News

Insurance

RenRe prices SPO for $1.2bn to $1.4bn gross to launch Validus Re funding

New shares, at 15% of current equity, provide ca. half of the Q4 payment.   24 May 2023

Insurance

Munich Re and former Allianz CEO invest in travel insurtech start-up

Munich Re Ventures backs its $10m Series A, joins board of directors.   24 May 2023

Insurance

RenRe O’Donnell puts money where his mouth is: $2.5m into Validus Re deal

RenRe CEO seeks to ‘demonstrate conviction that the deal will deliver material value.’   23 May 2023

Insurance

Gallagher, Markel, NFU, Skyline pilot innovative parametric insurance

It is designed for the agri and horticulture sectors facing climate-related losses.   23 May 2023

Insurance

RenRe to acquire AIG’s Validus Re for $3bn, create top-tier global P&C reinsurer

The deal has been approved by RenRe’s board and does not require shareholder approval.   23 May 2023

Insurance

Consilium launches new unit to target ‘hotbed’ of opportunities

The broker has formed a cyber, tech and fintech division.   22 May 2023

Insurance

Aspen swoops for ex-Tokio Marine/Swiss Re Asian treaty market veteran

The recruit has more than 23 years’ experience of the Asian re/insurance industry.   22 May 2023

Insurance

Heritage places 2023-2024 cat XoL reinsurance at $420.5m

The P&C insurer’s CEO expects rates to continue to increase.   19 May 2023

Insurance

Skyward lands 34-year Munich Re veteran to bolster board expertise

The executive was president and CEO of Munich Re US for 15 years.   19 May 2023

Insurance

Forge your own path: how MNK Re carves out space for growth

International broker MNK Re likes to stand out from the crowd rather than follow it, especially when it comes to finding business opportunities, says Manoj Kumar, group CEO and managing director.   19 May 2023

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