News

Insurance

US cat wind accounts draw fresh capacity, but rates hold their own: CRC

New players must first oust prior-year ‘opportunistic capacity’ to tip supply-demand scale.   19 March 2024

Reinsurance

Swiss Re veteran to take up top role at Hannover Re succeeding Pickel

He will join the executive board and become CEO of E+S Rück from 2025.   18 March 2024

Reinsurance

Hannover Re ends slow-grow, hard-market year with new reserves, margin gain

The group utilised the global tax asset gain & hard markets to write prudency up to ca. €2bn.   18 March 2024

Reinsurance

Argentina: towards new rules in the reinsurance market?

The new regime in Argentina is likely to lead to a major turnaround for the reinsurance sector, but the road ahead is not without obstacles, says Pedro M. Lorenti, a partner at Aurigon Advisors.   18 March 2024

Insurance

American Club sees P&I premium decline on 2024 renewals

Combined ratio for the 2023/4 policy year ran 103% at end-2023, ‘with an improving trajectory’.   15 March 2024

Insurance

Industry veterans launch new $250m E&S insurer targeting SME risks

It is backed by key players like RenaissanceRe, PartnerRe, and Starr Insurance.   14 March 2024

Insurance

Primary liability rates should rise through 2025: Aspen

Loss trends and reserve development create lasting mandate for long tail rate discipline.   14 March 2024

Insurance

US P&C hits decadal reserve redundancy on 3rd year of ‘dramatic’ building

Reduced PYD and new reserving outside workers comp further put paid to 4Y span of deficiency.   11 March 2024

Insurance

Lloyd’s hits record highs as UW profit more than doubles, strong rates ahead

S&P expects Lloyd’s to maintain reserve margin amidst inflationary pressures on casualty.   8 March 2024

Insurance

Beazley likes cyber rates, will further the foray into non-US markets

Despite a recent pull back in cyber rate growth, Beazley sees signs rates will stabilize.   7 March 2024

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