personal Insurance

Lockton Re hires former Canopius UK CEO Willmont to retro & property team

Lockton Re, the reinsurance unit of the independent broking group, has announced the hiring of Sarah Willmont, the former CEO,.. Read More

Capital to enter via sidecars & collateralized, rather than "Class of" startups: S&P

Because the current hard market in reinsurance is largely focused on the shorter-tailed lines of business, like property catastrophe risks,,.. Read More

Re/insurers now face $133bn annual nat cat losses on average: Verisk

The global insurance and reinsurance industry now faces an average annual natural catastrophe loss bill of around $133 billion, up,.. Read More

ILS investors may ask for more safety & security after Vesttoo scandal: Fitch

Speaking this morning at an event in Monte Carlo for the 2023 Reinsurance Rendez-Vous, analysts at Fitch Ratings said that,.. Read More

Morocco reels from devastating quake, but economy & population to bear brunt of losses

The North African country of Morocco is reeling after a magnitude 6.8 earthquake struck to the south of Marrakesh on,.. Read More

Acrisure Re hires Kriesch & Witteveen for Catastrophe Bond Solutions expansion

Acrisure Re, the reinsurance broking unit of the Acrisure group, has announced its expansion into the catastrophe bond market, with,.. Read More

US cyber industry loss index launched by PERILS & CyberAcuView

A new industry loss index specifically for primary cyber insurance market loss events in the United States has been launched,.. Read More

Property cat hard market to continue, as supply-demand gap persists: Swiss Re

Swiss Re, one of the largest global reinsurance companies, said today that the hard market in property catastrophe lines is,.. Read More

We'll be pushing for reductions in rates where we see competition: Aon's Marcell

Aon’s Reinsurance Solutions team intends to push reinsurers and ILS funds for rate reductions, in areas of the market where,.. Read More

Mt. Logan Re pipeline terrific, expected to grow, says Everests Williamson

For global insurance and reinsurance group Everest, the Mt. Logan Re Ltd. third-party capital vehicle is a key strategic priority,.. Read More

Vesttoo situation not helpful at all: Lloyd's CFO Keese at Artemis London 2023

The Chief Financial Officer (CFO) of the specialist Lloyd’s insurance and reinsurance marketplace, Burkhard Keese, called on the industry to,.. Read More

London Innovation Underwriters to build $1bn Lloyd's book via London Bridge 2

London Innovation Underwriters has been established by the listed Financials Acquisition Corp, a special purpose acquisition company launched in 2022,.. Read More