All News articles
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NewsArch Insurance appoints new MD in Bermuda
Matthew Smith is an internal appointment to managing director for the insurer, after the retirement of Tony Hay.
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NewsAon names Nichols as Bermuda client leader
Jake Nichols joins from Aeolus Capital Management to be Aon’s global reinsurance clients leader in Bermuda.
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NewsAM Best publishes reports on MENA and Sub-Saharan African reinsurers
The rating agency reports that reinsurers across MENA and Sub-Saharan Africa report topline growth, despite persistent or heightened economic challenges.
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NewsFraccalvieri named as EMEA fac leader for Aon Reinsurance Solutions
Nicola Fraccalvierii re-joins from rival reinsurance broker Guy Carpenter, where he led fac across continental European plus London for casualty, specialty and financial lines.
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NewsCharting Lockton Re’s journey into full spectrum broker
Keith Harrison, Lockton Re’s international CEO, joined the reinsurance broker from rival JLT Re in 2019. Fast-forward a few years and Lockton Re has organically grown into a different animal.
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NewsEmpowering Insurance Agility: Technology’s Crucial Role in Advanced Exposure Management
In the intricate tapestry of re/insurance, where uncertainty and opportunity entwine, effective exposure management emerges as the compass guiding insurers through a dynamic, ever-evolving market, writes Ebix Europe sales director James Pring.
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NewsWar risk and cyber restrictions weigh on cargo renewals – IUMI panel
Cargo reinsurance underwriters are adding fresh restrictions, particularly relating to cyber and war risks, but what’s covered and what’s not under new wordings is a cause of confusion for brokers and clients, according to a reinsurance panel at IUMI 2023.
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NewsAon’s Schultz on a record year for cat bonds, cyber ILS outlook, and ‘Bermuda-esque’ London Bridge 2
Bouncing back from a tough end to last year, 2023 will be a record year for the catastrophe bond market, according to Aon Securities CEO, Paul Schultz.
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NewsTalanx launches rights issue in search of €300m capital
The German insurer said the goal of its capital raising exercise was to enhance the trading liquidity of its shares and strengthening its position in equity indices.
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NewsGreen shoots have now taken root – S&P Global Ratings
‘We believe that the sector is now well equipped to earn its cost of capital,’ says director of insurance ratings.
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News‘Flight to quality’ provides confident outlook for 2024 – Hannover Re
‘Adequate pricing is a prerequisite for us to offer the best possible reinsurance capacity,’ says the reinsurer’s chief executive.
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NewsNo clear price or definition for SRCC risks, warns MAPFRE RE
The Spanish reinsurer did not succeed in getting SRCC exclusions and restrictions it sought during July’s Latin American renewals, and wants to tighten terms for social unrest risks in 2024, MAPFRE RE’s CUO told GR at the Monte Carlo RVS.
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NewsChedid Capital acquires Trilogy London market MGA
The MGA arm of Chedid has announced the acquisition of UK-based Trilogy Managing General Agents.
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NewsUnderwriting discipline crucial – Munich Re
$100bn of annual insured losses in natural catastrophe is the new normal, says Munich Re board member.
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NewsMoving on up - GR’s annual RVS benchmarking survey
Hard market momentum continues as hurricane season gears up. Pricing is expected to rise, said the overwhelming majority of respondents to GR’s 2023 renewals survey.
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NewsICEYE: A new level of situational awareness
Global Reinsurance spoke to ICEYE’s Andy Read about the critical role of hazard data in supporting public-private partnerships and how the satellite-data company is working with governments to improve disaster response.
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NewsPreparation key ahead of specialty lines renewals – Guy Carpenter analysis
Stability returned to the market at mid-year renewals for specialty reinsurers buyers, but firming rate pressures continue, terms are tight, and capacity at lower attachment points is limited.
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NewsLondon could be a $10bn ILS market in five years
Michael Wade, former crown representative for insurance, who pioneered London market ILS legislation, shares his hopes and expectations for the growth of capital markets risk transfer in London.
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NewsLockton Re makes bid to separate first and third party cyber risks
The broker used a Monte Carlo briefing and cyber risk report to note a divergence of appetites between reinsurers comfortable with first party short tail risks and third party long tail risks.
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NewsReinsurance capital levels showing signs of recovery across 2023 – Aon
Reinsurance firms have “produced pretty good results over the last nine months,” says Aon’s head of business intelligence, as they now hope to see out the remainder of the hurricane season without a major reinsurance market loss event.