lloyd’s of London reimagines future with strategic outsourcing (Source: Finimize)
Lloyd’s is set to consult staff as it considers outsourcing some of its ops and tech roles in a bid to “establish a sustainable organizational framework” but maintain operational resilience.

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