New Thinking
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News
A new phase in the cycle begins – Howden Re’s Flandro
After a Goldilocks period for reinsurers, a new stage in the cycle is starting to take shape, with signs including lower interest rates and their effects on bond portfolios, David Flandro, Howden Re’s head of industry analysis and strategic advisory, told GR.
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Howden Re pre Monte report focuses on innovation
Rapidly changing nat cat, political violence and casualty re/insurance situations mean point to a greater need for collaborative innovation, reinsurance broker Howden Re said.
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Mapfre appoints Jiménez as chief innovation officer
New head of innovation has been CEO of MAWDY, the Madrid-based group’s assistance business unit, since 2019.
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DWIC24: Phinsys wins Lloyd’s Lab ‘Dragons’ Den’ insurtech competition
Five graduate startups of the Lloyd’s Lab insurtech incubator made their pitches to DWIC 2024, grilled by questions from a panel that included Vicky Carter, deputy chair of Lloyd’s.
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Convex backs aviation MGA as it prepares for takeoff
’Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,’ says head of aerospace
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Mozambique gains parametric cyclone solution
Africa Specialty Risks is lead reinsurer in the $35m placement for Africa’s second most disaster prone country
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New York parametric flood pilot will use satellite data
Guy Carpenter, Swiss Re and ICEYE have joined forces to test a parametric flood insurance program for New York City
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ACORD: Digitisation is a baseline necessity
Disruptors will capture a material share of premium and profit by 2040, according to a quarter of respondents
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Ariel Re sponsors third cat bond with carbon offset feature
Titania Re III provides $125m of protection for named storms and earthquakes in the US and Canada
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Chaucer in partnership to insure trade secrets
Risk transfer solutions for intellectual property will help a trade secret protection ecosystem to develop
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Pandemic initiative may point to the future of insurance
Insurers investing in Covid-related research projects could reduce the long-term costs of future risks
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InsurTech ‘disruption’ narrative is over - Gallagher Re
InsurTech investments dropped ‘dramatically’ in 2022 as venture capitalists focus on profitability
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Howden Tiger offers “new force” in reinsurance broking
The broker is turning its sights to ’high growth specialist areas’ including MGAs and facultative reinsurance
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Hannover Re, Stone Ridge in ground-breaking cyber risk transfer
The asset manager intends to “meaningfully grow” its cyber exposure after $100m quota share cession
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California floods highlight need for “robust private market” - AM Best
Many homes covered by the NFIP would benefit from an excess policy above the NFIP coverage limit
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TMK launches 'all singing, all dancing' life sciences product
Policy includes intellectual property and cyber coverage in a first for the Lloyd’s market
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Industry’s first cyber cat bond to ‘unlock’ market potential
The $45m bond gives Beazley protection against all perils in excess of a $300m catastrophe event
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Fidelis completes landmark MGU and balance sheet split
The Fidelis MGU is headed by Richard Brindle with Jonny Creagh-Coen head of strategic relationships
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Cyber risk calls for collaboration between reinsurers and ILS funds
Successful growth of the cyber insurance industry requires deeper partnerships across the value chain - CyberCube
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Sukoon syndicate-in-a-box gains DIFC approval
Led by Amey Masurkar, it will be the first SIAB to operate outside of London with the support of Lloyd’s DIFC