News

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

Tokio Marine Kiln makes ‘bold’ moves in cyber expansion

‘Strategically significant’ hires include cyber & technology underwriters from Arch and AXA XL.   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

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

Insurance

SiriusPoint-backed MGA Banyan Risk mulls global expansion; hires ex-AIG, Chubb, Markel as CUO

Profitability is at the heart of the Bermuda-based MGA’s international growth strategy.   7 July 2023

Insurance

K2 taps Hanover leader with Allianz/CNA pedigree to build out US operations

K2 Financial has appointed a senior vice president and founder of its US operation.   7 July 2023

Insurance

Zurich partners with Qover to expand embedded insurance capabilities

The insurer is joining the insurtech’s Series C funding round.   7 July 2023

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