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Australia’s Suncorp slashed reinsurance in bid to mitigate hard market.
Insurance
Suncorp axed aggregate XoL cover, cut limit and hiked retentions, but still pays more.   4 July 2023
Retro clears at 1/7 as buyers adjust needs, sellers take higher layers
Insurance
Capacity came on strong wherever reinsurers sought the coveted single-peril deals.   4 July 2023
US MBS packager Fannie Mae halves Q2 insurance limit
Insurance
As across the reinsurance space, retentions have been hiked notably as limit is trimmed.   4 July 2023
Insurance
Munich Re needed to plug vacancy as regional chief punches the clock on 17-year reign.   4 July 2023
Insurance
The Swiss Re-Catlin-ACE-AIG vet is tasked to ‘empower’ a specialist APAC underwriting team.   4 July 2023
Insurance
Capacity has grown across proportional and XoL classes, putting market on new balance.   4 July 2023
Insurance
Third party capital, including AIG and its Lloyd’s Syndicate, could back the new unit.   4 July 2023
Insurance
The Queensland broker is an upstart creation of industry guru & rugby-turned-finance pro.   4 July 2023
Insurance
The new hire from a specialist media broker follows a 2022 move to new team leadership.   4 July 2023
Insurance
The transaction increases the French state-owned reinsurer’s capital by €200m.   3 July 2023

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