News

Reinsurance

CCR Re lures back top underwriter from Swiss Re for Asia & Africa push

The reinsurer has ‘strong ambitions’ for growth in the regions.   28 May 2024

Insurance

DARAG inks first outsourced service deal with Italy’s Unipol

DARAG to manage all non proportional open claims related to the runoff of Unipol Re.   5 June 2024

Insurance

Specialty MGA Nirvana adds SCOR/Argenta Lloyd’s syndicates to MTC capacity panel

The MGA has renewed its media, tech & cyber binder with an increased $10m capacity.   7 June 2024

Insurance

US personal lines bounce back on rate gains, Moody’s ups outlook

The sum of higher rate and tighter T&C now outweighs drag from inflation and reinsurance.   5 June 2024

Reinsurance

Brokers and carriers must work together to offer value to customers

Early and constant communication is key for strengthening client relationships, James Riviezzo, head of national broker relations for At-Bay, told the Cyber Risk & Insurance Innovation USA conference at the end of May.   6 June 2024

Alternative Risk Transfer

Augment looks to ‘break new ground’ in parametric reinsurance amid broker consolidation

New partnership with Skyline promises ‘dramatic positive change’ in risk transfer.   28 May 2024

Insurance

Margins safe post-peak, ‘fragilities’ put floor on rate downside: Ark

Casualty remains defiant of loss trend; youngish Ark has yet to be truly tempted.   10 June 2024

Insurance

Lloyd’s goes bigger in Americas and Caribbean; eyes ‘opportunities to expand’

It is launching a new hub in LatAm, may target US E&S as sector ‘continues to grow’.   6 June 2024

Insurance

Everest moves into Mexico, eyeing prime opportunities in P&C, marine & financial lines

The re/insurer sees ‘significant opportunity’ in key Latin American markets.   31 May 2024

Insurance

Ex-Swiss Re leader appears at hyperexponential after brief stint at Sompo to lead US launch

The UK insurtech is foraying into the US market and launching an ambitious hiring plan.   29 May 2024

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