News

Risk Management

Marsh McLennan looks to ‘transform’ supply chain risks with AI

New AI platform aims to improve resilience to major shocks.   3 May 2024

Alternative Risk Transfer

RenaissanceRe suffers continued ILS outflows Q1, despite strong 1.1

Collateralised Re vehicle Upsilon goes unnamed, but may account for 45% of record outflows.   1 May 2024

Reinsurance

New leadership from AXA XL, Validus to fuel Canopius’ reinsurance ambitions

Canopius seeks to drive targeted reinsurance growth with ‘meaningful capacity’.   2 May 2024

Reinsurance

Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock

CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.   25 April 2024

Reinsurance

Mini-cycles in rates are a new norm for reinsurers

That is according to the CEO of reinsurance at Sompo.   2 May 2024

Reinsurance

Back to balance: Reinsurance in 2024

After several years of bad losses, 2023 saw reinsurers begin to rebuild their capital. With third-party capital still slow to return to the market, 2024 sees a more balanced market, according to SCOR’s global property & casualty.   2 May 2024

Reinsurance

Munich Re claims big Q1 earnings beat as major claims go absent

The P&C reinsurance combined ratio came in more than 4pts below consensus.   23 April 2024

Reinsurance

SiriusPoint Q1 profit plummets despite strong start to 2024

CEO Egan highlighted ‘significant progress’ in reducing its debt.   2 May 2024

Alternative Risk Transfer

Markel ILS unit Nephila holds AuM steady again Q1 at $6.8bn

Premium cession to the ILS unit rises 50% y/y in Q1; asset mix renders revenue gain.   2 May 2024

Risk Management

Aon launches new tools to assist risk managers and brokers

It is designed to help brokers in North America better understand exposure data.   2 May 2024

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