Reinsurance
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In July, he took the role on interim basis from Laure Forgeron.
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The recruits will join from Nephila, Aon and Malaysian Re.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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It comes as the MGA expects to write more than $1bn of premium in 2026.
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The carrier will pay special dividends only in exceptional circumstances.
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Joel Hodges will run the international business as managing director.
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Volante launched Syndicate 1699 in 2021.
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Improved performance and growing investment returns played a role in the upgrade.
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Inigo CEO Richard Watson said the team is ready for its “second album”.
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What’s driving the wave of shifting ownership structures in the Lloyd’s market?
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The executive has worked at Aon for almost two decades.
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The facility will initially focus on US, Bermudian and European business.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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Continental composite carriers aim to smooth volatility with new initiatives.
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The vehicle will now cover an E&S program jointly launched with Accredited.
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Several airlines are understood to have come to market early.
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Legacy reinsurance deals will be reviewed by the Legacy Review Panel.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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After losing in the High Court, insurers pin their hopes on the Court of Appeal.
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
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The Corporation’s chair reiterated its aim to reduce the cost of doing business.
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Equivalent to a Category 5 hurricane, Ragasa is the world's strongest storm this year.
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Despite formation of Gabrielle, there is "a very high probability" of a below-average season.
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The change in reinsurance intermediary follows an RFP for the account.
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The economic loss from the event was around EUR7.6bn.
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The move comes as the broker rebuilds its Bermuda team.
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The low degree of overlap between the combining portfolios benefits both parties.
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The Bermuda reinsurer has been active in ILS since launching in 2007.
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Plus, the latest people moves and all the top news of the week.
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Louis Tucker established and later sold Barbican Insurance to Arch in 2019.
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How does Lloyd’s plan to secure its future as a leading global marketplace?
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The mortgage insurer said Inigo will continue to operate as a standalone business.
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Inigo executives told Insurance Insider last year they were weighing up the casualty treaty market.
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The deal marks the latest step in Catalina’s shift from P&C to life run-off.
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The ILS manager has $6.8bn in assets and will be led by MariaGiovanna Guatteri.
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The combined casualty treaty team has also made a number of hires.
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The sidecar will support five programs providing specialty frequency coverages.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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The business said it was experiencing strong momentum on the Island.
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The practice group will enhance the company’s existing offerings in E&S.
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Losses were primarily driven by personal property lines.
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From aviation claims to retention challenges, underlying dynamics will take time to play out.
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The new recruit will report to group CUO Ian Houston.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The carrier’s US and Europe claims teams will report to Clayden.
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A roundup of the breaking news, C-suite interviews and exclusive insights.
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The deal is expected to result in $700mn in combined GWP in Florida upon completion.
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The syndicate is targeting capital allocation for 1 January, the company confirmed.
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Climate risk challenges conventional underwriting wisdom but also brings new opportunities.
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Blackstone-style capital seeking to get closer to source is a net negative for reinsurers.
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Cedants target methods of reducing pressure on earnings as reinsurers chase growth.
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Bill Bouvier has spent more than three years at the legacy firm in this role.
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The syndicate will be targeting approximately $50mn of GWP in its first year.
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Sources said that the carrier has held preliminary talks with private debt investors.
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Scale is increasingly becoming a differentiator for reinsurance carriers, the broker noted.
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Geopolitical turbulence brings new challenges that primary specialty lines carriers urgently need to address.
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Being conservative and stable is the name of the reinsurer’s game.
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Apollo most recently received in-principle approval for Syndicate 1972.
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The aviation market may prove an outlier following a disastrous year of loss activity.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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The private ILS segment took losses from LA wildfires and Mid-West severe convective storms in H1 2025.
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The sector recorded total premiums written in London of £11.9bn in 2024
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Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
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The insurer’s plans for the syndicate were revealed by this publication earlier this year.
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Despite high profile losses, there’s ample capacity in marine and aviation, while PV has seen healthy profits.
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Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
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Reinsurers and their cedants are feeling their books are in better shape, although the market is still uneven.
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The company, however, sets a high bar on making a move.
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Hannover Re Capital Partners is in talks with two investors for 1 January launch.
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The pair were offered contracts by Willis Re in July.
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The former Hannover Re CEO said reinsurers must use alternative capital and tech.
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Earnings covers do not need to equal aggregate reinsurance deals, the broker said.
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Anticipation, motivation and inspiration are central to effective implementation.
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Reinsurers are ready to draw a line under a worsening claim outlook across the casualty market.
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The carrier M&A cycle has started and reinsurance is a segment where acquisitions work better.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
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CEO Thierry Léger also stressed his intention to repair the carrier’s relations with Covea.
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Stefan Golling also said Munich Re’s appetite for agg covers was unchanged.
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The reinsurer is moving all its non-cat business to the new syndicate, leaving 1910 focussed on peak cat.
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Swiss Re forecasts more risk transferring to reinsurance and retro markets in the future.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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The post-disaster reinsurance start-up model is changing.
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Excess capacity will sustain softer rates, as organic growth challenges lead to more M&A chatter.