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SRG buys specialist MGA to expand footprint in London Market
Insurance
SRG buys specialist MGA to expand footprint in London Market
It is the second acquisition to join its MGA MX this year.   24 July 2024
DUAL launches into key market with AXA P&C underwriting pro
Insurance
DUAL launches into key market with AXA P&C underwriting pro
The executive will serve as CEO of its newly established region.   23 July 2024
Twelve Capital and Securis to merge creating ~$8bn global ILS powerhouse
Insurance
Twelve Capital and Securis to merge creating ~$8bn global ILS powerhouse
Securis CEO to exit upon deal’s completion; new leadership revealed.   25 July 2024
Reinsurance
RenRe more than doubles Q2 profit in hard market
Property shone with 9pps CR improvement against moderate slippage in casualty.   25 July 2024
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
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
Reinsurance
New specialty reinsurer launches
It will underwrite specialty and casualty lines—D&O, PI, cyber and more.   24 July 2024
Reinsurance
Aon taps 30-year vet as new Bermuda CEO to drive innovation & risk transfer
The executive to replace its CEO and president of 38 years.   24 July 2024
Reinsurance
Martello Re mulls growth with $1.3bn capital raise
It entered the reinsurance market with MassMutual and HSCM backing in early 2022.   24 July 2024

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