2024-03-27T10:55:00+00:00
IGI’s Dubai hub prioritises facultative business, because treaty reinsurance competition is fierce in the Middle East and sees a construction boom in Saudi Arabia as its biggest pipeline for growth.
2024-03-27T09:49:00+00:00
Improved underwriting results have driven strong earnings and improved resilience at the four biggest continental European reinsurers, according to rating agency Moody’s.
2024-03-26T13:58:00+00:00
A shift from a facultative to a treaty model for the UK’s government-backed terrorism reinsurer, gets the go-ahead, to take effect from April 2025.
2024-03-26T13:32:00+00:00
A record number of elections in 2024, amid escalating geopolitical risks, underscore the value of political violence and political risk insurance, Howden emphasised.
2024-03-26T13:03:00+00:00
Swiss Re Institute said frequency of events is main driver of insured loss accumulation, with severe convective storms accounting for a record $64bn last year.
2024-03-25T15:00:00+00:00
Strong transaction appetite expected in 2024, according to re/insurance broker BMS. due to private equity capital waiting to deploy.
2024-03-25T14:52:00+00:00
A trio of hires join the London market financial lines team of the mid-sized independent re/insurance broker.
2024-03-25T13:51:00+00:00
Convex’s former chief underwriting officer in Bermuda joins the reinsurance broker to lead its Pacific business.
2024-03-25T13:36:00+00:00
The new consortium builds on an existing arrangement in which Apollo has partnered with Munich Re Syndicate on marine hull business since 2019.
2024-03-25T11:25:00+00:00
The group will help vulnerable countries access climate and disaster risk finance and insurance support packages via Global Shield.
2024-03-22T09:09:00+00:00
WTW grew its credit and political risk insurance portfolio by 25% last year, the broker has revealed in its CPRI Capacity Survey and Market Update 2024, but the market is increasingly turning to developed economies and multilaterals.
2024-03-20T15:18:00+00:00
The re/insurance broker announced Daniel Leahy joins from rival intermediary Howden.
2024-03-20T15:13:00+00:00
Beyond providing financial security, insurers are tasked with navigating a complex landscape of political, economic, and societal challenges, writes Antonio Serrapica, partner, Kearney.
2024-03-18T17:09:00+00:00
David Cary joins Brit from QBE Re, where he was head of property and casualty in Bermuda.
2024-03-18T16:52:00+00:00
New syndicate-in-a-box to focus on niche and SME business written in domestic APAC markets, particularly liability, professional indemnity, accident and health, property and travel.
2024-03-18T16:36:00+00:00
Spanish insurer Mapfre aims for a 95% combined ratio by the end of 2026.
2024-03-18T10:48:00+00:00
Change at the top came as Hannover Re announced it had beaten its full-year earnings target; group net income rose to €1.8bn for 2023; reinsurance revenue climbed to €24.5bn; and a return on equity of 19% was “comfortably above minimum target”.
2024-03-18T10:37:00+00:00
Aviva’s purchase of Probitas gives the insurer instant ‘scale’ in the Lloyd’s market, says UKGI chief executive.
2024-03-14T15:51:00+00:00
Local insurers have “more skin in the game” due to the hard market for reinsurance.
2024-03-14T15:26:00+00:00
Reinsurance broker Howden Tiger announces Carrie Byler has joined from rival Guy Carpenter.
2024-03-14T15:15:00+00:00
Mitha joined Bermudan run-off re/insurer Compre as chief actuary for North America in 2022.
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