News

Reinsurance

Palomar ups limit, trims retentions, adds ILS for 6.1 renewal

ILS proved heavy in the earthquake tower on $420m of new cat bond and $895m lingering deals.   29 May 2024

Insurance

Ex-Swiss Re leader appears at hyperexponential after brief stint at Sompo to lead US launch

The UK insurtech is foraying into the US market and launching an ambitious hiring plan.   29 May 2024

Insurance

Sompo builds 3Y plan with eye to shift into softening markets

‘I believe we are entering a softening market,’ James Shea said of a 2026 margin target.   29 May 2024

Insurance

Cyber insurance market: what’s worrying insurers?

For the second year running, the US cyber insurance market has generated strong direct underwriting profits, but written premium volume has stalled amid renewed pricing pressure, according to industry reports.   20 May 2024

Reinsurance

Slide locks in $1.86bn Atlantic hurricane season reinsurance

The programme covers all perils, third event-risks over 175-year protection.   24 May 2024

Insurance

Delegated authority ups premium share again in ’23, warrant oversight

It’s fraught with outsourcing danger: even affiliated programmes cause ca. 1/3 of impairments.   23 May 2024

Technology

Concirrus enlists ex-Chubb/Mastercard exec for tech innovation boost

Director of product strategy to help accelerate data-driven decisions.   21 May 2024

Risk Management

More visibility needed across cyber portfolio, says Kynd survey

Big plans in the pipeline to expand cyber expertise.   20 May 2024

Insurance

Conduit bullish on growth after Q1 spurt, cites ‘historically favourable’ rates

The reinsurer’s GWP jumps nearly 30%; is seeing good opportunities for selective growth.   15 May 2024

Insurance

Fairfax, Allied World outlooks turns positive on strong performance

Positive shift due to improved underwriting earnings, cash flow, and stability.   10 May 2024

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