Articles

Insurance

Shipowners P&I club holds rates & terms flat for 2025

The club will likely swallow an increase in International Group reinsurance costs.   28 November 2024

Reinsurance

CEA cuts 2025 reinsurance budget 17% as exposures shrink, rates ease

Treaty non-renewals in 2024 have done little to stem the rise of claims paying power.   28 November 2024

Insurance

Allianz nabs Munich Re talent to lead UK large corporate cyber lines

The executive also boasts experience from Marsh and Aspen.   27 November 2024

Reinsurance

Oak Re’s Lloyd’s syndicate 2843 gets greenlight for 1/1 launch

Oak Re is founded by former RenaissanceRe underwriter Cathal Carr.   26 November 2024

Insurance

North American miners get softer rate as London & locals add capacity

Single digit rate decline is increasingly common for loss-free accounts, Marsh says.   26 November 2024

Insurance

Aviva said to have strong case & ‘reasonable’ price in Direct Line bid

Despite early defensive posturing, it is Direct Line leadership Aviva should court.   29 November 2024

Insurance

Miller nabs industry vet to build out North American marine offering

The executive boasts pedigree from QBE and Thomas Miller Specialty.   28 November 2024

Insurance

McGill, TMK and Convex join forces for new trade disruption facility

It will use AI to support underwriting and understanding of trade disruption risk.   26 November 2024

Reinsurance

Property reinsurance capacity: lower than you think as nat cats rise

Rising nat cat trend means reinsurer profit isn’t feeding so fast into capacity surplus.   25 November 2024

Reinsurance

CEA to renew Moody’s & Corelogic cat model deals at 3-5% price hike

The CEA is plotting a 1.5% increase in cat modelling spend for 2025 to $1.3m.   28 November 2024

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