News

Reinsurance

Hannover Re grows book 6.9% at 1.1, leans XoL to help 2.3% price gain

Hannover grows in XoL at twice the rate of QS, cyber leads cut in American proportional.   7 February 2024

Alternative Risk Transfer

SCOR ups third-party capital, finds new investors for more deals

Additional funds from existing investors includes forays into non-cat lines.   7 February 2024

Reinsurance

Hannover Re writes major P&C reserves in Q4, defends bottom line

Resiliency reserve likely went ‘significantly higher’ than the €1.7bn year-end target.   7 February 2024

Insurance

Tokio Marine TMHCCI oboards marine talent from Marsh-owned MGA Lavaretus

The insurer says the MGA has a ‘profitable book and discerning risk appetite’.   7 February 2024

Reinsurance

SCOR optimistic for April renewals, aims for growth: Conoscente

SCOR sees ‘positive price movement’ at 4.1 albeit amid pressure from benign loss history.   7 February 2024

Alternative Risk Transfer

Bermuda next for DeNexus to target cyber risk transfer market

The ILS and reinsurance cyber modeler has received ‘significant investment’.   7 February 2024

Risk Management

Marsh beefs up European risk management leadership with key appointments

Broker taps experts to develop new solutions for the international captive insurance sector.   7 February 2024

Insurance

‘Newly focussed’ RSA snares Direct Line commercial lines leader for growth drive

Lee Mooney will leave the business.   7 February 2024

Insurance

Canopius mines Coverys to lead medical professional liability

Veteran health underwriter to help grow its market share in this area.   7 February 2024

Reinsurance

SCOR will trim more US casualty on fear of double-digit claims inflation

Cedants push hard on rate, but SCOR says profitability will ‘continue to deteriorate’.   6 February 2024

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