News

Insurance

Property cat hit rate adequacy, but any old storm could do its worst: RenRe

Too many years of losses have stacked up for a hard market to get the benefit of the doubt.   27 July 2023

Insurance

Beazley secures rating on march to build-out stand-alone US carrier

The newly established US surplus lines carrier will begin taking book from Lloyd’s in 2024.   17 October 2023

Insurance

Lloyd’s of London lands new commercial director from Chubb

She will be responsible for distribution, market development, global engagement with brokers and new entrants.   21 January 2022

Reinsurance

SCOR grows 13.6% at 1.1, ends-around core P&C for margin gain

Alternative solutions provides 71% of y/y growth; core P&C flat, specialty cherry-picked.   6 February 2024

Insurance

Markel jumps into Vesttoo bankruptcy case over $128m fraudulent LOCs

It claims two LOCs were found to be fraudulent in collateralised reinsurance transactions.   1 September 2023

Insurance

Commercial rate growth slows to 2% in Q4; D&O, cyber in decline: Marsh

US commercial property slowing from Q2 2023 peak, but still double-digit to end-year.   5 February 2024

Insurance

Twelve Capital probing options for casualty ILS offer

Fears over collateral management fall away as AI tackles a shift into frequency risk.   6 June 2023

Insurance

Blink partners with Canada’s BCAA on parametric travel solutions

It includes flight disruption and lost/delayed luggage real-time assistance.   11 October 2023

Insurance

Property hard market just starting; casualty thorny: Berkley

Property in ‘early stages of meaningful firming’ after ‘disappointing’ momentum into Q1.   21 April 2023

Insurance

Soft market in for soft landing, but industry remains responsible

Rating agency Standard & Poor’s held a roundtable panel discussion in a stormy Monte Carlo yesterday, which examined a variety of industry threats including soft rates, low interest rates and inadequate reserves.   14 September 2015

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