Articles

Reinsurance

SCOR hit with fresh ratings blow as AM Best signals trouble and places on watch

It follows an unheralded mass of new reserves in life & health.   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

Insurance

Ryan Specialty supercharges financial lines MGU with ‘largest’ international facility

It has secured a new facility to write management, financial, and professional lines.   25 July 2024

Insurance

Insurtech UK launches new panel to accelerate innovation

The advisory panel consists of senior leaders across the UK insurance industry.   25 July 2024

Insurance

RSA takes UK expansion up a notch with ex-AIG/Markel hire

New hire to help the insurer ‘outperform’ competitors in the Bristol market.   25 July 2024

Insurance

First insured loss estimates emerge from major worldwide IT outage

Parametrix says cyber insurance losses likely 10% to 20% of the total outage damage.   24 July 2024

Insurance

Beazley likely held cyber hit on IT outage below $120m: Berenberg

Beazley has the needed sub-limits, waiting periods and distance to affected sectors.   24 July 2024

Insurance

Commercial rate hardening flatlines Q2, casualty as lone driver: Marsh

Property ends its run after leading as recently as Q4; FinPro & cyber softening stable.   24 July 2024

Insurance

Chubb slows Q2, but holds double-digit growth; pre-cat margins flat

Property lines feel ‘competitive’ versus a durable and needed trend for casualty firming.   24 July 2024

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