News

Reinsurance

SiriusPoint Q1 profit plummets despite strong start to 2024

CEO Egan highlighted ‘significant progress’ in reducing its debt.   2 May 2024

Reinsurance

Hamilton earns rating boost as strategy pays off in favourable market

CEO Albo hails ‘remarkable business transformation’ and improved underwriting.   2 May 2024

Insurance

Acrisure swoops for SME broker expanding Scottish footprint

Affinity was Acrisure’s first acquisition in Scotland in 2023.   2 May 2024

Reinsurance

Mini-cycles in rates are a new norm for reinsurers

That is according to the CEO of reinsurance at Sompo.   2 May 2024

Technology

Changing the game

AI offers the potential for insurers to know potential customers’ risks better than they know them themselves – and that’s good news for buyers, says General Re’s chief technology officer.   2 May 2024

Reinsurance

Back to balance: Reinsurance in 2024

After several years of bad losses, 2023 saw reinsurers begin to rebuild their capital. With third-party capital still slow to return to the market, 2024 sees a more balanced market, according to SCOR’s global property & casualty.   2 May 2024

Reinsurance

Making capital work in a changing market

Re/insurers decisions on making capital work for their businesses have profound impacts on the market, and the challenges are significant. But technology could help achieve better outcomes delegates at the Re/insurance USA Outlook hear.   2 May 2024

Alternative Risk Transfer

RenaissanceRe suffers continued ILS outflows Q1, despite strong 1.1

Collateralised Re vehicle Upsilon goes unnamed, but may account for 45% of record outflows.   1 May 2024

Reinsurance

SiriusPoint strikes $400m loss portfolio transfer deal with Enstar

Enstar CEO highlights company’s ‘outperformance’ in US workers’ compensation.   1 May 2024

Reinsurance

Everest grows property re pro-rata to capture strong primary metrics

‘Starting in the back half of last year, we saw terrific economics in the primary market.’   1 May 2024

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