News

Insurance

Howden beefs up European cyber leadership

The broker has appointed new regional cyber heads for Northern and Southern Europe and LatAm.   26 January 2024

Insurance

Aon appoints former Santander boss Álvarez to board

Álvarez served as group CEO of Santander from 2015 to 2022.   26 January 2024

Reinsurance

Hippo grows excess of loss reinsurance, cuts quota share at 1.1

Its CEO is confident in the profitability and predictability of underwriting results.   26 January 2024

Insurance

Marsh McLennan slows to 8% organic growth Q4 in risk & insurance

But margin expansion continues: adjusted operating margin rose to 27% in risk/insurance.   25 January 2024

Alternative Risk Transfer

MS Amlin sets milestone in Singapore with first-ever cat bond renewal, Phoenix Re 2

The renewal expands both local market and reinsurance capacity in a challenging risk landscape.   25 January 2024

Reinsurance

Africa Specialty Risks obtains ‘in principle’ approval for ASR Middle East

ASR to establish its presence with an office in the Dubai International Financial Centre (DIFC).   25 January 2024

Reinsurance

Conduit zeroes in on property & specialty at 1.1 for 38% book growth

Conduit cuts casualty by 10% to a mere 17% of book and still says loss ratio vulnerable.   25 January 2024

Insurance

WR Berkley can ride specialty & property to meet or beat Q4 growth rate

Reinsurers may yet force discipline in casualty, though select lines seem ‘treacherous’.   25 January 2024

Reinsurance

Florida may tap markets for $1.5bn to bolster depleted cat fund

The net position of the hurricane cat fund (FHCF) had fallen 75% after Hurricane Ian.   25 January 2024

Insurance

AXIS ups prior year reserves by $425 million

The move covers reserve developments in 2019 and older accident years.   24 January 2024

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