Articles

Insurance

BMS nabs AIG talent to operations c-suite role in reinsurance unit

The acquisition is no newbie to broking after prior tenures with Willis Re & Guy Carpenter.   24 April 2024

Insurance

Hurricane-prone Louisiana in clutches of rising climate risks: Moody’s

Property insurance is increasingly difficult to afford and obtain in the state.   24 April 2024

Alternative Risk Transfer

Mexico taps cat bond market, takes $420m for 4Y across 3 key perils

ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal.   18 April 2024

Insurance

WR Berkley adds Q1 margin on ca. 11% top line growth

Berkley moved heavy into short-tail in primary insurance plus a big gain in property re.   23 April 2024

Insurance

Nearly 1 in 4 Lloyd’s syndicates beat 80% CoR; even start-ups hit profit

The top 10 had an avg. CoR of 64%; big winners: Beazley, QBE, Chaucer, Nephila & more.   16 April 2024

Reinsurance

Munich Re claims big Q1 earnings beat as major claims go absent

The P&C reinsurance combined ratio came in more than 4pts below consensus.   23 April 2024

Insurance

Beat to launch credit insurance business under former Canopius/Aon veterans

The insurance-focused investor aims to launch ‘truly differentiated’ business in the credit market.   16 April 2024

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

Insurance

Cyber specialist CFC buys MGA to build for Australian market growth

The partnership seeks to ‘accelerate’ growth and marks CFC’s continued Australian expansion.   17 April 2024

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