News

Reinsurance

Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat

Bits of ‘unambiguous value’ may find buyers, earlier-stage entities may get run-off.   16 May 2024

Reinsurance

Swiss Re grew top-line ca 5% y/y Q1 on march to target-beating margins

Swiss Re otherwise made its IFRS17 debut without a single year-on-year pro forma comparison.   16 May 2024

Reinsurance

Swiss Re increased book 6% at 4.1 while piling out of casualty

Market discipline should hold through mid-years: supply looks ‘adequate,’ but not ‘excessive.’   16 May 2024

Insurance

MS Transverse CEO steps aside for vice chairman role; successor revealed

Co-founder and CEO Matson says ‘now is the right time for me to pass the torch’.   16 May 2024

Insurance

E&S casualty rates rise Q2 as jittery carriers turn hyper-selective

A mere $5m in lead excess for high-hazard industry often requires multiple carriers: RPS   15 May 2024

Insurance

Farmers steps back into Californian CMP market, buoyed by ‘positive changes’

The news comes just ahead of insurance commissioner Lara’s market strategy update.   15 May 2024

Alternative Risk Transfer

Aon unveils ‘first-of-its-kind’ ESG risk transfer solution

It provides cover for key risk exposures associated with Carbon Capture and Storage (CCS).   14 May 2024

Reinsurance

Reinsurance pricing may hold stable into 2025: Hannover Re

New capital is sparse while existing capital, although rising, has learned a few lessons.   14 May 2024

Reinsurance

Hannover Re ups Q1 margin for 4.3 pt CoR gain, fends off early optimism

Underlying margin may be stronger, but unknowns – including bridge loss - crowd the outlook.   14 May 2024

Reinsurance

AXA XL taps reinsurance expert for top London casualty role

The executive boasts over 37 years’ experience; rejoined AXA XL from SiriusPoint.   14 May 2024

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