News

Reinsurance

Allianz and MGA Rokstone launch $10m global marine cargo facility

New facility will allow MGA to write direct and reinsurance cargo business from London.   13 May 2024

Reinsurance

Hannover Re ups Q1 margin for 4.3 pt CoR gain, fends off early optimism

Underlying margin may be stronger, but unknowns – including bridge loss - crowd the outlook.   14 May 2024

Insurance

Everest spreads wings to Australia, eyes major expansion in Asia Pacific

The move is part of its international expansion strategy.   14 May 2024

Alternative Risk Transfer

Aon unveils ‘first-of-its-kind’ ESG risk transfer solution

It provides cover for key risk exposures associated with Carbon Capture and Storage (CCS).   14 May 2024

Reinsurance

Munich Re can’t suppress the enthusiasm on Q1 earnings beat

FY2024 earnings forecasts are now running as much as 30% above management guidance.   13 May 2024

Insurance

Florida Citizens seeks $750m budget allowance for mid-year renewals

Tower structure to $17.3bn PML target remains a match to outlines last reviewed in April.   14 May 2024

Reinsurance

Reinsurance pricing may be at stable plateau, not a peak: Munich Re

Market appears disciplined on T&C, Munich Re appetite for looser deals is ‘absolutely zero’.   8 May 2024

Alternative Risk Transfer

Cat bond funds end unprecedented run; edge down early May

The USD cat bond fund marker had risen 23% during 73 weeks of uninterrupted gains.   13 May 2024

Reinsurance

Munich Re grows P&C reinsurance book 6.1% at 4.1; mid-year still ripe

Pricing edged down fractionally overall, kept pace with loss trend ‘for the most part.’   8 May 2024

Insurance

QIC profit surges on turnaround; predicts ‘softer’ market ahead

The results benefited from strong growth in domestic and MENA markets.   9 May 2024

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