Hannover Re has dampened expectations of a widespread and significant uptick in catastrophe rates at the 1 January treaty renewals, saying prices for German nat cat covers "should at least remain stable".
Those waiting for signs of the impact on insurance rates from the spate of third quarter hurricanes will have to wait until the New Year, according to Brown & Brown CEO Powell Brown
Expansive insurance group Ardonagh is set to seal a deal to acquire UK motorcycle specialist Carole Nash for just over £60mn ($78mn) from French insurer Groupama, The Insurance Insider can reveal.
Enstar co-founder Nick Packer, who left the legacy giant at the end of last year, has resigned as CEO of total return reinsurer KaylaRe after less than a year in post, The Insurance Insider can reveal.
