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Insurance

Winners and highly commended revealed at Cyber Insurance Awards Europe 2025

At a glittering Awards Ceremony held last night in London, the winners and highly commended entrants for Intelligent Insurer’s Cyber Insurance Awards Europe 2025 were revealed.   6 February 2025

Reinsurance

Hannover Re shifts retro cover at 1.1 from ILS partners to XoL treaty

Cession rate in key ILS plan cut to 'sweet spot' of 33%; investor demand left lingering.   6 February 2025

Reinsurance

Markel reinsurance makes $5.4m operating loss in 2024

Last year's figure is still 72% improvement on previous year's $19.3 million crater.   6 February 2025

Reinsurance

Cyber cedants can't be tempted to cat XoL at 1.1, Hannover Re admits

With price pressure all around, Hannover Re closed its 1.1 book flat at $500m.   6 February 2025

Insurance

Allianz Trade reveals next Americas chief as longtime CEO retires

The successor, a 21-year company veteran, also chairs the Association of British Insurers.   6 February 2025

Reinsurance

Hannover Re sanguine on US liability, renewed full slate at 1.1

P&C chief Althoff saw ‘no particular need’ to cancel or cut any programmes.   6 February 2025

Insurance

Hannover Re sees up to €700m California fire loss; retro in play

Wildfire losses blow past the Q1 nat cat budget, but 2025 profit targets stay safe.   6 February 2025

Reinsurance

Arundo Re grows premiums by 13% at 1:1 renewals

French reinsurer sees double-digit growth across all segments.   6 February 2025

Reinsurance

R&Q Re creditors approve scheme of arrangement

The unique scheme will protect creditors from costs associated with insolvency.   6 February 2025

Insurance

Secondary market cat bonds down by up to 20%: AM Best

Exposure to California wildfire losses drive value of cat bonds down, says ratings agency.   6 February 2025

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