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Insurance
Nearly 1 in 4 Lloyd’s syndicates beat 80% CoR; even start-ups hit profit
The top 10 had an avg. CoR of 64%; big winners: Beazley, QBE, Chaucer, Nephila & more.   16 April 2024
Alternative Risk Transfer
Hannover Re launches $13.75m parametric cat bond for cloud outage risk
Cumulus Re is the first-ever cat bond to cover losses arising from sustained cloud outage.   15 April 2024
Reinsurance
Bermuda regulator urges re/insurer to report on Baltimore bridge exposure
The estimates should include property, liability & contingent business interruption losses.   15 April 2024
Technology
Canopius boosts cyber offering with threat intelligence capabilities
The re/insurer has partnered with cybersecurity technologies firm Group-IB.   15 April 2024
Insurance
McGill makes double swoop for Aon execs for global property expansion
New hires to build out its global broking capabilities in the US.   15 April 2024
Reinsurance
Mumenthaler claims exit at peak, 2023 market reset tipped the scales
Current market conditions look ‘attractive’ with positive outlook despite risk landscape.   15 April 2024
Insurance
Howden snaps up another Irish broker to gain foothold in North-East
The acquired broker specialises in the transport and haulage sector.   15 April 2024
Insurance
Fosun sells Ageas shareholding in €730m deal to BNP Paribas
Ageas has ended its pursuit of a takeover of UK rival Direct Line after two rejections.   15 April 2024
Insurance
Aon appoints new CEO of reinsurance solutions in India
The broker seeks to expand its presence in India’s rapidly developing insurance market.   15 April 2024
Insurance
MGA Rokstone takes Lloyd’s box to get closer to brokers
Says having a box at Lloyd’s reinforces its longevity in the market.   15 April 2024

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