News

Insurance

Gallagher snaps up Swiss business to expand fine art expertise

The acquired firm will join Gallagher’s existing Switzerland operations.   4 May 2023

Insurance

RenaissanceRe likes property cat, takes early jump to mid-year renewals

Pent-up demand for reinsurance is on the prowl now, but likely to spill over into 2024.   4 May 2023

News

‘Simpler and nimbler’ Swiss Re roars back to big profit despite ‘turbulent’ headwinds

Its P&C Re achieved 19% higher prices at the April renewals in the current hard market.   4 May 2023

Insurance

SiriusPoint secures seasoned Lloyd’s veteran and former Hiscox CEO Masojada to support business plan

He will support its ongoing transformation with a focus on ‘performance and value creation’.   4 May 2023

Alternative Risk Transfer

Hiscox can go wild at 1/6-1/7 renewals, but only for well-known cedents

Huge net reinsurance growth Q1 comes as Hiscox also covers for fleeing third-party capital.   4 May 2023

Insurance

Generali parts with German pension fund to improve earnings

The Italian insurer has reached an agreement with Frankfurter Leben.   4 May 2023

Insurance

Peak Re overhauls its stance with major book review amid 2022 loss

The group fought off retrocession clinch with rejigged cover in major portfolio derisking.   3 May 2023

Alternative Risk Transfer

RenRe swept up cash for cat bonds, but investors flee collateralised re

Cat bond fund Medici leads the ILS flow show; bleeding at Upsilon continues unabated.   3 May 2023

News

RenRe’s hard market tango: profits jump even as premiums slide

Underwriting gain rises 1.8x as cats come in low not only in Q1, but over past 5Y.   3 May 2023

Insurance

Novidea eyes international market with $50m series C funding

The insurtech plans to expand its teams, product suite and offices across all target markets.   3 May 2023

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