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Slide secures its largest $210m cat bond; multi-year reinsurance tower hits ~70%
Reinsurance
Purple Re 2024-1 provides 40% more in fully collateralised reinsurance than the initial target.   10 April 2024
Aegis raids AIG to rebuild cyber offer after eight-year hiatus
Insurance
Cyber has ‘matured’ and ‘learned some hard lessons’ since the firm’s last cyber foray.   18 April 2024
Cyber insurance can’t hold its margin amid capacity surge, Fitch says
Insurance
Current margin looks ‘unsustainable’ as market competition ‘intensifies.’   18 April 2024
Insurance
March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024
Insurance
Reinsurance broker Guy Carpenter laid claim to $1.1bn in Q1 revenue, up 7% y/y.   18 April 2024
Insurance
Six aftershocks followed within the first 45 minutes after the initial hit, starting at 5.0.   18 April 2024
Insurance
The new marine chief brags a pedigree from Allianz, Chubb, Aspen and Tokio Marine.   17 April 2024
Insurance
The Aspen and Axis Re vet tapped Chaucer insiders, advancing modelling & risk gurus.   17 April 2024
Alternative Risk Transfer
ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal.   18 April 2024
Reinsurance
Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

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