News

Alternative Risk Transfer

Beazley closes $140m 144A cyber cat bond PoleStar Re

Beazley to scale its presence in the cyber insurance-linked securities (ILS) market.   2 January 2024

Reinsurance

Japan hit by 7.6M earthquake on west coast of main island

USGA sees 35% chance of economic losses in the single-digit billions; 15% of higher.   2 January 2024

Reinsurance

Reinsurance: a long-term view in APAC gaining ground

As climate change, geopolitics and inflation challenge the region, Kevin Bogardus of Everest Re says each APAC market must be assessed on its own merits.   24 December 2023

Insurance

Air Lease takes $65m for aircraft lost to Siberia Airlines

Air Lease trims claim to own insurers, but will still ‘vigorously pursue’ outstanding sums   22 December 2023

Insurance

Parametric solutions can spring from early successes into new lines

Watch for developments in management liability, financial lines, and cyber: AM Best.   22 December 2023

Insurance

Fitch warns Aon over debt leverage from NFP purchase

Major M&A deals bear ‘meaningful risks’ that could prolong the promised deleveraging.   22 December 2023

Insurance

California warns: carriers bending rules to ward off clients

Rising complaints point to ‘passive-aggressive tactics’ to restrict consumer access.   22 December 2023

Insurance

Hamilton plucks Tokio Marine Kiln vet for chief actuary in specialty

The new hire did 15 years at TMK, including as group head of reserving.   22 December 2023

Insurance

Aircraft lessor AerCap takes next $572m settlement for Russian aircraft

AerCap had first major deal on Aeroflot planes, now settles with two more airlines.   22 December 2023

Insurance

Ryan Specialty picks up European niche MGU stable in deal with Arch

The 13 MGUs run specialty offers in transactional liability, renewables, marine & more.   22 December 2023

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