News

Reinsurance

Mapfre Re beefs up leadership in ‘crucial’ Asian market

Appointment aims to deepen its presence in Japan.   10 July 2024

Insurance

Beryl to inflict $4.5bn in US damages, primary insurers bear most: Moody’s

Wind drives majority of US private market insured losses from Beryl.   16 July 2024

Reinsurance

Liberty Mutual Re launches Australian business with 15+ years Aon veteran

LM Re Australia replaces ARUS MGA that previously managed its business written through Lloyd’s.   18 July 2024

Insurance

Renewable energy insurer launches $100m Lloyd’s consortium

Backed by six Lloyd’s syndicates, it will provide capacity for battery energy storage system (BESS).   16 July 2024

Reinsurance

Calmer renewals in ’24 charged both supply & demand sides: Guy Carpenter

Some 2/3 of Guy Carpenter’s carrier clients increased property cat limit in 2024 renewals.   18 July 2024

Insurance

US workers’ comp should stem softening as threats near: Swiss Re

Plentiful reserve releases have masked a soft-market move to CAY underwriting losses.   15 July 2024

Insurance

Wholesale property insurance slips to single digit pricing gains: CRC

Carriers said to be ‘aggressively pursuing’ growth as confidence builds.   18 July 2024

Insurance

Tokio Marine Kiln launches political risk insurance for carbon credit projects with Kita

Political uncertainty in the carbon markets is holding back financing of high-quality projects, it says.   15 July 2024

Insurance

Allstate escapes Q2 on 22% decline in cat loss despite record May hit

June topped off the Q2 tally with a gross hit of $274 million from 18 hail & wind events.   19 July 2024

Insurance

Enstar elevates M&A head to top European position

The re/insurer has appointed a new European CEO and M&A leader.   18 July 2024

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