News

Insurance

Natural disasters rack up $60bn in insured losses in H1 2024: Swiss Re

Severe US thunderstorms piled up $42bn, 87% above ten-year average.   7 August 2024

Insurance

Aspen suffers H1 profit hit on insurance margins, investments, OPEX

Gross written premiums rose 16.7%, led by over 40% increase for reinsurance.   15 August 2024

Alternative Risk Transfer

ILS gains too ‘modest’ to alter capacity story, despite cat bond glory

Reinsurer capital generation trumps ILS with its constant threat of redemption.   19 August 2024

Insurance

Miller builds out accident & health team with ex-WTW director

New hire has more than two decades’ experience in the Lloyd’s and international markets.   21 August 2024

Insurance

Florida property insurers poised to weather hurricane season: KBRA

Retained earnings and new and improved reinsurance helped boost defences, analysts say.   15 August 2024

Reinsurance

Munich Re’s casualty exit is pure market, not rising skeletons: CEO

Big growth in casualty XoL followed underlying primary rate; Munich Re didn’t seek volume.   8 August 2024

Reinsurance

Australian renewals may have brought above-par panel shifts

Several key reinsurers may have been ‘out of step’ with market and been written down.   13 August 2024

Insurance

Sentry partners with Aegis to carry risks for new US E&O coverage

Partnership aims to provide ‘peace of mind’ in ‘complex and litigious landscape’.   14 August 2024

Insurance

Markel to drive casualty lines growth with key appointments

The appointees will focus on growing its life science & general liability lines.   6 August 2024

Insurance

SiriusPoint supercharges energy leadership with former AIG veteran

The executive formerly served at Starr, AmTrust at Lloyd’s, AXA and Canopius.   20 August 2024

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