News

Reinsurance

Arch went cat-shy mid-year as forecasts raged, but could swing any day

With a full field of well-priced lines, why chase cat ‘at the risk of being unlucky?’.   5 August 2024

Insurance

Ambac doubles P&C operations, Beat gains firepower to expand globally

The acquisition places Ambac on track to produce approx. $1.4bn in premiums for 2024.   5 August 2024

Reinsurance

US property cat reinsurance demand up ca 15% as buyers gain power

Supply has risen to the occasion, but not exceeded; market remains ripe, RenRe says.   26 July 2024

Insurance

Howden in new global partnership with Ultimate Risk Solutions

The partnership to enhance its risk management capabilities.   7 August 2024

Reinsurance

Conduit enjoys 36% premium growth in H1, property and specialty shine

It says certain casualty lines are showing pricing pressure but rates generally adequate.   31 July 2024

Insurance

+Simple acquires Spanish underwriting agency

The deal comes six months after it merged with GMBC.   2 August 2024

Reinsurance

Martello Re mulls growth with $1.3bn capital raise

It entered the reinsurance market with MassMutual and HSCM backing in early 2022.   24 July 2024

Alternative Risk Transfer

Markel ILS unit Nephila bleeds assets again, despite premium surge

Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024

Insurance

Final insured losses from 2023 Turkey-Syria earthquake revealed

The earthquake was by far the costliest catastrophe in Turkey’s history.   6 August 2024

Insurance

BMS Australia powers up energy team with double swoop from Marsh

New hires also bring experience from WTW and Gallagher.   7 August 2024

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