Articles

Alternative Risk Transfer

RenaissanceRe suffers $540m in net outflows from its ILS stable FY2024

Profit-taking in a rising market exceeds collateral release in driving flows, RenRe says.   29 January 2025

Insurance

Lloyd’s Market LA wildfire losses ‘manageable’: APCL

Reinsurance streams most affected after insurers reduce direct exposure.   15 January 2025

Reinsurance

Life re/insurance sector comes through stress tests

Bermuda’s regulator says some companies faced liquidity shortages and it is engaging with them.   30 January 2025

Reinsurance

Cyber re/insurers need to solve risks posed by third party IT vendors

Ariel Re’s head of cyber said the CrowdStrike outage demonstrated global vulnerability to systemic events.   30 January 2025

Insurance

DARAG snaps up run-off portfolio from former insurtech unicorn

The insurtech is selling its Liechtenstein-domiciled carrier as part of its restructuring.   14 January 2025

Insurance

Lloyd’s syndicate Ki completes split from Brit and becomes standalone

Ki appoints new managing agent; Fairfax remains a shareholder.   24 January 2025

Insurance

Trump tax move does not affect CIT, says Bermuda govt

The US has effectively pulled out of the global corporate minimum tax deal, just weeks after Bermuda introduced the Corporation Income Tax.   24 January 2025

Insurance

Descartes partners with UK insurtech to boost corporate flood risk cover

Descartes will offer up to $70m per policy, covering tangible and intangible losses.   17 January 2025

Reinsurance

Lockton Re nabs Gallagher Re expert to lead cyber ILS

Appointee has a track record in cyber insurance-linked securities.   24 January 2025

Insurance

Lockton plucks Amazon, Mercer veteran to boost people solutions

The new product leader is expected to lead the delivery of innovative digital products.   24 January 2025

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