Articles

Reinsurance

TWIA reinsurance cost jumps in 2024-5 programme to 9.6% rate-on-line

Cat bonds take the lead in the $4bn 2024-5 programme at 32% of $6.5 bn tower power.   31 July 2024

Insurance

Arch profit jumps 90% on reinsurance and investments

Its reinsurance segment saw gross written premiums rise 15.6% to $2.9 billion.   31 July 2024

Insurance

Chubb hires Berkshire Hathaway leader for key European role

New regional executive officer to spearhead growth in Germany & Austria.   31 July 2024

Insurance

Create the right culture to retain top talent

People need to engage in meaningful work and be supported by a culture where it’s safe to experiment and speak up, says QBE’s people director.   30 July 2024

Insurance

Zurich expands EV insurance partnership with Tesla

Zurich has been Tesla’s insurance provider in Switzerland since 2016.   29 July 2024

Insurance

Primary insurers brace for Hurricane Debby hit after Cat 1 landfall: Moody’s

The second US hurricane to make landfall in 2024 is set to cause ‘extreme flooding’.   6 August 2024

Insurance

Hurricane Debby targets Big Bend Florida, brings major rainfall threat

A slow-go path to the east coast could bring ‘historic’ rainfall and flooding threats.   5 August 2024

Alternative Risk Transfer

Markel ILS unit Nephila bleeds assets again, despite premium surge

Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024

Reinsurance

Allstate cuts Florida reinsurance tower at mid-year, shifts toward ILS

ILS starts the heavy lifting from the $340m mark, less than half the prior year trigger.   2 August 2024

Insurance

Markel maintains steady premium growth despite underwriting dip in H1 2024

CEO Gayner is encouraged as ‘corrective actions’ in key product lines start to pay off.   2 August 2024

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