News

Insurance

Polo & Aon craft Lloyd’s SIAB tackling California wildfire risks

New syndicate to provide capacity for E&S commercial wildfire risk in California.   24 July 2023

Insurance

Leaving California: insurer withdrawal notifications double

AIG, QBE, Farmers, Berkshire Hathaway, Kemper and others on the 2022 evacuee list.   24 July 2023

Insurance

Prudential to reinsure $12.5bn life block with Somerset Re

The deal is part of its strategy to reduce market sensitivity and boost capital flexibility.   24 July 2023

Insurance

Swiss Re, Convex executives set world record rowing the Pacific

Business was also transacted in the middle of the Pacific Ocean.   24 July 2023

Insurance

MS Reinsurance nabs QBE Re talent as lead treaty underwriter

The reinsurer has made recent key hires from PwC, Swiss Re, Axis Re and Partner Re.   24 July 2023

Insurance

Howden expands in Europe with aviation power move

Howden snags specialist Swiss broker to become a ‘major force’ in the aviation market.   24 July 2023

Insurance

SiriusPoint plucks former MS Amlin/Hiscox exec for top London US casualty role

The new head to focus on growing its casualty treaty reinsurance book.   21 July 2023

Insurance

Discipline is slipping in casualty reinsurance, warns WR Berkley

The broad reinsurance industry ‘struggles to have discipline across the board’.   21 July 2023

Insurance

Travelers adds new personal insurance hurricane XoL treaty at mid-year

The group further added limit and hiked retentions in its key northeast US treaty.   21 July 2023

Alternative Risk Transfer

New ILS capital is needed: Schroders’ Lohmann

The risk transfer industry needs more capital—but ILS investors are interested only if returns reach more attractive levels that meet or exceed long-term target returns for risk assets, Dirk Lohmann, chairman of Schroders Capital ILS, told Intelligent Insurer.   21 July 2023

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