News

Insurance

The challenges of EV-specific insurance

In a rapidly growing and evolving market, are re/insurers ready to create much needed EV-specific risk cover, asks Luigi Di Lillo of Swiss Re.   22 March 2023

Insurance

Ardonagh’s Ed Broking marine managing director departs for Acrisure Re

The executive joins Acrisure Re as new head of marine and space.   21 March 2023

Insurance

European insurers clear of Credit Suisse’s worst, ankle-deep elsewhere

Only Aegon, Zurich and Allianz managed to break the million mark for the Credit Suisse AT1.   21 March 2023

Insurance

SCOR at Lloyd’s attracts ‘top talent’ from Allianz, Chubb and Fidelis to expand

SCOR Syndicate delivers strong results with 15% GWP increase, 90.1% combined ratio in ‘22.   21 March 2023

Alternative Risk Transfer

Cat bonds down to $34.5bn, top avenue for ILS growth restart: AM Best

ILS capacity may stretch to $98.5bn, but ILWs, collateralised deals & sidecars shackled.   20 March 2023

Insurance

Chile secures $630m earthquake insurance deal with World Bank

Aon, Guy Carpenter and Swiss Re Capital Markets acted as joint structuring agent.   20 March 2023

Alternative Risk Transfer

Florida’s Citizens pads ILS arsenal for leveraged power, up to $500m due

Citizens moves to industry-loss trigger to leverage all accounts ahead of legal merger   20 March 2023

Insurance

McGill lures Willis-Gallagher Re leader to expand treaty reinsurance business

The senior hire adds liability and motor to its treaty reinsurance offering.   20 March 2023

Insurance

Reinsurance broking veteran Horace Mann (Jay) Johnson passes at 78

He created Axiom Re which grew to be the sixth largest reinsurance broker in the US.   20 March 2023

Insurance

AXIS taps ex-AIG/QBE talent for global ceded reinsurance leadership

The key appointment aims to help advance AXIS’ ceded reinsurance strategic priorities.   17 March 2023

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