News

Reinsurance

HCI group ups limit to $2.7bn in mid-year renewal

Limit on Homeowners Choice Florida only tower rose 13%, TypTap & other by 5%.   31 May 2024

Reinsurance

Universal cuts limit at mid-years, dabbles in multi-year cover

Rate on line bumps by a ‘modest’ 1.2 points as Universal shifts out of public programme.   31 May 2024

Risk Management

Nat cats, cyber cats and kittens: updating our view of cyber risk

Most cyber attacks won’t be systemic, so we need to reframe our view of risk to untap its potential, says Howden Re.   31 May 2024

Risk Management

How to prepare for a systemic cyber event

Data is everywhere, just like bottled water, but we need to learn how to connect the dots. This is the view of Lou Botticelli, managing director of cyber & professional liability at Markel.   30 May 2024

Insurance

No price fighter: AIG eyes high-margin growth in specialty, E&S property

‘Not all property is created equal,’ and AIG claims a line on the lone ‘true’ hard market.   30 May 2024

Insurance

Miller snaps up ‘excelling’ Spanish broker to expand European reach

It says the firm is a ‘market leader’ in fac reinsurance, financial lines, credit and surety.   30 May 2024

Reinsurance

Property cat cleared 6.1 on 5% rate cut, capacity greases upper layers

Early and organised treaty renewals opened the door to raw increased retro: Howden Re.   30 May 2024

Reinsurance

Leadership shuffle at RGA, ex-AIG steps in to replace long-serving CFO

A 30-year RGA veteran to retire; new CFO joins from American Equity with AIG/Goldman Sachs pedigree.   30 May 2024

Insurance

Aviva taps seasoned actuary as commercial lines chief underwriter

The executive previously worked at XL Catlin and Zurich in pricing leadership roles.   30 May 2024

Insurance

Descartes taps WTW talent to craft new generation of parametric insurance

Appointee to head up the MGA’s London operations.   30 May 2024

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