Reinsurance
Swiss Re warns heat waves will hit insurance hard
Extreme heat will result in damage to a variety of infrastructure, set off fires and damage agriculture, reinsurer warns
IQUW promotes Furlong to lead technical underwriting
Specialty carrier appoints head of marine, energy and aviation to newly-created role
Gallagher and WTW joint brokers on Air India insurance cover
Reports suggest New India leads operator’s insurance cover, while AIG said to lead reinsurance programme
US severe storm losses mount but so far remain under 2024 totals
Year-to-date severe convective storm losses surpass $27bn following wave of severe weather in May
Samsung Fire & Marine ups stake in Canopius
South Korean insurance giant acquires additional 21% stake in specialty re/insurance group
Howden acquires Peruvian reinsurance broker
Innova Re specialises in commercial lines including property, aviation and civil liability
Africa Specialty Risks launches automated underwriting portal
Quote-and-bind platform will initially offer energy and D&O product lines
Reinsurers’ catastrophe PMLs continue to grow: Moody’s
Despite moderating prices reinsurers are ‘generally still eager’ to deploy capacity, particularly for US wind risk
Fac market compelled to follow declining energy rates: Acrisure Re’s Cooper
Acrisure Re’s head of power international facultative explains why there is enhanced scrutiny of facultative reinsurance purchases
Rates, capital and legal reform: key takeaways from June 1 renewals
Reinsurance prices continue retreat from 2023 peak despite strong demand
Peak Re’s Bermuda chief eyes casualty ILS opportunity
Gene Zhang sees ‘tremendous potential’ in casualty ILS strategy to diversify capital base
Arch Re promotes Soares and Jal to key roles
Carrier appoints Soares and Jal presidents of its Bermuda and European units respectively
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