Articles

Alternative Risk Transfer

RenRe swept up cash for cat bonds, but investors flee collateralised re

Cat bond fund Medici leads the ILS flow show; bleeding at Upsilon continues unabated.   3 May 2023

News

RenRe’s hard market tango: profits jump even as premiums slide

Underwriting gain rises 1.8x as cats come in low not only in Q1, but over past 5Y.   3 May 2023

Insurance

Novidea eyes international market with $50m series C funding

The insurtech plans to expand its teams, product suite and offices across all target markets.   3 May 2023

Insurance

Berkshire BHSI picks new leaders to accelerate growth in Europe & Middle East

Berkshire Hathaway Specialty Insurance claims ‘steady’ global growth and rapid expansion in Europe and the Middle East.   3 May 2023

Insurance

Everest Re sees only upsides, will lean into pending renewals

‘We are on offence,’ CEO Andrade said; dislocation will last ‘through 1/1 2024 and maybe beyond.’   2 May 2023

Insurance

Markel taps Marsh for political risk underwriter in London market

The insurer seeks to spearhead profitable growth across this area of business.   2 May 2023

Insurance

Munich Re weathers Q1 nat cat attack, maintains full-year targets

Beating the €4bn FY profit target looks ‘more likely’ on the back of the Q1 take.   2 May 2023

Insurance

Property insurers to shift more reinsurance costs to clients, warns WTW

Amid limited available aggregate, cat capacity may be fully deployed by midyear, lacking in H2.   2 May 2023

Insurance

Wefox eyes ‘huge market opportunity’ with global affinity launch

It claims the global market it is targeting is worth nearly $3 trillion.   2 May 2023

Insurance

Marsh strengthens presence in Western Australia with acquisition

The company has acquired a broker with a strong presence in the SME market.   2 May 2023

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