All reinsurance articles – Page 12
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Fidelis receives approval for private-equity backed MGU
The Fidelis MGU will be led by chairman and CEO Richard Brindle, and Fidelis Insurance Group will be led by CEO Dan Burrows
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Florida buyers will struggle for capacity at 1/1 - Fitch
Rating agency predicts double-digit rate rises for property catastrophe cover driven by insured losses of c.$120 billion
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1/1 renewals will test industry’s relevance
The renewals period represents a time to move towards, not away from risk, says Aon’s Andy Marcell
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Insurance placed for UK’s first space rocket launch
Once operational, Forgestar will be the world’s first fully returnable and re-launchable satellite platform
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Insurers are innovating to address nature loss - Geneva Association
Over 50% of global GDP is dependent on natural capital and ecosystem services, many of which are close to ‘tipping points’
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AXA XL appoints head of Cyber, UK & Lloyd’s
She previously held cyber leadership positions in Aon Cyber Solutions
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Digital syndicate Ki appoints underwriter
Marsh joins from Sompo International, where she held the role of International Casualty Treaty underwriter
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IDF calls for 'convergence' of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
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Liberty Specialty Markets names Rachel Conran CUO
She most recently served as chief executive officer and board member of RSA Luxembourg
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Call for feedback on federal cyber insurance backstop proposals
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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Ludlow Re kickstarts ‘Class of 2022’ start ups
Cayman-based Ludlow Re has been launched by Hildene Capital and has seed capital of $1 billion
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S&P downgrades SCOR to A+ (stable)
Reinsurer is a “negative outlier relative to close peers” with financial results “below expectations”, states rating agency
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Rising interest rates a “silver lining” for insurers
Despite a looming recession, insurance premium growth will rebound in 2024 as interest rates rise - sigma
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Argo engages Goldman Sachs in hunt for buyer
The company is urging support from shareholders as it embarks on a ‘strategic alternatives process’
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Re/insurers providing $5.5 trillion a year in resilience protection
The Geneva Association sets out how the industry can do more to promote social sustainability and close protection gaps
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Antares Bermuda receives approval to write Lloyd’s business
This will allow it to write Lloyd’s business on behalf of Antares Syndicate 1274 from Bermuda
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Insurtech investment hits $2.35 billion in Q3 as appetite returns
There is a growing realisation that incumbents are to be supported, not displaced - Gallagher Re
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Sadlier takes the helm at Artex Risk Solutions Cayman
Artex also announced the appointment of Silvanous Inyangala as director of Risk & Compliance
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COP27: Covea, Hiscox and RSA commit to ‘Build Back Better’
Investing in property level flood resilience measures lessens the impact of future flooding - Flood Re CEO
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Marsh Specialty's Kolodner to lead Global Renewable Energy
He succeeds Hamish Roberts, who has taken on a new role as Marsh’s UK & Ireland Specialty Growth Leader