News

Reinsurance

Reinsurers show enough cat appetite to clear mid-year Florida renewals

Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024

Insurance

Allstate Q1 nat cat tally tames to $731m versus prior year slaughter

March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024

Insurance

Marsh McLennan grows 9% in re/insurance broking lines, ups margin

Reinsurance broker Guy Carpenter laid claim to $1.1bn in Q1 revenue, up 7% y/y.   18 April 2024

Insurance

Munich Re shakes up P&C underwriting leadership across Asia & Africa

Munich Re claims its Asia & Africa units have grown capacity for a ‘leaner on top’ stance.   18 April 2024

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

Insurance

The deal must go on: Fleming forced into JRG RE buy from James River

Fleming had last said it was mounting a full scale appeal to the forced purchase.   17 April 2024

Alternative Risk Transfer

SageSure MGU closes consecutive cat bond deal for Gateway Re at $130m

The deal brings the SageSure-supported cat bond tally via Gateway Re to $1.16bn.   17 April 2024

Insurance

Price competition is back, just as claims inflation tames, CFOs warn

‘Pricing and competitive environment’ is the rising star on the CFO worry list for 2024.   17 April 2024

Insurance

Beat to launch credit insurance business under former Canopius/Aon veterans

The insurance-focused investor aims to launch ‘truly differentiated’ business in the credit market.   16 April 2024

Insurance

Howden’s DUAL powers up European expansion with Swiss Re marine acquisition

DUAL secures capacity from Swiss Re to continue to write marine business.   16 April 2024

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