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Reinsurance

 

 

Swiss Re hires Hirst to lead portfolio strategy

Reinsurance giant hires former AIG Europe chief underwriting officer

People moves Reinsurance

Howard Hughes completes Vantage purchase

US investment group acquires Bermuda-based re/insurer for $2.1bn

Mergers and Acquisitions Reinsurance

Insurers underestimating risk of ‘supershear’ quakes

MS Amlin study finds destructive supershear ruptures are behind two thirds of insured earthquakes losses, yet are excluded from catastrophe models

Property Reinsurance

ASR inks strategic investment partnership with Vitruvian

Private equity firm to buy the majority share in Africa-focused re/insurer held by Helios

Specialty Reinsurance

Blockchain promises faster and cheaper ILS transactions

Regulators and re/insurers need time to become accustomed to the technology, which offers ‘accessibility and scalability’

Reinsurance Europe

Hormuz/Baltimore double whammy puts ‘extreme stress’ on marine reinsurance

Underwriter concerns include aggregation exposure, multi-party liability and prolonged claims development

Marine Strait of Hormuz crisis

Oak Global enters cat bond market

Lloyd’s platform secures $150m of collateralised retrocession protection against North American natural catastrophe risks

Reinsurance Lloyds

Property cat returns risk falling below cost of capital

Rates-on-line fell by as much as 25% at June 1 with cedents achieving improvements to structures and terms, Howden Re said

International North America
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Cyber reinsurance is ripe for innovation

Growing demand for tailored solutions is driving the development of new cyber products, Guy Carpenter’s Anthony Cordonnier tells the Insurance Day Podcast

Cyber Reinsurance

Convex approved for second Lloyd’s syndicate

Syndicate 1987 will focus on long-tails lines, including casualty re/insurance, political risk and trade credit

Bermuda Lloyds

Florida cat pricing falls 15% at June 1

Reinsurers expand their appetite amid improved underwriting results and legal reforms

Reinsurance Guy Carpenter / Marsh

High Court clarifies aggregation of Covid-19 losses at reinsurance level

English courts are favouring reinsureds by taking wide construction approach to the aggregation of Covid-19 losses

Legal focus Reinsurance
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