News

Reinsurance

Reinsurance ‘intensive’ for cat-prone Latin America

From hurricanes to droughts and the ‘fire belt’, the scale of cat exposure in LatAm creates intense demand for cat and operational reinsurance, says Eduardo Recinos Schonborn at Fitch Ratings.   1 March 2024

Insurance

How realistic are insurance growth prospects in Latin America?

Eduardo Recinos Schonborn at Fitch Ratings compares insurance penetration, risk exposure and multiple economic factors to identify true growth opportunity in the region.   1 March 2024

Insurance

Ageas eyes Direct Line in bid for European non-life, quickly rebuffed

Shares closed less than half the gap to the bid, signaling low faith a deal can be cut.   29 February 2024

Insurance

Sompo adds C-suite pay cuts in ongoing response to auto claims fraud

Five group level C-suite officials will surrender 20-50% of pay across 3 to 6M periods.   29 February 2024

Alternative Risk Transfer

Potential for risk diversification in cyber ILS and cat bond market: CyberCube

Innovative cyber risk transfer strategies to arise as market matures, it says.   29 February 2024

Insurance

Howden secures second Irish market acquisition in under a month

The firm aims to establish itself as a local broker in Ireland.   29 February 2024

Insurance

AerCap trims claims after recoveries, still sees ca. $2bn down every path

Two alternative claims to its own C&P carriers & a move on carrier reinsurers still in play.   29 February 2024

Insurance

Europe ‘ripe’ for MGA/MGU model given innovation gap & consolidation

MGU model may bring ‘quick materialisation’ of productivity gains plus and innovation boom.   29 February 2024

Reinsurance

Africa Specialty in landmark parametric deal with top European reinsurer

The agreement will double Africa Specialty Risks’ parametric capability.   29 February 2024

Reinsurance

New MGA launches in Cayman Islands

It is led by a former Aon and Artex Risk Solutions executive.   29 February 2024

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