News

Insurance

Rokstone unveils US excess casualty division, taps Convex for leader

The appointee previously launched Novae Syndicate's US casualty offering at Lloyd's.   16 August 2024

Insurance

Aviation insurance headed for $8bn year; standalone war surges

Capacity remains tight in the hull war segment following major departures.   16 August 2024

Insurance

Allstate suffers $587m in July cats, $226m on just Hurricane Beryl

Sums have generally run well below the heavy-hitting 2023 tally, despite record May burst.   16 August 2024

Technology

Howden MGA DUAL pads US C-suite for major tech innovation

The new CIO arrives from National Interstate with 25 years experience across industries.   16 August 2024

Technology

CRC launches cyber threat solution offering up to $10m in coverage

The offer targets the ‘most frequent forms of loss’ with heightened cybercrime limits.   16 August 2024

Insurance

Florida property insurers poised to weather hurricane season: KBRA

Retained earnings and new and improved reinsurance helped boost defences, analysts say.   15 August 2024

Reinsurance

Fidelis suffers 10-pt hit to combined ratio as large losses bite

Reinsurance led amongst segments with a doubling of underwriting profits.   15 August 2024

Alternative Risk Transfer

Cat bonds well on track for record year; cash flows lead the market

Swiss Re counts a record $12.3bn in H1 across 49 dals, but only 7.4% net market gain.   15 August 2024

Insurance

Hurricane Debby loss capped at $1.5bn, reinsurers near clear: Moody’s

National Flood Insurance Program losses are projected to remain below $300m.   15 August 2024

Insurance

Helvetia lures NN & Munich Re vet for new C-suite risk management role

The appointment highlights a restructuring that puts risk management in executive board.   15 August 2024

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