All reinsurance broker articles – Page 3
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NewsAbove-average H1 nat cats hit $52bn – Gallagher Re
Insured losses from natural catastrophes in the first half of 2023 were driven by a series of big US storms and El Niño’s arrival.
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NewsFraud investigation at insurtech unicorn Vesttoo
External auditors are probing “inconsistencies” at the AI-based broking platform for collateralised reinsurance and ILS deals.
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NewsBMS buys Brazilian reinsurance broker KNW
Furthering its Latin American reinsurance broking ambitions, BMS is acquiring Sao Paulo-based KNW Brokers Corretora de Resseguros.
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NewsAon Reinsurance Solutions announces "simplified" UK exec structure
The reinsurance broker said it has changed its UK leadership structure to drive growth and collaboration.
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NewsRecalibration at mid-year 2023 renewals – Guy Carpenter
Property pricing saw continued risk-adjusted rate increases in many segments at 1 July renewals, which also benefitted from “improved timing and concurrence around T&Cs”, Guy Carpenter reported.
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NewsSteve Hearn is to leave Ardonagh
Steve Hearn, CEO of Inver Re, the reinsurance broking arm of Ardonagh Group, will leave the company this summer.
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NewsReinsurance market moves to more stable footing – Aon
Mid-year renewals show order returning as pressure on pricing and T&Cs eased compared to 1/1, the re/insurance broker has reported, but double digit rises recorded on Australian business.
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NewsAon touts $200bn transformative tech opportunity for insurers
Prescriptive Analytics alone will generate more than $100bn in fresh premium by 2030, according to the re/insurance broker.
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NewsGallagher Re expects reinsurer discipline from 7/1
Reinsurers are expected to have held the line on pricing after the smoke clears from the 1 July renewal, consistent with the pricing gains seen at the start of this year.
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NewsAon names Walker leader of restructured global credit reinsurance team
A restructuring creates a new global credit team within Aon’s Reinsurance Solutions arm.
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NewsLockton Re names new North American prop fac leader
Senior reinsurance broking appointment joins Lockton from insurer Liberty Mutual.
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NewsGlobal cyber market rockets in value - Guy Carp study
A Guy Carpenter report reveals more than three-fold increase in cyber insurance market value in four years, and models one-in-50 and one-in-200-year event cyber loss scenarios, topping out at a $33.4bn estimated potential market loss.
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NewsGuy Carpenter to acquire Israeli broker Re Solutions
Israeli acquisition includes a fac broking arm and builds a bridge for Guy Carptenter’s insurtech into a major fintech market.
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NewsGallagher Re makes leadership appointments in China
Reinsurance broking firm makes new appointments in Lou and Xia.
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NewsBMS Re promotes Wheeler to president
Reinsurance broker BMS Re said Andrew Wheeler assumes the role immediately.
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NewsGallagher Re heralds new era of insurtech investment
Tech investment across insurance bounced back from last year’s final quarter to hit $1.39bn in this year’s first three months, according to reinsurance broker Gallagher Re.
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