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Munich Re-backed parametric policy covers partial payout triggered by Beryl in Jamaica
Alternative Risk Transfer
Those covered under ILW and loss-index-driven cat bonds must wait to learn if their coverage will kick in.   3 September 2024
Global insured annual average nat cat losses reach ‘new high’ of $151bn: Verisk
Insurance
Severe storms, wildfires, and floods account for over 75% of the losses.   3 September 2024
Dale Underwriting enters international professional indemnity market
Insurance
The business eyes new opportunities to diversify and grow into long tail international business.   3 September 2024
Insurance
The move follows its trade credit expansion in the DACH region.   3 September 2024
Insurance
A ‘proven expert in industrial insurance’ to help expand business in Germany.   3 September 2024
Reinsurance
New hires come from Canopius, Aon, Arch, Hiscox, and Gallagher Re.   3 September 2024
Technology
Microsoft hails ‘significant milestone’ in longstanding partnership with Swiss Re.   3 September 2024
Reinsurance
AM Best signals ongoing improvements in reinsurance programme and credit quality of supporting markets.   3 September 2024
Insurance
Acquired MGA to enhance SRG’s retail, wholesale & underwriting pillars.   3 September 2024
Alternative Risk Transfer
ILS market saw a ‘year of records’ with a nearly 18% increase in market share.   2 September 2024

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