News

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

Insurance

New CEO at Chaucer ushers in fresh c-suite line-up on day one

The Aspen and Axis Re vet tapped Chaucer insiders, advancing modelling & risk gurus.   17 April 2024

Insurance

The deal must go on: Fleming forced into JRG RE buy from James River

Fleming had last said it was mounting a full scale appeal to the forced purchase.   17 April 2024

Insurance

Q1 insured nat cat losses hit $20bn, convective storms dominate again

Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024

Insurance

Allianz Commercial taps insider for global marine leadership role

The new marine chief brags a pedigree from Allianz, Chubb, Aspen and Tokio Marine.   17 April 2024

Insurance

Cyber specialist CFC buys MGA to build for Australian market growth

The partnership seeks to ‘accelerate’ growth and marks CFC’s continued Australian expansion.   17 April 2024

Alternative Risk Transfer

SageSure MGU closes consecutive cat bond deal for Gateway Re at $130m

The deal brings the SageSure-supported cat bond tally via Gateway Re to $1.16bn.   17 April 2024

Insurance

UK auto policy inflation at still-hearty 28% in March, well past claims

All major components of claims inflation have been in single-digit territory since mid-2022.   17 April 2024

Insurance

Price competition is back, just as claims inflation tames, CFOs warn

‘Pricing and competitive environment’ is the rising star on the CFO worry list for 2024.   17 April 2024

Insurance

Beat to launch credit insurance business under former Canopius/Aon veterans

The insurance-focused investor aims to launch ‘truly differentiated’ business in the credit market.   16 April 2024

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