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SCOR lands 26-year Hannover Re vet as global head of cedent fac underwriting
Reinsurance
SCOR lands 26-year Hannover Re vet as global head of cedent fac underwriting
The appointee departs from Hannover Re after serving since 1998.   7 January 2025
Fidelis issues $375m of cat bonds through Herbie Re
Reinsurance
Fidelis issues $375m of cat bonds through Herbie Re
The cat bonds will cover US named storm and earthquake losses.   2 January 2025
iprism lands new multi-year capacity deal with Zurich
Insurance
iprism lands new multi-year capacity deal with Zurich
The deal is projected to yield up to $37.5m in gross written premium.   7 January 2025
Insurance
Ardonagh Group subsidiary takes major stake in New Zealand firm
The acquired underwriting agency places over $280m in GWP.   6 January 2025
Reinsurance
Maiden to merge with US specialty programme insurer
Its CEO believes a fee revenue model will best position the combined company for future growth.   3 January 2025
Alternative Risk Transfer
Cat bond funds advanced throughout December, up 13.6% in FY2024
The cat bond total return performance index rose for all but five weeks of 2024.   6 January 2025
Reinsurance
SiriusPoint strikes major $733m stock deal
CEO Egan expects the deal to boost its return on equity and book value per share.   2 January 2025
Reinsurance
California rounds out reforms, adds reinsurance costs to rates
The cat modelling and reinsurance inclusions incentivize growth in wildfire zones.   6 January 2025
Insurance
ARAG now has its own insurance company
The group has completed integration of DAS UK a year after acquisition.   2 January 2025
Insurance
Acquisition sharpens Aon’s UK and Ireland expansion strategy
Aon has finalised its acquisition of a UK-based insurance broker with ‘complementary’ capabilities.   2 January 2025

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