News

Technology

Insurtech funding grows to $1.3bn amid four-year low in deals: Gallagher Re

Q2 2024 witnessed the sharpest deal drop since Q2 2020, plummeting 23.4% quarter-on-quarter.   5 August 2024

Reinsurance

CEA adds limit at minor mid-year reinsurance renewals, takes $306m

The programme continues to look costly: cession rates at mid-year are up 17 pps y/y.   20 August 2024

Alternative Risk Transfer

Arch MI ‘pleased’ with new indemnity reinsurance

The transaction covers potential losses on nearly $30.5bn in mortgages for MI policies.   19 August 2024

Insurance

HDI boosts H1 profits; outlook ‘positive albeit cautious’

‘Our large losses are dominated by nat cat events, reflecting a broader trend,’ it says.   20 August 2024

Insurance

Rokstone inks multi-year capacity deal with Accredited

The partnership aims to expand its specialty offering.   19 August 2024

Insurance

Howden in new global partnership with Ultimate Risk Solutions

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

Reinsurance

Swiss Re casualty reserves highly discretionary, ‘some’ signals in book

Casualty margin? ‘Any time you add $650m to reserves, it is going to be an ugly number’.   22 August 2024

Insurance

Hurricane Debby losses up to $2bn, ‘manageable’ for re/insurers: claim major brokers

Private insurers and the NFIP are expected to face hundreds of millions in losses.   9 August 2024

Reinsurance

Wilton Re and Prudential seal deal to reinsure $11bn of reserves

The agreement to result in approx. $350m of expected proceeds for Prudential.   23 August 2024

Insurance

Alliant boosts North America operations with raft of hires

Appointees to strengthen M&A, Americas, and employee benefits teams.   23 August 2024

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