News

Insurance

Aegis raids AIG to rebuild cyber offer after eight-year hiatus

Cyber has ‘matured’ and ‘learned some hard lessons’ since the firm’s last cyber foray.   18 April 2024

Reinsurance

Insurers won’t rebuild reinsurance as market calms in ’24, survey says

Higher program retentions likely upped nat cat risk 10% for small to medium sized events.   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

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

DARAG buys major UK employer liability captive book

DARAG claims ‘a number of other attractive opportunities’ for M&A in advanced stage.   19 April 2024

Reinsurance

Reinsurers show enough cat appetite to clear mid-year Florida renewals

Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024

Insurance

Middle East flooding bears 3-digit million cost, mild insurance bill

A week of severe storms and rain also hit the central and northeast US hard.   19 April 2024

Insurance

WTW snares global head of claims from Aon

New leadership hire to bolster its risk and broking strategy.   16 April 2024

Insurance

AXIS underwriting head retires, sparks series of promotions

He was CUO of AXIS Managing Agency and underwriting head for Global Markets.   12 April 2024

Insurance

Allianz Commercial taps insider for global marine leadership role

The new marine chief brags a pedigree from Allianz, Chubb, Aspen and Tokio Marine.   17 April 2024

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