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Hiscox suffers further ILS investor outflows in Q2, sees more ahead
Alternative Risk Transfer
Hiscox warns on likelihood that ‘we will continue to experience ILS outflows’ moving forward.   9 August 2023
Vesttoo liquidating Bermuda collateralised insurer after fraud scandal
Insurance
Crisis-hit insurtech wants to focus on ‘limited number’ of markets amid shake up at the top.   9 August 2023
Hannover Re ups books 12.6% at renewal on 4.8% risk-adjusted rate gain
Insurance
The capacity gap lingers in some key US property lines; market discipline holds.   9 August 2023
Insurance
Commercial P&C renewal rates rebound from Q2 wobble to 9.7% y/y, still near cycle peak.   9 August 2023
Insurance
TWIA will pay ‘a little bit lower’ than budget, but ‘significantly’ above prior year.   9 August 2023
Insurance
The bumper crop of new hires will be margin positive in 2024; pay rates fully in check.   8 August 2023
Insurance
The company has appointed its co-founder to a strategic leadership role in London.   8 August 2023
Alternative Risk Transfer
The USD-denominated index is up 12.4% from post-Ian lows and 5% since pre-landfall.   8 August 2023
Insurance
The event marks the costliest catastrophe event in Turkey’s history.   8 August 2023
Insurance
The funding is led by Intact with participation from Lightspeed Venture.   8 August 2023

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