News

Insurance

BMS snares cyber broker from Howden to diversify and expand

Senior leader tasked with elevating its cyber offering to the next level.   20 March 2024

Risk Management

D&O priorities shift away from cyber, health and safety now top risk

Global broker’s survey shows mental health a ‘considerable concern’ within organisations.   20 March 2024

Insurance

State Farm speeds California retreat: kills a line, non-renews 72,000

Losses may have pushed California unit’s solvency up against intervention threshold.   22 March 2024

Reinsurance

Brit targets property treaty expansion in Bermuda with QBE hire

The hire has also held senior roles at both Swiss Re and Willis Re.   18 March 2024

Alternative Risk Transfer

AXIS lifts insider behind 144A cyber cat bond to head of ILS

He also previously held senior roles at JPMorgan, AIR Worldwide, and USAA.   21 March 2024

Reinsurance

Leadership shift at Gallagher Re to ignite growth in North America

The current CEO to transition to the role of chairman.   19 March 2024

Reinsurance

US flood programme NFIP bought $620m reinsurance at 1.1 for $121m

NFIP limit is now built over 2:1 on cat bonds more than traditional reinsurance.   15 March 2024

Reinsurance

CEA feels reinsurance rate relief, but must keep members on the hook

CEA will prep another revenue bond to maintain member contribution to funding tower.   15 March 2024

Insurance

Brindle-led MGU transforms to ‘The Fidelis Partnership’ for 2024 expansion

The MGU plans to strategically expand its underwriting footprint in 2024.   20 March 2024

Alternative Risk Transfer

Cat bonds can cruise to fresh record in ’24; can collateralised tag on?

Trending rollover rate will put cat bond issuance more than 2/3 the way to fresh record in 2024.   19 March 2024

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