News

Reinsurance

MS Amlin taps insider as head of reinsurance

Reinsurance business produces around a third of MS Amlin’s premium income.   4 April 2024

Reinsurance

4.1 reinsurance renewals draw more capacity; property pricing wavers

Mid-year renewals could turn the market if growth laggards play catch-up, Gallagher hints.   2 April 2024

Reinsurance

CCR Re turnover surpasses €1bn milestone in ‘buoyant’ market

The reinsurer increased its profit by 33.3% despite high nat cat claims.   2 April 2024

Insurance

Sompo unveils new insurance CEO to drive Asia Pacific growth

New insurance CEO to spearhead strategic plans in the Asia Pacific region.   2 April 2024

Insurance

Richard Brindle returns to Lloyd’s market after 26 years with Fidelis syndicate 3123

Fidelis MGU gets in principle approval to spearhead new Lloyd’s syndicate.   29 March 2024

Insurance

Re/insurers face $4bn hit from Baltimore bridge disaster, topping Costa Concordia claims

Losses maybe ‘manageable’ but will add pressure to the marine market, analysts warn.   28 March 2024

Insurance

Baltimore a ‘complex and expensive loss’, but well inside Lloyd’s budget

Claims ‘not outside the normal levels or expectations of what we should see in a given year’.   28 March 2024

Insurance

Lloyd’s built 2023 margin gain on distance to large loss, despite PYD

New reserves hit specialty, including more RU-UA aviation sums, plus casualty.   28 March 2024

Insurance

Baltimore bridge collapse hits P&I segment at earnings turning point

P&I clubs had hit their first technical profit since 2016/17, finally put paid to Costa Concordia.   27 March 2024

Reinsurance

Reinsurers will take bulk of P&I claim after Baltimore bridge collapse

AXA XL led the current XoL reinsurance cover for International Group of P&I Clubs.   27 March 2024

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