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Hannover Re launches $13.75m parametric cat bond for cloud outage risk
Alternative Risk Transfer
Cumulus Re is the first-ever cat bond to cover losses arising from sustained cloud outage.   15 April 2024
WR Berkley adds Q1 margin on ca. 11% top line growth
Insurance
Berkley moved heavy into short-tail in primary insurance plus a big gain in property re.   23 April 2024
American Coastal returns to cat bonds after 10-year break, places $200m
Alternative Risk Transfer
The carrier worked via Armor Re, marshalled for issuance of the United Insurance group.   19 April 2024
Insurance
Fleming had last said it was mounting a full scale appeal to the forced purchase.   17 April 2024
Alternative Risk Transfer
The deal brings the SageSure-supported cat bond tally via Gateway Re to $1.16bn.   17 April 2024
Insurance
DUAL secures capacity from Swiss Re to continue to write marine business.   16 April 2024
Insurance
Emirates leads the list with nearly 70% of the 190 aircraft on the ground at its home hub.   22 April 2024
Insurance
Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024
Reinsurance
Pando Re to help drive growth of third-party capital and fee income for Aspen.   16 April 2024
Insurance
‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

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