Articles

Insurance

Florida reforms slash insurance carrier defence costs in 2023

Defence & containment costs fell 53% y/y for Florida-focussed carriers after 2022 reforms.   3 June 2024

Alternative Risk Transfer

SCOR returns with $175m Atlas Capital cat bond, ‘very pleased with efficiency gains made’

SCOR reused its Irish vehicle for a second year; says it benefited from ‘high investor demand’.   31 May 2024

Technology

New reinsurance vehicle Bondaval Re launched by insurtech MGA after funding boost

It is backed by an European VC who invested in a PayPal-owned company and Cover Genius.   31 May 2024

Insurance

Re/insurers brace for above normal 2024 Atlantic hurricane season

The hurricane season officially starts June 1.   31 May 2024

Insurance

Everest moves into Mexico, eyeing prime opportunities in P&C, marine & financial lines

The re/insurer sees ‘significant opportunity’ in key Latin American markets.   31 May 2024

Reinsurance

Howden Re lures Guy Carp veteran out of retirement to ignite growth strategy

Coming out of retirement required ‘truly special’ team, says appointee.   31 May 2024

Insurance

Munich Re Specialty lands new chief claims officer from AIG

The executive led AIG’s GI casualty claims and previously served at Hartford for 14 years.   31 May 2024

Reinsurance

HCI group ups limit to $2.7bn in mid-year renewal

Limit on Homeowners Choice Florida only tower rose 13%, TypTap & other by 5%.   31 May 2024

Reinsurance

Universal cuts limit at mid-years, dabbles in multi-year cover

Rate on line bumps by a ‘modest’ 1.2 points as Universal shifts out of public programme.   31 May 2024

Insurance

How digital forensics are changing the cyber claims landscape

Our mini-series on cyber forensics continues with insight and advice from four experts across the industry who came together for an Intelligent Insurer virtual panel discussion.   31 May 2024

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