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Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel. -
The former Hannover Re CEO said reinsurers must use alternative capital and tech.
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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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Rates will remain elevated in a period of structurally higher risk premia.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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Supply for property outstrips demand, but the casualty market is “bifurcated”.
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Tim Barber joins from QBE Re, where he was head of North America.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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Cyber reinsurance supply has continued to outstrip demand during 2025.
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Donna Swillman is currently a senior underwriter at Axa XL.
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The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
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The data modeling firm said losses previously averaged $132bn annually.
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