All reinsurance articles – Page 5
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NewsConsilium launches specialty treaty reinsurance division
Broker will offer both proportional and non-proportional solutions, for clients ranging from start-ups to mature insurers and MGAs
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NewsAM Best puts CCR RE ratings under review
Under the proposed transaction, CCR will sell approximately 70% of its interest in CCR RE
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NewsMS Reinsurance expands senior leadership team
Reinsurer taps Axis Re, Swiss Re and Partner Re for C-suite roles, based in Zurich
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NewsSwiss Re posts 2022 net income of $472m after tumultuous year
Large nat cat claims reached $2.7 billion as the P&C Re combined ratio rose to 102.4% for the full year
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NewsKCC pegs Turkey quake claims at $2.4 billion
Total economic property losses from the M7.8 and M7.5 earthquakes are expected to be close to $20 billion
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NewsWill this ‘circuit breaker’ market win back capital?
The perfect storm of 2022 has nourished the green shoots of investor optimism in 2023
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NewsBrit increases cyber consortium capacity by 50%
The product is designed to protect clients from the impact of physical damage arising from cyber-attacks
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NewsOasis cyber data standard will ‘unlock additional capital’
Improving efficiency of data transfer is key for the cyber insurance market to reduce costs, says open source modeller
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NewsCat bond outlook bullish as hard market continues
ILS instruments have a “greater role to play” as reinsurers restrict catastrophe coverage
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NewsVoce’s Plants steps down from Argo board
It follows news that Brookfield Reinsurance will buy the group in a $1.1 billion merger following a 6-month strategic review
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NewsChaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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NewsBMS buys Spanish specialty broker Viafina
Broker has a strong track record in the construction, renewable energy and surety insurance sectors
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NewsSCOR extends partnership with insurtech Concirrus
Partnership will allow underwriters to more accurately price future risks within SCOR’s marine line of business
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NewsMoody’s downgrades SCOR’s IFSR to A1
Turnover in SCOR’s CEO role highlights ’challenges in the implementation of the Group’s succession plan’
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NewsFrench government prepares to sell majority stake in CCR Re
Transaction values CCR Re at close to €1 billion; will transfer 75% ownership to mutual consortium
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NewsTurkey insurance losses likely to be borne by reinsurers
Claims could potentially reach $1 billion, with total economic losses over $4 billion, says Fitch Ratings
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NewsLloyd’s appoints Andrew Brooks as deputy chair
Former Ascot chief executive commits to cementing Lloyd’s reputation as a ’hub for expertise for the future’
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NewsTürkiye quakes to cost an estimated $1 billion
Devastating earthquakes will add to an already challenging operating environment for Turkish re/insurers, warns AM Best
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NewsBrookfield to buy Argo in $1.1 billion transaction
Transaction represents ’best path forward’ for Argo stakeholders, says Bradley, as Brookfield cites ‘milestone’ in firm’s expansion
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NewsHannover Re sees property cat rate hikes of 30%
Prices and conditions ’not seen in decades’ was present at 1 January, as reinsurer looks to mid year
