News

Reinsurance

Mini-cycles in rates are a new norm for reinsurers

That is according to the CEO of reinsurance at Sompo.   2 May 2024

Reinsurance

SiriusPoint Q1 profit plummets despite strong start to 2024

CEO Egan highlighted ‘significant progress’ in reducing its debt.   2 May 2024

Reinsurance

Hamilton earns rating boost as strategy pays off in favourable market

CEO Albo hails ‘remarkable business transformation’ and improved underwriting.   2 May 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Arch lifts 10 year veteran to top claims role

Appointee will lead the claims function and strategy for London Market, UK, Australia and EU.   1 May 2024

Reinsurance

Everest grows property re pro-rata to capture strong primary metrics

‘Starting in the back half of last year, we saw terrific economics in the primary market.’   1 May 2024

Insurance

UK non-life insurance outlook hiked to stable as inflation tames

Personal lines have turned the corner on pricing; commercial & specialty ‘remain favourable’.   3 May 2024

Reinsurance

Florida property cat can’t help but be well priced at mid-year: Arch

Inflation and storm outlook are near-term supportive, slow reform impact can aid for years.   1 May 2024

Reinsurance

SiriusPoint strikes $400m loss portfolio transfer deal with Enstar

Enstar CEO highlights company’s ‘outperformance’ in US workers’ compensation.   1 May 2024

Reinsurance

MNK Re targets expansion in surety market with Gallagher swoop

It has hired a surety broker with over 30 years of experience in the market.   2 May 2024

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