Articles

Reinsurance

Reinsurers can see rate at mid-year renewals above the broker view

Away from ILS-clad top layers and adjusted for private placements, rates are flat at worst.   22 May 2024

Reinsurance

Slide locks in $1.86bn Atlantic hurricane season reinsurance

The programme covers all perils, third event-risks over 175-year protection.   24 May 2024

Insurance

Gallagher snaps up US surety managing general underwriter

The MGU specialises in wholesale contract and commercial surety bonds.   24 May 2024

Insurance

WTW lands Sompo talent with Chubb/Travelers pedigree for MGU leadership

The executive joins Verita as director of underwriting.   24 May 2024

Reinsurance

Gallagher Re targets Japan expansion with leadership shake up

Gallagher Re Japan CEO to move into the role of chairman.   24 May 2024

Insurance

New Lloyd’s syndicate Agile attracts 21-year AXA XL veteran to head up marine

The syndicate received approval from Lloyd’s to commence underwriting in May.   24 May 2024

Insurance

SiriusPoint CFO exits after 18 months; replaced by ‘transformation’ expert

Appointee has a track record as a publicly listed CFO, recently of Kemper Corp.   24 May 2024

Reinsurance

Deutsche Rück charts new MENA territory in international expansion push

It will start underwriting L&H reinsurance in certain Middle East countries.   24 May 2024

Alternative Risk Transfer

First nat cat parametric syndicate enters Lloyd’s with ex-Munich Re talent

New Syndicate 3939 aims to revolutionise catastrophe risk transfer at Lloyd’s.   22 May 2024

Insurance

UK auto policy inflation eases, still 17-34 pts ahead of claims trends

All major components of claims inflation have been single-digit or deflationary since mid-2022.   22 May 2024

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