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Reinsurance
Swiss Re pegs loss on Baltimore bridge collapse at $100m gross
The event went exclusively to the P&C reinsurance book with no material cover at CorSo.   16 May 2024
Reinsurance
Swiss Re increased book 6% at 4.1 while piling out of casualty
Market discipline should hold through mid-years: supply looks ‘adequate,’ but not ‘excessive.’   16 May 2024
Reinsurance
Reinsurance pricing may hold stable into 2025: Hannover Re
New capital is sparse while existing capital, although rising, has learned a few lessons.   14 May 2024
Reinsurance
Swiss Re grew top-line ca 5% y/y Q1 on march to target-beating margins
Swiss Re otherwise made its IFRS17 debut without a single year-on-year pro forma comparison.   16 May 2024
Reinsurance
Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat
Bits of ‘unambiguous value’ may find buyers, earlier-stage entities may get run-off.   16 May 2024
Insurance
WTW lands Sompo talent with Chubb/Travelers pedigree for MGU leadership
The executive joins Verita as director of underwriting.   24 May 2024
Insurance
New Lloyd’s syndicate Agile attracts 21-year AXA XL veteran to head up marine
The syndicate received approval from Lloyd’s to commence underwriting in May.   24 May 2024
Reinsurance
Reinsurers can see rate at mid-year renewals above the broker view
Away from ILS-clad top layers and adjusted for private placements, rates are flat at worst.   22 May 2024
Technology
Insurtech MGA Cover Whale bags $27.5m investment from Morgan Stanley
The MGA seeks to ‘transform’ trucking insurance in the US.   23 May 2024
Insurance
Brokerslink onboards specialised aviation brokerage to network
The French brokerage manages aviation-related risks in France, Switzerland and the UK.   23 May 2024

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