News

Reinsurance

Howden boosting the adoption of cat bonds

Cat bonds have become a cornerstone of many reinsurance programmes in 2024.   8 October 2024

Insurance

APCIA role in policy advocacy, regulatory change key to industry health

The CEO of Alps Property & Casualty Insurance Company is APCIA’s new chair-elect.   8 October 2024

Insurance

Demand for cyber insurance to grow after high-profile attacks

Beazley sees 18% yoy growth for cyber cover in 2024–2030; others also see rising demand.   8 October 2024

Insurance

Mutuals turn to surplus notes as a replacement for reinsurance

Surplus notes used by smaller mutuals to replace pricey quota share reinsurance.   8 October 2024

Insurance

Poor performance of US homeowners line of business continues: Aon

The potential ROE for carriers has decreased by 100 basis points in the past 12 months.   8 October 2024

Insurance

MGAs outperform the wider market on many casualty lines: BMS

Many MGSs are so focused they are better aware of claims trends occurring in their space.   8 October 2024

Insurance

Work is needed on SCS models, says Aon

Demographics and housing development outweigh any evolution in weather patterns.   8 October 2024

Insurance

Casualty negotiations to be tense in run up to 1/1: Fitch

Supply and demand will determine results, but some may be unhappy with the outcome.   8 October 2024

Insurance

APCIA backs act to tackle third party litigation funding

The Litigation Transparency Act 2024 calls for disclosure of third party funding.   8 October 2024

Insurance

Third party litigation funding is a challenge for more than just insurers

The APCIA conference held a panel discussion examining third party litigation funding.   8 October 2024

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