All reinsurance broker articles – Page 6
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NewsUkraine war risk database in test phase, war risk pool efforts continue – Guy Carpenter
A Ukrainian war risk loss event database, developed by Guy Carpenter and Oliver Wyman with the Ukrainian government, is in its testing phase, Julian Enoizi revealed to GR.
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NewsBaden Baden 2023: Hard market conditions driving buyer interest in alternative reinsurance – Guy Carpenter
The reinsurance broker used its symposium at the start of the Baden Baden meeting to discuss alternative reinsurance structures for meeting capacity needs and the inflow of new capital.
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NewsHowden settles Guy Carpenter lawsuit, regrets “unlawful” poaching
A lawsuit brought by Guy Carpenter against rival broker Howden over recruitment practices has ended in a settlement and a statement of regret from Howden.
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NewsReinsurers’ capital base rise and underlying RoE comfortably exceed cost of capital – Gallagher Re
Rate increases were the main driver of the continued strong premium growth of 8.7% in the first half of this year, according to the reinsurance broker.
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NewsGuy Carpenter appoints Enoizi as CEO of Europe
The former Pool Re CEO takes up his new position at Guy Carpenter, the reinsurance broking arm of Marsh McLennan, effective immediately.
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NewsHowden Tiger provides optimistic interim market snapshot
Reinsurance broker Howden Tiger provided analysis jointly authored by Michelle To, head of business intelligence, and David Flandro, head of industry analysis and strategic advisory.
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NewsBrazilian broker Latin Re gets Lloyd’s broking licence
Founded in 2019, Latin Re becomes the first Brazilian brokerage to secure a Lloyd’s licence.
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NewsGallagher Re: Insurtech funding falls in second quarter
Insurtech is un a secondary phase, focusing on the ‘how’ rather than the ‘what’ says reinsurance broker’s global head of insurtech.
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NewsHowden appoints Agarwal as its India CEO
His predecessor Praveen Vashista steps up to be chairman of Howden’s India business.
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Aon Reinsurance Solutions records 9% organic growth
The reinsurance broker’s revenue growth in the second quarter reflected strong increase in treaty, driven by strong retention and continued net new business generation.
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NewsHowden Switzerland acquires specialist aviation broker Hudson Sky
Hudson Sky has established itself as a leading aviation re/insurance broker in the Swiss market, particularly focused on helicopter business.
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NewsStorms are getting stronger – Lockton Re climate study
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
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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.
