News

Insurance

New CEO at Chaucer ushers in fresh c-suite line-up on day one

The Aspen and Axis Re vet tapped Chaucer insiders, advancing modelling & risk gurus.   17 April 2024

Insurance

The deal must go on: Fleming forced into JRG RE buy from James River

Fleming had last said it was mounting a full scale appeal to the forced purchase.   17 April 2024

Insurance

Q1 insured nat cat losses hit $20bn, convective storms dominate again

Harsh hurricane outlook ‘bears close watching’ on what is still ‘a difficult US market.’   17 April 2024

Alternative Risk Transfer

SageSure MGU closes consecutive cat bond deal for Gateway Re at $130m

The deal brings the SageSure-supported cat bond tally via Gateway Re to $1.16bn.   17 April 2024

Insurance

Howden’s DUAL powers up European expansion with Swiss Re marine acquisition

DUAL secures capacity from Swiss Re to continue to write marine business.   16 April 2024

Reinsurance

Aspen and PIMCO launch casualty-focused reinsurer Pando Re

Pando Re to help drive growth of third-party capital and fee income for Aspen.   16 April 2024

Insurance

MS Reinsurance targets EMEA P&C expansion with AXIS Re senior leader

The executive to head up its Europe, Middle East and African property and casualty business.   16 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

Alternative Risk Transfer

Hannover Re launches $13.75m parametric cat bond for cloud outage risk

Cumulus Re is the first-ever cat bond to cover losses arising from sustained cloud outage.   15 April 2024

Reinsurance

Bermuda regulator urges re/insurer to report on Baltimore bridge exposure

The estimates should include property, liability & contingent business interruption losses.   15 April 2024

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