News

Reinsurance

Resilience and growth: Munich Re remains upbeat on LatAm but eyes many challenges

Although Latin America’s economic growth currently trails that of other emerging regions, analysts expect this trend to reverse until 2030.   13 February 2025

Reinsurance

Hannover Re sanguine on US liability, renewed full slate at 1.1

P&C chief Althoff saw ‘no particular need’ to cancel or cut any programmes.   6 February 2025

Reinsurance

Cyber cedants can't be tempted to cat XoL at 1.1, Hannover Re admits

With price pressure all around, Hannover Re closed its 1.1 book flat at $500m.   6 February 2025

Insurance

Hannover Re sees up to €700m California fire loss; retro in play

Wildfire losses blow past the Q1 nat cat budget, but 2025 profit targets stay safe.   6 February 2025

Reinsurance

Hannover Re shifts retro cover at 1.1 from ILS partners to XoL treaty

Cession rate in key ILS plan cut to 'sweet spot' of 33%; investor demand left lingering.   6 February 2025

Reinsurance

Hannover Re ups treaty 7.6% at 1.1; adds nat cat, holds US liability

Demand rose less than hoped at renewals but rising supply remained disciplined.   6 February 2025

Reinsurance

Miller mines 16-year SCOR veteran to power reinsurance strategy

The new managing director will focus primarily on its Western European business.   5 March 2025

Insurance

Beazley vows mid-single digit growth in softening 2025 market

Runaway growth still possible in ‘quite unstable’ market, says re/insurer.   4 March 2025

Insurance

Liberty Mutual sees $1.2bn net hit on LA wildfires, reinsurance due

Liberty Mutual’s per-occurrence property cat tower rings in $1bn including cat bonds.   7 March 2025

Reinsurance

Sompo folds all overseas re/insurance business into Sompo P&C

Japanese insurance giant reorganises international activity into single entity.   14 February 2025

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