News

Reinsurance

TWIA may be forced to up reinsurance purchases by $1bn in 2024

The mid-year program & cat bond renewal appear manageable; market ‘is not getting worse.’   13 December 2023

Insurance

R&Q in lock-up deal over Accredited sale; anticipates significant cut in proceeds

Closing proceeds now expected between $65m and $110m, down from $170m to $210m.   25 April 2024

Insurance

Better data needed to tackle rising nat cat challenges in Asia: Perils

Asia-Pacific is experiencing an increase in weather events, in both frequency and severity, and better data is needed.   1 November 2023

Insurance

Cyber specialist Coalition raises $175m cash; targets international growth

The funding means the company is now valued at $1.75bn.   19 March 2021

Insurance

Volume of EOI applications poses challenge for underwriters

Full-time underwriters handle over 6,100 EOI applications per year.   19 December 2019

Insurance

RFIB expands African operations with new headquarters

Lloyd's re/insurance broker RFIB Group has established new permanent offices in Montecasino, Johannesburg, to further expand its presence in Africa.   12 February 2019

Insurance

R&Q programme business GWP jumps 92% in excellent first quarter

Programme Management on track to deliver $1.75bn of gross written premium in 2022.   30 May 2022

Insurance

MGU Palisade Insurance hires senior leader from Aon

The company has expanded its leadership team for US and European risk divisions.   27 September 2023

Insurance

UK insurance regulators talk ground rules, open up for industry onslaught

Competition mandate laced throughout review, but clearly demoted from primary remit.   8 September 2022

Insurance

SiriusPoint and R&Q expand partnership with AI-driven MGA Corvus

The multi-year investment adds an additional $100m to the programme.   20 July 2022

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