News

Reinsurance

Aussie cyclone pool ARPC does the trick: premiums down, success rates up

Homeowner quotes came down double digit across three of five segregated risk groups.   9 May 2024

Insurance

QIC profit surges on turnaround; predicts ‘softer’ market ahead

The results benefited from strong growth in domestic and MENA markets.   9 May 2024

Reinsurance

Reinsurance pricing may be at stable plateau, not a peak: Munich Re

Market appears disciplined on T&C, Munich Re appetite for looser deals is ‘absolutely zero’.   8 May 2024

Reinsurance

Aon attracts capital advisory veteran to boost capacity in Lloyd’s market

The executive founded London Innovation Underwriters to deploy funds into the Lloyd’s market.   8 May 2024

Insurance

Ardonagh in landmark deal to acquire Australian broker for A$2.3bn

The acquired firm has over 40 trading brands and operations in seven countries.   8 May 2024

Reinsurance

Social inflation has pricing inadequate in ‘a number of lines’- Munich Re

Social inflation faces no curbs; ‘Why should it dampen at all?’ CFO Jurecka asks.   8 May 2024

Reinsurance

Munich Re grows P&C reinsurance book 6.1% at 4.1; mid-year still ripe

Pricing edged down fractionally overall, kept pace with loss trend ‘for the most part.’   8 May 2024

Reinsurance

Munich Re hikes margins for 11 ratio points, but warns on early optimism

Baltimore bridge leads Q1 major loss tally, but remains ‘exceptionally difficult’ to pinpoint.   8 May 2024

Insurance

IGI sees strong growth amid ‘mixed’ market conditions

The re/insurer has reported improved underwriting and investment results in the first quarter.   8 May 2024

Reinsurance

TWIA will close $6.5bn tower within days, adds $900m cat bonds for ‘24

The $6.5bn target required $4.05bn in total reinsurance, an 80% increase on the prior year.   8 May 2024

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