All FERMA Forum Today News

Risk Management

Hurricane Otis: the end of LatAm’s nat cat calm

Re/insurers in the region saw their four-year nat cat hiatus shattered in October, just as political turbulence looms—with 2024 marked out as a year of elections, says AM Best.   1 March 2024

Reinsurance

Miami Reinsurance Week: the power of the network

With so many industry professionals in one place, this LatAm-centric event is perfect for meeting multiple contacts in one place, says Miami Week veteran David Roig, iNLIP.   1 March 2024

Reinsurance

Korean Re CEO to step down at his own request

The CEO will become a strategic advisor to support its international growth.   29 February 2024

Insurance

Ageas eyes Direct Line in bid for European non-life, quickly rebuffed

Shares closed less than half the gap to the bid, signaling low faith a deal can be cut.   29 February 2024

Insurance

Sompo adds C-suite pay cuts in ongoing response to auto claims fraud

Five group level C-suite officials will surrender 20-50% of pay across 3 to 6M periods.   29 February 2024

Alternative Risk Transfer

Potential for risk diversification in cyber ILS and cat bond market: CyberCube

Innovative cyber risk transfer strategies to arise as market matures, it says.   29 February 2024

Insurance

Howden secures second Irish market acquisition in under a month

The firm aims to establish itself as a local broker in Ireland.   29 February 2024

Insurance

AerCap trims claims after recoveries, still sees ca. $2bn down every path

Two alternative claims to its own C&P carriers & a move on carrier reinsurers still in play.   29 February 2024

Reinsurance

Reinsurance margin peak on the horizon as profits draw capacity: Fitch

The cat bond bonanza may roll on in 2024 to add margin pressure to top layers   29 February 2024

Insurance

Europe ‘ripe’ for MGA/MGU model given innovation gap & consolidation

MGU model may bring ‘quick materialisation’ of productivity gains plus and innovation boom.   29 February 2024

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