News

Insurance

Marine P&I reinsurance rates taper at renewal despite feared losses

‘Felicity Ace’ car carrier, Repsol oil spill & ‘Deepwater Asgard’ could still cause pain.   12 April 2022

Insurance

Arch taps Newpoint director to expand warranty & affinity portfolio

His insurance expertise spans both the Lloyd’s and company markets.   12 April 2022

Insurance

Fidelis appoints new deputy group head of D&F property

The appointee will be responsible for Fidelis’ D&F writing in Bermuda.   11 April 2022

Insurance

Compre snaps up Swiss Re legacy leader as CEO North America

The executive was responsible for the origination of all US legacy deals at Swiss Re.   11 April 2022

Insurance

Big four reinsurers face nine-digit losses on Ukraine war

Munich Re, Hannover Re, Swiss Re & SCOR on the hook with likely 50% reinsurer take.   11 April 2022

Insurance

Korean Re ups 2021 net profit on decline in claims, reduced retrocession

Korean Re’s own reinsurance purchases fell by 4.7% y/y.   8 April 2022

Insurance

Saudi Re eyes 50% capital increase to retain growth power

New capital follows nearly 20% premium growth rate in 2021.   8 April 2022

Insurance

Vesttoo taps ex-Credit Suisse to bring ‘Wall Street acumen’ to insurtech

A corporate finance expert to help Vesttoo expand offering to capital market investors.   8 April 2022

Insurance

Third Point Re CEO Malloy exits SiriusPoint a year after merger

Dan Malloy has taken up a strategic advisor role at a Bermuda-based company.   8 April 2022

Insurance

Swiss Re gains critical mass in ILS; on track for 9-digit fee income

2021 shows some ‘unpleasantly surprised at the ways you can lose money in insurance’.   7 April 2022

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