Reinsurance
Aspen acquisition boosts Sompo International profit
Japanese giant’s overseas division reports adjusted profit up 24% to $423m in the three months to the end of June
Innovation is key to profitable growth: Oak Global CEO
Oak Global is looking for new markets and novel forms of distribution as the Lloyd’s newcomer establishes itself, Cathal Carr tells Insurance Day
LM Re parametric quake product pays out in Peru
Payout triggered by the magnitude 5.8 earthquake that struck Peru earlier this year
MS Amlin profits rise 52% despite Iran war losses
Lloyd’s carrier books netprofit of £61m for the three months to the end of June
Atrium hires Pilkington as chief capital officer
Lloyd’s carrier hires Ascot executive to shape capital strategy
Pelagos profits double in Q2
Former Fidelis Insurance Group returns to underwriting profit amid lower large losses and favourable reserve development
Hannover Re net income climbs 7% to €1.4bn in H1
German reinsurance giant reserves €200m for Iran war-related losses
Specialty MGA hires Woodage for North American property treaty drive
MNK Group-owned managing general agent continues build-out of treaty reinsurance capabilities
Reinsurance market at ‘inflection point’
Property catastrophe reinsurance market faces first real test since the 2023 market reset, rating agency warns
H1 insured losses hit six-year low at $42bn: Swiss Re
Severe convective storms remained biggest insured-loss driver in the period
Augment elevates Cripps to head of growth
Executive will originate and deliver strategic growth opportunities at reinsurance broker
P&C reinsurance drives record H1 profits at Munich Re
The group’s combined ratio in its P&C reinsurance segment shaved off 5 percentage points to 67.9%
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