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Latest news
AM Best reviewing Aspen ratings following Sompo announcement
Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
The violations included not using propertly appointed adjusters and failing to pay claims.
James River urges court to reject Fleming’s request for reconsideration
James River said the court was right to dismiss the fraud case.
Marsh blasts Howden defectors, saying non-competes are enforceable
Company said defendant ‘distraction’ can’t make up for flimsy arguments.
The violations included not using propertly appointed adjusters and failing to pay claims.
Competitor news
Competitor news
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The broker announced the launch of its cross-class facility this week. -
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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From our other titles
From our other titles
From Insurance Insider ILS
Hannover Re to set up ILS platform in Bermuda
Aaron Garcia will hold a senior role at the operation, sources have confirmed.
From Insurance Insider ILS
Cat bond funds outpace private ILS by 2.01 points in H1: ILS Advisers
The ILS Advisers Fund Index reported a profit of 1.11% in June.
From Insurance Insider ILS
Zurich ILS managers unphased by ESMA’s view on cat bond UCITS inclusion
Managers believed end-investors value diversification and non-correlation of cat bonds over liquidity.
From Insurance Insider ILS
Swiss Re’s nat cat premium volumes flat in renewals year to date
The reinsurer had $2.8bn of natural catastrophe business up for renewal in the year so far.
From Insurance Insider ILS
Conduit Re will ‘invite’ third-party investors as it expands ILS over time
The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
From Insurance Insider ILS
Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
From Insurance Insider ILS
Retro and ILS specialists Stubbings, Bailey leave McGill for Miller
The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.
From Insurance Insider US
Commercial market ‘transitional’ not soft: Markel’s Houser
Uncertainty around political climate, weather and a possible recession is firming the market, said Wendy Houser, President, wholesale and specialty, Markel.