Property Catastrophe

29 April 2024   ASR Syndicate aims to expand Lloyd’s business share in Africa’s underserved insurance market

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Insurance
Beazley takes a closer shot at E&S on shift from Lloyd’s syndicates to US onshore carrier.
Insurance
Beazley may have finished reducing reinsurance cessions; gross-to-net should be flat.
Insurance
The broker has experience in international property, mining and heavy industry.
Alternative Risk Transfer
Its parametric structure allows for faster insurance payouts post event.
Alternative Risk Transfer
Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.
Reinsurance
CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.
Risk Management
It aims to improve disaster management decision making.
Insurance
The exposure fits the Chub large loss profile ‘within what we would contemplate.’
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