News

Insurance

McGill rehires former structured solutions head after brief stint at Vesttoo

The executive rejoins company to develop ‘key strategic initiatives’.   4 June 2024

Risk Management

Airmic Excellence Awards 2024 launched

This year marks the first time nominations are open to Airmic partners & members.   4 June 2024

Insurance

Cyber insurance market must get ready for cyber attacks, says Marsh

With 84% of large businesses having reportedly suffered a cyber attack in 2023, the question has changed from ‘if’ to ‘when’ an attack occurs.   4 June 2024

Reinsurance

AXIS Re diversification: remediated book leaves open fields for growth

See agriculture, credit & surety, cyber, marine, structured credit, political risk and more.   4 June 2024

Insurance

Lockton swoops on Descartes for head of parametric UK & Europe

Appointee previously held roles at AXA, Arista Insurance and Allianz.   4 June 2024

Insurance

Howden, Allianz ink insurance deal with Saudi EXIM bank to boost non-oil exports

Allianz Trade to provide credit and political risk insurance to international exporters and banks.   4 June 2024

Reinsurance

Reinsurer extreme event PML growth slows in ’24; focus on wind: Moody’s

Munich Re has led the growth in PML/equity, with strong moves on US and European wind.   3 June 2024

Reinsurance

White Bear MGA and Blenheim attract ex-Fidelis ceded reinsurance head

White Bear looks to expand its two underwriting businesses.   3 June 2024

Insurance

Florida reforms slash insurance carrier defence costs in 2023

Defence & containment costs fell 53% y/y for Florida-focussed carriers after 2022 reforms.   3 June 2024

Alternative Risk Transfer

SCOR returns with $175m Atlas Capital cat bond, ‘very pleased with efficiency gains made’

SCOR reused its Irish vehicle for a second year; says it benefited from ‘high investor demand’.   31 May 2024

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