News

Reinsurance

Peak Re sets up new unit to drive customised reinsurance solutions

The reinsurer has strategically expanded its structured solutions team amid growing demand.   12 April 2024

Insurance

Airlines had $8bn in aircraft assets at-risk in Dubai airport flooding

Emirates leads the list with nearly 70% of the 190 aircraft on the ground at its home hub.   22 April 2024

Reinsurance

Mumenthaler claims exit at peak, 2023 market reset tipped the scales

Current market conditions look ‘attractive’ with positive outlook despite risk landscape.   15 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

Insurance

Markel snags HDFC ERGO talent to head Indian underwriting operations

The appointee has 20 years’ experience and is expected to enhance growth in Asia.   19 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Reinsurance

Andreas Berger will hit the road as CEO to vow Swiss Re can hold course

A global round with manifold stakeholders will kick-off Swiss Re’s Berger era.   12 April 2024

Insurance

General liability takes rate, but not at pace with legal threats: AM Best

The segment should perform ‘strongly’ in ’24, but can’t escape negative outlook.   11 April 2024

Insurance

Nearly 1 in 4 Lloyd’s syndicates beat 80% CoR; even start-ups hit profit

The top 10 had an avg. CoR of 64%; big winners: Beazley, QBE, Chaucer, Nephila & more.   16 April 2024

Reinsurance

Barbados-based reinsurer Active Re names new chief operating officer

The appointee has spent more than 15 years in the reinsurance market.   11 April 2024

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