News

Alternative Risk Transfer

Cat bond funds distance May correction, add ca. 1.5% in July

A key cat bond fund index is now 6.35% up YTD and 26% above post-Ian lows.   12 August 2024

Technology

Aventum to develop AI underwriting assistant to push boundaries

The assistant is designed to triage submissions & identify risk appetite.   12 August 2024

Technology

Hiscox harnesses AI to automate terrorism & sabotage underwriting

Model assess risk using Google Cloud's large language model.   12 August 2024

Reinsurance

P&C Re market sentiment should hold given challenges: Hannover Re

Heavy volume growth at mid-year renewals gave Hannover Re a boost to book diversification.   12 August 2024

Reinsurance

Hannover Re promotes ex-SCOR deputy CEO to board as 14-year exec departs

New board member played ‘pivotal role’ in developing its Asian health reinsurance.   12 August 2024

Insurance

Canopius profits soar over 50% in H1 2024, underwriting margin slips

CEO Robertson bullish on profitable growth and balance sheet, backed by prudent reserving.   12 August 2024

Insurance

Howden acquires UK life & health broker in employee benefits expansion

The deal follows the recent purchase of a French employee benefits provider.   12 August 2024

Insurance

Rokstone builds out actuarial & underwriting offerings with dual-hire

The senior executives boast pedigree from Markel & WTW respectively.   12 August 2024

Reinsurance

Allianz & Fortegra form reinsurance panel for US housing insurtech

The partnership will allow the two to provide reinsurance for Jetty’s core offerings.   12 August 2024

Reinsurance

Hannover Re claims 16% Q2 revenue growth in P&C, tightens margins

Large losses are down, but Hannover Re warns on rising frequency of secondary perils.   12 August 2024

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