News

Alternative Risk Transfer

SCOR ups third-party capital, finds new investors for more deals

Additional funds from existing investors includes forays into non-cat lines.   7 February 2024

Reinsurance

Hannover Re writes major P&C reserves in Q4, defends bottom line

Resiliency reserve likely went ‘significantly higher’ than the €1.7bn year-end target.   7 February 2024

Reinsurance

SCOR optimistic for April renewals, aims for growth: Conoscente

SCOR sees ‘positive price movement’ at 4.1 albeit amid pressure from benign loss history.   7 February 2024

Alternative Risk Transfer

Bermuda next for DeNexus to target cyber risk transfer market

The ILS and reinsurance cyber modeler has received ‘significant investment’.   7 February 2024

Insurance

Canopius mines Coverys to lead medical professional liability

Veteran health underwriter to help grow its market share in this area.   7 February 2024

Reinsurance

SCOR will trim more US casualty on fear of double-digit claims inflation

Cedants push hard on rate, but SCOR says profitability will ‘continue to deteriorate’.   6 February 2024

Insurance

Howden delivers double-digit organic growth; hails strategic M&A

CEO praises ‘exceptional financial performance’ in just three years.   6 February 2024

Insurance

Howden powers up top leadership with ‘growth COO’ from London Stock Exchange

COO with WTW, RBS, UBS, JPMorgan pedigree to drive Howden’s ambitious growth plans.   6 February 2024

Reinsurance

SCOR grows 13.6% at 1.1, ends-around core P&C for margin gain

Alternative solutions provides 71% of y/y growth; core P&C flat, specialty cherry-picked.   6 February 2024

Reinsurance

Organic growth catapults CCR Re to ~€840m in premiums at 1.1 renewals

The French carrier claims more than half of the growth was organic.   6 February 2024

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