Articles

Reinsurance

US property cat reinsurance demand up ca 15% as buyers gain power

Supply has risen to the occasion, but not exceeded; market remains ripe, RenRe says.   26 July 2024

Insurance

Munich Re’s ERGO expands Baltic reach with €80m acquisition

ERGO to acquire a Nordic insurance group’s regional subsidiary.   26 July 2024

Insurance

Liberty Mutual CFO to depart after 30 years; replacement revealed

New CFO to assume the role from January 2025.   26 July 2024

Insurance

AIG and Ryan Specialty strike excess & surplus lines deal

Peter Zaffino said the deal is a major milestone for AIG and its MGU Private Client Select.   26 July 2024

Risk Management

Hampden at Lloyd’s boosts underwriting capabilities with QBE hire

The new hire held underwriting roles at AIG and QBE.   26 July 2024

Insurance

Twelve Capital and Securis to merge creating ~$8bn global ILS powerhouse

Securis CEO to exit upon deal’s completion; new leadership revealed.   25 July 2024

Reinsurance

RenRe more than doubles Q2 profit in hard market

Property shone with 9pps CR improvement against moderate slippage in casualty.   25 July 2024

Technology

CrowdStrike could be biggest cyber loss event, to hit corporate carriers hardest

Carriers with significant large corporate exposures expected to see disproportionate losses.   25 July 2024

Alternative Risk Transfer

RenRe sees Q2 ILS outflows on cat bond profit taking & capital release

Q2 fundraising fell 76% y/y to a mere $84.5m; ILS fee income takes its own upward course.   25 July 2024

Insurance

BMS bolsters UK growth strategy

The broker has tapped a 13-year veteran as UK chief growth officer.   25 July 2024

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