Articles

Reinsurance

RenRe more than doubles Q2 profit in hard market

Property shone with 9pps CR improvement against moderate slippage in casualty.   25 July 2024

Alternative Risk Transfer

RenRe sees Q2 ILS outflows on cat bond profit taking & capital release

Q2 fundraising fell 76% y/y to a mere $84.5m; ILS fee income takes its own upward course.   25 July 2024

Insurance

Altus opens new HQ in Lloyd’s

The new office is set to support its growth ambitions for specialty lines.   25 July 2024

Insurance

Markel expands casualty underwriting leadership

A 30-year industry exec with Chubb/AIG pedigree to lead Markel’s casualty suite of products.   24 July 2024

Reinsurance

Aon taps 30-year vet as new Bermuda CEO to drive innovation & risk transfer

The executive to replace its CEO and president of 38 years.   24 July 2024

Insurance

Davies appoints deputy CEO of North America

The appointee recently joined Davies from the Brown & Brown acquisition deal.   24 July 2024

Insurance

Penn Mutual to sell $150bn asset manager to global PE giant

Fitch views the sale as ‘opportunistic’.   24 July 2024

Insurance

First insured loss estimates emerge from major worldwide IT outage

Parametrix says cyber insurance losses likely 10% to 20% of the total outage damage.   24 July 2024

Insurance

Beazley likely held cyber hit on IT outage below $120m: Berenberg

Beazley has the needed sub-limits, waiting periods and distance to affected sectors.   24 July 2024

Insurance

SRG buys specialist MGA to expand footprint in London Market

It is the second acquisition to join its MGA MX this year.   24 July 2024

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