News

Risk Management

Hurricane Otis: the end of LatAm’s nat cat calm

Re/insurers in the region saw their four-year nat cat hiatus shattered in October, just as political turbulence looms—with 2024 marked out as a year of elections, says AM Best.   1 March 2024

Insurance

Lemonade will double growth spend in ’24 to regain target run rate

AI’s power to improve loss & expense ratios will ‘more than offset’ added growth spend.   28 February 2024

Insurance

Specialty aviation draws capacity, but can’t soften all lines

Airline covers are hording the benefits of new capacity; hull war & AVN52 a mixed bag.   27 February 2024

Insurance

Fidelis outlook raised to ‘stable’ by AM Best on MGU synergy

The ratings agency said it is satisfied with the strength of the relationship with MGU.   26 February 2024

Reinsurance

Everton buyer’s reinsurance arm hit with rating downgrade

777 Re suffers second downgrade on ‘material decline’ in capital ratio.   19 February 2024

article

Mosaic launches $25m blended insurance for investment managers

It combines PI, investment management, D&O, crime, and cyber coverages.   22 February 2024

Alternative Risk Transfer

Florida’s Tower Hill secures Winston Re cat bonds at $400m

22 February 2024

Risk Management

Europe tops political risks in global ‘electoral supercycle’ - Verisk

Europe is the worst performing region on Maplecroft’s Q1 2024 political change meter.   21 February 2024

Reinsurance

Conduit Re leaps to first major profit, retains upstart growth pace

Underwriting earnings rose 18x; nat cat dearth plus new T&C left loss register clean.   21 February 2024

Insurance

Fairfax CEO touts historic year amid asset manipulation accusations

Prem Watsa declares 2023 as ‘best year in our history’ as P&C re/insurance profit jumps.   16 February 2024

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