News

Insurance

Argo falls to $0.5m loss ahead of Brookfield Re sale

The specialty re/insurer’s gross written premiums fell 23.2% due to businesses sold and exited.   8 August 2023

Alternative Risk Transfer

Cat bond funds gain through July, but pace slows in 34-week rally

The USD-denominated index is up 12.4% from post-Ian lows and 5% since pre-landfall.   8 August 2023

Insurance

PERILS hikes Turkey-Syria earthquake loss estimate to $4.9bn

The event marks the costliest catastrophe event in Turkey’s history.   8 August 2023

Insurance

Cyber MGA Resilience bags $100m funding for European expansion

The funding is led by Intact with participation from Lightspeed Venture.   8 August 2023

Insurance

Above the fray: hike in property cat retentions has done the trick

Volatility is for primaries; reinsurers gliding through H1 nat cats largely unscathed.   8 August 2023

Insurance

On-demand insurtech Inshur hires Munich Re leader to scale European business

He was head of performance management and pricing at Munich Re units.   8 August 2023

Insurance

MGA Optio lures former Ardonagh/Gallagher leader as CFO

The exec held group CFO/COO positions at Ardonagh, and CFO, international at Gallagher.   8 August 2023

Insurance

Berkshire’s BHSI nabs AIG talent to lead transactional liability

The senior hire to head transactional liability insurance for Asia and the Middle East.   8 August 2023

Insurance

Hiscox joins Munich Re to boost capacity in US flood market

Parametric insurtech FloodFlash secures fresh capacity deal with Hiscox.   8 August 2023

Insurance

Howden plucks Aon/Marsh veteran in property push

The exec to service UK and European companies with large and complex property risks.   7 August 2023

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