News

Insurance

Arch Capital suffers up to $560 million in Q3 nat cat losses

The estimate could be more than one-quarter above the market consensus hit.   19 October 2022

Insurance

BMS hires fac specialist to drive specialty energy

The new hire previously built the reinsurance division of Ribé Salat in Spain.   19 October 2022

Insurance

Guy Carpenter expands DA capabilities with trio of hires

The new hires come from Gallagher Re, Buckle and RT Specialty.   18 October 2022

Alternative Risk Transfer

Cat bond funds slide further 1.2% in week after early Hurricane Ian jolt

Core dollar-denominated cat bond fund index now down 6.1% from pre-Ian YTD high.   18 October 2022

Insurance

Swiss Re knocked from 2022 targets on $1.3bn Hurricane Ian hit

Q3 combined ratio may be forming above 110%, normalised ratio above 95% target.   18 October 2022

Insurance

Lockton Re nabs CyberCube leader to expand in cyber reinsurance market

New hire has held senior underwriting roles with Aspen, Hiscox, Liberty & Willis. Lockton Re, Cyber, Reinsurance, Broking, Appointment, Oliver Brew, CyberCube, London, North America, Bermuda   18 October 2022

Insurance

CRC Group reveals $3bn premium programmes division Starwind

The firm claims Starwind will be among the largest programme managers in North America.   18 October 2022

Insurance

Pool Re picks new CUO from Axis Re as it moves to treaty model

The new CUO will replace Steve Coates following his retirement in early 2023.   17 October 2022

Insurance

Phoenix Asset Management ditches R&Q stake after failing to oust CEO

Phoenix and key ally Brickell had wielded some 1/3 of votes at peak power.   17 October 2022

Insurance

Everest Re ramps up global expansion making major moves into Europe

Launches new insurance operations in France and Germany, soon entering Spain.   17 October 2022

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