News

Insurance

Polo launches new reinsurer to target ‘superior returns’ from Lloyd’s

Clockwork Re is a newly established Category 4 commercial general reinsurer in Guernsey.   14 January 2025

Alternative Risk Transfer

Choosing ILS is a strategic business move

The evolving role of insurance-linked securities (ILS) in reinsurance is now a matter of strategic foresight rather than tactical necessity. Acrisure Re managing director of catastrophe bond solutions believes the ILS market today is better than it was 10 to 15 years ago.   8 January 2025

Insurance

Los Angeles wildfires could cost insurers up to $10bn: JPMorgan

Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

Reinsurance

Everest CEO Andrade leaves to head USAA

The re/insurer will be led by acting CEO Jim Williamson.   9 January 2025

Reinsurance

Africa Specialty launches $21m Lloyd’s consortium for Africa-centric risks

The consortium is expected to aid syndicates entering Africa and developing markets.   9 January 2025

Insurance

QBE issues new $250m cat bond, eyes growth in NA property cat space

It offers collateralised reinsurance protection, and diversifies access to capital.   9 January 2025

Insurance

California moves to bolster FAIR Plan with debt; members to pony up

California residual player looks 'unlikely' to afford a major event, lawmakers admit.   13 January 2025

Insurance

WTW picks new European head of corporate risk and broking

The broker has also unveiled a new global head of placement.   9 January 2025

Reinsurance

VIG Re bolsters C-suite with new COO and CFO

C-suite executives to drive reinsurer’s digital transformation and finance operations.   10 January 2025

Insurance

Insurtech Parsyl raises $20m funding to accelerate growth strategy

Investors include the venture capital arm of Hudson Structured Capital Management.   8 January 2025

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