News

Reinsurance

Austral Re profit jumps despite nat cat hit

The company’s gross written premium in the first half increased 13%.   19 August 2024

Reinsurance

CEA adds limit at minor mid-year reinsurance renewals, takes $306m

The programme continues to look costly: cession rates at mid-year are up 17 pps y/y.   20 August 2024

Reinsurance

European big four ‘well-placed’ to weather tough 2025/26 market conditions: Fitch

Analysts expect reinsurance pricing cycle and reinsurers’ margins will peak in 2024.   29 August 2024

Insurance

A family reunion: Masojada returns as City of London Sheriff

His visit comes as the City Corporation announces its intention to explore hosting an Inaugural Global Risk Summit in May 2025.   11 September 2024

Reinsurance

US and Bermuda reinsurers enjoyed a robust 2023

According to AM Best analysis of a composite of US and Bermuda reinsurers.   9 September 2024

Reinsurance

RGA inks $3.5bn coinsurance deal with American National

American National’s reserves will be transferred to RGA subsidiaries.   27 August 2024

Reinsurance

Aspen helps Coalition launch new reinsurer

Coalition Re will provide capacity for non-proportional cyber reinsurance treaties.   10 September 2024

Insurance

NormanMax taps Swiss Re, Topsail execs for leadership expansion

The hires also boast pedigree from Arch Reinsurance and Allianz Commercial.   19 August 2024

Insurance

Syndicates must take responsibility for own actions and be disciplined: Lloyd’s CUO Turk

Syndicates have the information, Lloyd’s Corporation should not need to step in.   11 September 2024

Insurance

Aggregation risk makes carriers cautious in growing cyber market

More than 300 carriers are now writing cyber business and enjoying the growth it is delivering. But aggregation threats make many carriers cautious of overcommitting.   7 September 2024

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