News

Insurance

Brookfield Reinsurance to buy Argo in $1.1bn deal

CEO Thomas Bradley says the deal is the ‘best path forward’ for Argo.   8 February 2023

Insurance

French govt to sell controlling stake in CCR Re valuing reinsurer at €1bn

CCR Group has entered an exclusivity agreement with two mutual insurers.   8 February 2023

Insurance

Grain corridor style solution ‘possible’ for war-trapped vessels, says IUMI

Figures on war premiums ‘not easy to flush out’   8 February 2023

Insurance

Hannover Re likes growth in 2023, eyes nat cat and steady fac flow

A boost to nat cat retro can both plug gaps after 2022 growth, open new doors in 2023.   8 February 2023

Insurance

War exclusions: cyber attack attribution problematic for SMEs

Passionate debate on cyber war clauses raises more questions.   8 February 2023

Insurance

Hannover Re ups nat cat retro at 1.1, including major haul in ILS

Inflows to K-Cession ILS rise 85% from prior-year placement; new cyber cover secured.   8 February 2023

Insurance

IUMI: latest sanctions bring more pain for marine insurers

Fresh ban on Russia’s diesel adds to complexity of ‘polycrisis’.   8 February 2023

Insurance

Newly formed Specialty MGA UK snaps up ForestRe

ForestRe specialises in commercial forestry risk and insurance.   8 February 2023

Insurance

Beazley picks former Phoenix CEO as new chairman

He was also CEO of HSBC Private Banking & group managing director of insurance.   8 February 2023

Insurance

Hannover Re used 1.1 for ‘portfolio steering’; leaves 14% unrenewed

Big move into excess of loss with premium volume up 21% at expense of quota share.   8 February 2023

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