Reinsurance
NOAA says ‘below-normal’ Atlantic hurricane season likely
El Niño may intensify Pacific season while breaking up Atlantic storms
BPL launches reinsurance division
BPL Re will focus on credit, political risk and surety business
Investors plan to increase allocation to insurance-linked structures
Three-fifths of investors plan to increase exposure to insurance-related assets over the next two years, Gallagher Re survey finds
Rethinking growth in a softening market
Softening market conditions can create opportunities for insurers to leverage growth opportunities through MGAs, consortia and reinsurance structures
AI adoption must not outpace governance
As new research shows that senior insurance professionals across the UK and Europe expect AI to reshape the sector, the industry’s next challenge is not adoption, but accountability
LMG extends Core Data Record to treaty business
Work ongoing to extend CDR to claims and delegated authority business in the London market
RenRe CFO and portfolio oversight chief to retire
Bob Qutub and Ross Curtis to retire at the end of the year
Pelagos cuts COR by 29 points in Q1
Former Fidelis Insurance Group swings profit as it books 86.6% combined ratio
QBE Re appoints Cherrak MENA regional head
Reinsurer appoints Scor’s Cherrak to drive growth across Africa and the Middle East
Conduit Re increases GWP by 4.5% in Q1
Bermuda-based reinsurer’s growth was driven by casualty lines where premiums increased by 23%
Munich Re P&C re operating profit soars to €1.1bn
Reinsurance giant trims P&C reinsurance combined ratio by 17 points to 66.9% in first quarter on lower major losses
Hannover Re P&C profits surge in Q1 on lower large losses
German reinsurance giant reports ‘minimal’ loss notifications from Middle East conflict
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