News

Alternative Risk Transfer

Mexico taps cat bond market, takes $420m for 4Y across 3 key perils

ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal.   18 April 2024

Insurance

Allianz Commercial taps insider for global marine leadership role

The new marine chief brags a pedigree from Allianz, Chubb, Aspen and Tokio Marine.   17 April 2024

Insurance

Howden’s DUAL powers up European expansion with Swiss Re marine acquisition

DUAL secures capacity from Swiss Re to continue to write marine business.   16 April 2024

Insurance

MGA Rokstone takes Lloyd’s box to get closer to brokers

Says having a box at Lloyd’s reinforces its longevity in the market.   15 April 2024

Insurance

Miller attracts Aon talent to expand in Asia Pacific cargo market

The move is part of Miller’s ambitious growth strategy in the region.   15 April 2024

Insurance

AXIS underwriting head retires, sparks series of promotions

He was CUO of AXIS Managing Agency and underwriting head for Global Markets.   12 April 2024

Alternative Risk Transfer

Cat bond frenzy unstoppable Q2; can bring other ILS in tow this year: Aon

Retrocession issues of indexed cat bonds may be first boat lifted in cat bond rising tide.   10 April 2024

Insurance

Florida-focused insurers slash 2023 losses, rest of field already in the black

State insurer Citizens accounted for 2/3 of market's underwriting profit improvement.   10 April 2024

Reinsurance

Reinsurance capital hits decade high to $729bn; ‘exceptional’ profits in ’23

Reinsurers’ ROE comfortably exceeds the industry’s cost of capital, finds Gallagher Re.   9 April 2024

Reinsurance

Lockton revamps Norwegian leadership in response to ‘rapid growth’

The broker has expanded capabilities in professional & financial risks, M&A, PE and marine.   9 April 2024

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