News

Insurance

Munich Re shakes up P&C underwriting leadership across Asia & Africa

Munich Re claims its Asia & Africa units have grown capacity for a ‘leaner on top’ stance.   18 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

Insurance

Aviva plans expansion in financial lines market

Insurer reveals a raft of new hires and financial lines expansion into Scotland.   12 April 2024

Insurance

Amwins attracts Beat’s Beckham to lead specialist MGA APU

Long-time president Ben Francavilla plans to retire.   16 April 2024

Insurance

Allstate Q1 nat cat tally tames to $731m versus prior year slaughter

March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024

Insurance

Long-tail casualty reserves upped in 2023, need more for ’24: AM Best

‘The numbers and the stories behind them indicate worsening reserve risk,’ say analysts.   16 April 2024

Insurance

MGA Rokstone takes Lloyd’s box to get closer to brokers

Says having a box at Lloyd’s reinforces its longevity in the market.   15 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

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

UK auto policy inflation at still-hearty 28% in March, well past claims

All major components of claims inflation have been in single-digit territory since mid-2022.   17 April 2024

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