News

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

IQUW expands marine portfolio with new offer led by ex-Markel talent

Former Markel underwriter to grow a global ports and terminals book.   18 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

Insurance

Global insurtech funding sinks in 2024 with ‘sharp turn of events’ in Q4

But AI-focused insurtechs still made up over one third of deals last year.   17 February 2025

Insurance

Apollo ships in new cargo underwriter from talent pool

Appointee to lead the cargo team in addition to her hull underwriting role.   17 February 2025

Insurance

Howden’s DUAL unifies brands to streamline access

Global underwriting operations to fall under single unified brand.   18 February 2025

Insurance

RiverStone International seals RITC deal with managing agency Asta

Deal to transfer 2022 liabilities from HRP Syndicate 2689 to RiverStone’s Syndicate 3500.   17 February 2025

Reinsurance

R&Q Re creditors approve scheme of arrangement

The unique scheme will protect creditors from costs associated with insolvency.   6 February 2025

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