Articles

Alternative Risk Transfer

US flood programme NFIP ups 2024 coverage to $1.9bn with $575m cat bond

NFIP limit for the 2024 hurricane season now tips 2:1 cat bond over traditional reinsurance.   11 March 2024

Reinsurance

Leadership shift at Sompo targets stronger global reinsurance ties and efficiency

‘Pleased to see us moving closer to acting as a global P&C organisation’: Sompo CEO.   11 March 2024

Insurance

Lloyd’s hits record highs as UW profit more than doubles, strong rates ahead

S&P expects Lloyd’s to maintain reserve margin amidst inflationary pressures on casualty.   8 March 2024

Risk Management

Howden Tiger picks top executive to pioneer next-gen risk models with AI

New role dedicated to advancing risk management and catastrophe modelling using AI.   8 March 2024

Insurance

Subdued cyber claims can’t hold; low frequency looks temporary: Hiscox

A shift in cyber-criminal focus after the Russian invasion of Ukraine can’t hold forever.   8 March 2024

Risk Management

Aon buys AI-powered digital MGA in London

The broking giant invests in AI-powered fleet risk management technology.   8 March 2024

Reinsurance

Hamilton steps up as contrarian casualty reinsurance bull

Hamilton reaches for casualty via quota share in thumbs up to primary carrier conditions.   8 March 2024

Insurance

Lloyd’s will deep dive on cyber to put oversight on par with nat cat

Lloyd’s has only ‘snapshots’ of possible outcomes, well short of a comprehensive view.   8 March 2024

Insurance

Hamilton swings to profit, GWP soars 27% post-IPO

‘2023 truly exemplified the transformation of the business’: claims CEO.   7 March 2024

Insurance

Beazley: climate drives US property to hard-market E&S path long-term

Beazley grew 85% in US E&S property in 2023 as array of new clients flood the channel.   7 March 2024

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