News

Insurance

Swiss Re can’t be convinced on cyber; wordings & rate gains don’t cut it

New exclusions on state-sponsored agents may do little to ward of major aggregations.   4 May 2023

Insurance

Arch seeks to bolster market position in onshore and offshore energy lines

Appoints new leaders to manage underwriting across the London Market portfolio.   4 May 2023

Alternative Risk Transfer

Hiscox enjoys attractive rates across units in ‘very favourable’ market

But it flagged market-wide subdued ILS capital appetite.   4 May 2023

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

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

Tokio Marine restructures London Market businesses to target ‘growth and efficiency’

Newly combined marine, energy and renewables lines to be led by a senior Zurich hire.   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

CFC makes ‘significant hire’ to support growth strategy in US

The recruit will help boost its US distribution and broker relationship capability.   4 May 2023

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