Articles

Reinsurance

Munich Re Milton losses likely less than from Helene

Helene stretched well past Florida and well into primary global specialty exposures.   7 November 2024

Alternative Risk Transfer

RenRe boosts ILS AuM in Q3; cites performance, hints at new money

The group pared back on disclosures, shied away from discussing investor flows.   7 November 2024

Alternative Risk Transfer

Hiscox begins ILS rebuild after outflows; AuM edges up to $1.5bn

ILS AuM had hit a YTD low on outflows following mid-years renewals; still down 17% YTD.   7 November 2024

Technology

Insurtech funding rises in Q3 as mega deals boost wider slump

AI-centred insurtechs secured $897m in funding and 63% of deals in Q3: Gallagher Re.   7 November 2024

Insurance

Hamilton’s Q3 profits leap as CEO flags discipline, diversification

The re/insurer offset catastrophe claims with rises in gross written premiums.   7 November 2024

Insurance

SRA chair Haushofer passes reins to Law

The outgoing and incoming SRA chairs praised SIRC’s evolution.   6 November 2024

Insurance

AIG pegs Milton hit at up to $275m as derisking pays off

The re/insurer said cat losses were down ‘dramatically’, in part due to heavy reinsurance cover.   6 November 2024

Reinsurance

Swiss Re succumbs to US casualty, adds $2.4bn to reserves

Swiss Re has revised its P&C Re margin target and slashed the full-year group net profit goal.   7 November 2024

Insurance

Beazley still likes cyber despite softening market

The re/insurer will continue to build its cyber reinsurance exotica ‘because we can.’   6 November 2024

Reinsurance

The importance of Lloyd’s consortia in driving market innovation and growth

Consortia are helping to reshape the London Market’s dynamics: Howden Re.   6 November 2024

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