News

Insurance

RenRe to acquire AIG’s Validus Re for $3bn, create top-tier global P&C reinsurer

The deal has been approved by RenRe’s board and does not require shareholder approval.   23 May 2023

Insurance

Consilium launches new unit to target ‘hotbed’ of opportunities

The broker has formed a cyber, tech and fintech division.   22 May 2023

Alternative Risk Transfer

Cat bonds should hold March momentum to mop up mass maturities: Aon

Amid $4.4bn in cat bonds coming due in Q2, new issuance pipeline looks ‘extremely robust.’   22 May 2023

Insurance

Guy Carpenter signals ambitious plans for European business

The reinsurance broker has unveiled a string of senior appointments and hires from Hannover Re and SiriusPoint.   22 May 2023

Insurance

Compre’s Pallas Re inks ‘attractive’ LPT deal with SUNZ Insurance

The deal is underwritten by Compre’s class 3B reinsurer Pallas Re.   22 May 2023

Insurance

Aspen swoops for ex-Tokio Marine/Swiss Re Asian treaty market veteran

The recruit has more than 23 years’ experience of the Asian re/insurance industry.   22 May 2023

Insurance

Tokio Marine’s international units set to stall on premiums, soar on profit

Underlying earnings at int’l units should deliver half of Tokio’s expected 10% profit gain.   19 May 2023

Insurance

BMS Re powers international expansion with Latin America focus

A new CEO has been appointed after the recent acquisition of a Mexican broker.   19 May 2023

Insurance

Sompo continues to lean on foreign ops for group profit boost in 2023

Sompo International delivered 10% GPW boost in 2022, but watched AgriSompo margins slide.   19 May 2023

Insurance

Heritage places 2023-2024 cat XoL reinsurance at $420.5m

The P&C insurer’s CEO expects rates to continue to increase.   19 May 2023

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