News

Insurance

Swiss Re reveals ‘preferred’ successor to outgoing chair Ermotti

Emphasis on a ‘nimbler’ and ‘simplified’ organisation, highlights new chair.   12 July 2023

Insurance

Steve Hearn to replace Bronek Masojada as PPL chair after Ardonagh exit

He aims to create a market that will be ‘better, faster and cheaper’.   11 July 2023

Insurance

Ardonagh’s Inver Re launches Bermuda SAC, collateralised reinsurance vehicle

It will enable the group to offer segregated accounts, or ‘captive cells’.   11 July 2023

Insurance

Florida’s Citizens puts reinsurance to $5.4bn at ‘significant’ price hike

Total risk-adjusted price increase for 2023 placements hit 25%, gross ROL at 12.7%.   11 July 2023

Insurance

Insurance evolution: ‘tangible steps’ on risk prevention ramping up

Re/insurers have always wanted to take a more preventive stance, and now there is concrete movement towards that ambition, says Swiss Re’s Arquint.   11 July 2023

Insurance

Global insurance growth may pick up to 1.7% in ‘24: Swiss Re Institute

The inflation whip: playing catch-up can drive top-line; later disinflation can drive margin.   10 July 2023

Insurance

Marco Capital acquires former Credit Suisse ILS vehicle

It is being acquired by Humboldt Re, Marco’s Guernsey subsidiary.   10 July 2023

Insurance

Skyline taps ex-Aon/Miller/Swiss Re speciality risk expert

The executive was most recently head of corporate development at Miller.   7 July 2023

Insurance

Howden, Pernix partner to power structured credit APIs

Howden CAP has previously partnered with Allianz Trade, AXA, Coface and Mosaic.   7 July 2023

Insurance

IAG trims more XoL covers at mid-year renewal, rounds out quota share

After cuts to main cover at 1/1, limits & retentions rejigged on aggregate and late-event.   7 July 2023

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