Articles

Reinsurance

Reinsurers step up at 4.1; rising capacity hints at mid-year easing: Aon

Reinsurers ‘turned their attention to growth’, Florida, Australia & New Zealand may be next.   2 April 2024

Reinsurance

4.1 reinsurance renewals draw more capacity; property pricing wavers

Mid-year renewals could turn the market if growth laggards play catch-up, Gallagher hints.   2 April 2024

Reinsurance

CCR Re turnover surpasses €1bn milestone in ‘buoyant’ market

The reinsurer increased its profit by 33.3% despite high nat cat claims.   2 April 2024

Insurance

Aspen sees profits surge despite Q4 decline in gross premiums

The re/insurer’s decrease in property exposures helped drive profitable annual results.   2 April 2024

Insurance

Ascot mines Vantage Risk leader for strategic US role

Senior hire to lead all aspects of Ascot US’ distribution and sales strategy.   2 April 2024

Insurance

Richard Brindle returns to Lloyd’s market after 26 years with Fidelis syndicate 3123

Fidelis MGU gets in principle approval to spearhead new Lloyd’s syndicate.   29 March 2024

Insurance

Re/insurers face $4bn hit from Baltimore bridge disaster, topping Costa Concordia claims

Losses maybe ‘manageable’ but will add pressure to the marine market, analysts warn.   28 March 2024

Insurance

Lloyd’s built 2023 margin gain on distance to large loss, despite PYD

New reserves hit specialty, including more RU-UA aviation sums, plus casualty.   28 March 2024

Insurance

GIC completes acquisition of Miller

GIC has acquired Cinven’s shares in the UK broker to support its long-term strategy.   28 March 2024

Insurance

Baltimore bridge collapse hits P&I segment at earnings turning point

P&I clubs had hit their first technical profit since 2016/17, finally put paid to Costa Concordia.   27 March 2024

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