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Slide secures its largest $210m cat bond; multi-year reinsurance tower hits ~70%
Reinsurance
Slide secures its largest $210m cat bond; multi-year reinsurance tower hits ~70%
Purple Re 2024-1 provides 40% more in fully collateralised reinsurance than the initial target.   10 April 2024
Florida-focused insurers slash 2023 losses, rest of field already in the black
Insurance
Florida-focused insurers slash 2023 losses, rest of field already in the black
State insurer Citizens accounted for 2/3 of market's underwriting profit improvement.   10 April 2024
London Market Group adds broking veteran from Howden to strengthen board
Insurance
London Market Group adds broking veteran from Howden to strengthen board
The appointee became CEO of Howden Specialty in October last year.   10 April 2024
Insurance
AXIS nabs Liberty Mutual talent to lead expansion into environmental liability
AXIS launches new environmental impairment liability insurance unit in Canada.   10 April 2024
Insurance
Arch Insurance appoints new head of accident & health
Dennis Matthews steps down from leading the team after eight years in the role.   10 April 2024
Insurance
CoreLogic revises Taiwan quake loss estimate to $1bn down from $8bn
The revised estimate now ranges between $0.5 billion and $1 billion..   10 April 2024
Insurance
US household auto policy inflation advances again, now at 22.2% y/y
Repair costs, the last sticky point in claims, resumed its double-digit inflationary path.   10 April 2024
Insurance
Alliant expands California footprint with commercial broker buy
The acquired firm works with many prominent insurance carriers in the region.   10 April 2024
Insurance
AXA backs launch of new construction-focused MGA led by ex-Munich Re veteran
UK market first, then global expansion, says new CEO on strategy.   9 April 2024
Reinsurance
Reinsurance capital hits decade high to $729bn; ‘exceptional’ profits in ’23
Reinsurers’ ROE comfortably exceeds the industry’s cost of capital, finds Gallagher Re.   9 April 2024

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