News

Insurance

Marsh McLennan grows 9% in re/insurance broking lines, ups margin

Reinsurance broker Guy Carpenter laid claim to $1.1bn in Q1 revenue, up 7% y/y.   18 April 2024

Insurance

Munich Re shakes up P&C underwriting leadership across Asia & Africa

Munich Re claims its Asia & Africa units have grown capacity for a ‘leaner on top’ stance.   18 April 2024

Insurance

Japanese earthquake at 6.4 hits southern islands

Six aftershocks followed within the first 45 minutes after the initial hit, starting at 5.0.   18 April 2024

Alternative Risk Transfer

Mexico taps cat bond market, takes $420m for 4Y across 3 key perils

ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal.   18 April 2024

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   17 April 2024

Insurance

New CEO at Chaucer ushers in fresh c-suite line-up on day one

The Aspen and Axis Re vet tapped Chaucer insiders, advancing modelling & risk gurus.   17 April 2024

Insurance

Q1 insured nat cat losses hit $20bn, convective storms dominate again

Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024

Insurance

Howden’s DUAL powers up European expansion with Swiss Re marine acquisition

DUAL secures capacity from Swiss Re to continue to write marine business.   16 April 2024

Reinsurance

Aspen and PIMCO launch casualty-focused reinsurer Pando Re

Pando Re to help drive growth of third-party capital and fee income for Aspen.   16 April 2024

Insurance

MS Reinsurance targets EMEA P&C expansion with AXIS Re senior leader

The executive to head up its Europe, Middle East and African property and casualty business.   16 April 2024

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