News

Insurance

Lloyd’s syndicate Blenheim eyes casualty market entry with ex-Fortegra chief underwriter

The executive spent 25 years at Chaucer where he was head of liability.   28 May 2024

Alternative Risk Transfer

Beazley sponsors second 144A cyber cat bond via PoleStar Re taking total to $300m

The insurer has secured additional $160m of cyber reinsurance coverage.   20 May 2024

Reinsurance

MS Reinsurance rebounds from large loss to $366m profit in ‘watershed’ year

The growth was driven by favourable market and one-time tax impact in Bermuda.   20 May 2024

Reinsurance

Parsyl lures McGill reinsurance broker with Aon/Willis pedigree as head of capital

The insurtech looks to build out a new capital pillar in London market.   20 May 2024

Insurance

Former Lloyd’s CEO Inga Beale joins climate company to drive transformation strategy

She made history as the first female CEO of Lloyd's, and now has a portfolio of non-exec roles.   29 May 2024

Alternative Risk Transfer

SCOR returns with $175m Atlas Capital cat bond, ‘very pleased with efficiency gains made’

SCOR reused its Irish vehicle for a second year; says it benefited from ‘high investor demand’.   31 May 2024

Insurance

No price fighter: AIG eyes high-margin growth in specialty, E&S property

‘Not all property is created equal,’ and AIG claims a line on the lone ‘true’ hard market.   30 May 2024

Insurance

Regulation proves more hindrance than a help for developing the cyber market

Regulation is proving a mixed blessing for the cyber insurance industry as it seeks to develop new products and grow scale. It promises a standardisation that it doesn’t always deliver. That was the message from a panel on the first day of Intelligent Insurer’s Cyber Risk and Insurance Innovation USA conference, taking place in Chicago.   29 May 2024

Insurance

BHSI taps new leader to continue casualty lines expansion in Canada

The insurer claims ‘tremendous growth over the past decade’ in casualty line of business.   28 May 2024

Insurance

Going their own way: Insurers warned they must not rely solely on modellers

Closing the insurance gap is a critical challenge for cyber coverage, says Brittany Baker, VP of solution consulting for modelling specialist CyberCube.   29 May 2024

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