Articles

Insurance

Aspen suffers H1 profit hit on insurance margins, investments, OPEX

Gross written premiums rose 16.7%, led by over 40% increase for reinsurance.   15 August 2024

Technology

Howden MGA DUAL pads US C-suite for major tech innovation

The new CIO arrives from National Interstate with 25 years experience across industries.   16 August 2024

Insurance

Hurricane Debby likely rendered nearly $1.4bn in insured losses: KCC

KCC expects $845m from wind, $130m from storm surge, & $440m from inland flooding.   16 August 2024

Insurance

Marsh launches new insurance solution for CO2 transport & storage

Canopius to underwrite ‘first-of-its-kind solution’ to support upstream energy market.   15 August 2024

Technology

Arch & Cytora expand partnership to digitise commercial workflows

Expansion into the US follows the companies’ partnership to digitise risks in the UK.   13 August 2024

Insurance

Allstate starts sale of benefits units, puts cash back into insurance

Allstate will take some $2bn cash at closing, bump deployable capital by $1.6bn.   14 August 2024

Insurance

Cyber hits: intangible IT assets face top threat, have the least cover

Significant event risk is three times higher for intangible assets than tangible: Aon.   13 August 2024

Insurance

Zurich bolsters US national accounts team with 25-year surety veteran

Exec to oversee the provision of account-based and transactional surety bonds.   14 August 2024

Insurance

Hurricane Debby loss capped at $1.5bn, reinsurers near clear: Moody’s

National Flood Insurance Program losses are projected to remain below $300m.   15 August 2024

Alternative Risk Transfer

Cat bonds well on track for record year; cash flows lead the market

Swiss Re counts a record $12.3bn in H1 across 49 dals, but only 7.4% net market gain.   15 August 2024

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