News

Reinsurance

Hannover Re grows 11.5% at mid-year renewals on ‘modest’ price gains

Demand decides: Hannover Re has double digit volume gain despite decline in treaty share.   12 August 2024

Insurance

Beazley rides CrowdStrike easy street on below-par notifications

Notifications are a fifth of that seen in MOVEit attack, a third of the Change Health attack.   9 August 2024

Insurance

Hurricane Debby losses up to $2bn, ‘manageable’ for re/insurers: claim major brokers

Private insurers and the NFIP are expected to face hundreds of millions in losses.   9 August 2024

Insurance

QBE enters $376m loss portfolio transfer deal with Enstar

Enstar, which is being bought by Sixth Street for $5.1bn, says it is familiar with the business.   9 August 2024

Technology

Howden Re partners with cat modeller on seismic risk management in Turkey

Partnership to explore expansion into earthquake-prone regions in Europe, Asia and South America.   9 August 2024

Reinsurance

Allianz bullish on full-year targets after Q2 profit jump

The company affirmed its 2024 operating profit outlook at nearly €14.8bn.   9 August 2024

Reinsurance

Munich Re’s casualty exit is pure market, not rising skeletons: CEO

Big growth in casualty XoL followed underlying primary rate; Munich Re didn’t seek volume.   8 August 2024

Reinsurance

Munich Re wants to add more ‘global’ to its specialty drive

A chiefly organic drive is mulled, but the units’ initial market in the US could see M&A.   8 August 2024

Insurance

Bold new management move at Everest targets stronger broker ties

Re/insurer says strong, long-standing broker relationships are central to collective success.   8 August 2024

Reinsurance

Munich Re sees strong market through 2025, but need not pump volumes

Reinsurer discipline will hold amid a need to ‘earn now what they couldn’t for so long’.   8 August 2024

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