Articles

News

‘Simpler and nimbler’ Swiss Re roars back to big profit despite ‘turbulent’ headwinds

Its P&C Re achieved 19% higher prices at the April renewals in the current hard market.   4 May 2023

Alternative Risk Transfer

Hiscox can go wild at 1/6-1/7 renewals, but only for well-known cedents

Huge net reinsurance growth Q1 comes as Hiscox also covers for fleeing third-party capital.   4 May 2023

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

Everest Re likes Florida pricing, need not trim capacity mid-year

‘The economics should be outstanding,’ even without any early tailwinds from tort reforms.   3 May 2023

Insurance

New $34m insurtech VC fund to invest in broker-centric technology

BrokerTech and ManchesterStory have teamed up to launch the insurtech VC fund.   3 May 2023

Insurance

Fortitude Re inks $28bn reinsurance deal with Lincoln National

Lincoln will reinsure a significant portion of its universal life and fixed annuity business.   3 May 2023

Insurance

Brokerslink launches risk management unit to meet demand

The new practice will be led by the CEO of RCG Global.   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

Howden’s DUAL appoints new underwriting leaders to fuel growth in US market

DUAL North America has appointed industry veterans with AXA XL/Chubb/Swiss Re pedigree.   2 May 2023

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