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Florida Citizens targets $4.7bn coverage for 2022 risk transfer programme

The proposal is at the upper end of previous proposals put to the insurer’s board.

Martha Muir, 18 May 2022
Howden in talks with TigerRisk on potential takeover deal

A takeover would boost Howden’s burgeoning reinsurance portfolio.

Adam McNestrie, 18 May 2022
Lloyd’s emphasises ‘emboldened’ ESG commitments

CEO John Neal and chair Bruce Carnegie-Brown highlighted a continued commitment to "insuring the transition" and D&I.

Rachel Dalton, 18 May 2022
Scor to shun oil field production projects from 2023

The company will also double its coverage for low-carbon energies by 2025.

Luke Harrison, 18 May 2022
AmTrust says costs capped at £1mn in $6.9mn Premia RITC dispute

Premia and Arch are pursuing AmTrust for costs relating to an RITC deal struck as part of the Canopius merger.

Samuel Casey, 18 May 2022
Twia growth leaves potential gaps within $900mn cat bond coverage

The state insurer expects to face a 29% increase in its premium rates, driven by exposure growth.

Martha Muir, 18 May 2022
FedNat Holdings CFO resigns following cat losses and downgrades

Group chief accounting officer Erick Fernandez will step in as an interim.

Rachel Dalton, 18 May 2022
Lloyd’s Tiernan: ‘Performance and growth need not be casualties of uncertainty’

Lloyd’s chief of markets has outlined the Corporation’s approach to navigating the market through macroeconomic, social and political challenges.

Catrin Shi, 18 May 2022
Aviva reports 9% GWP increase in Global Corporate and Specialty lines

Aviva has reported a 9% increase in its Global Corporate and Specialty (GCS) lines gross written premium (GWP) compared with Q1 last year as a result of continued rate momentum and new business growth and retention.

Luke Harrison, 18 May 2022
Opinion: Short-term Florida reforms may highlight need for longer-term gains

(Re)insurers are steadfast on the need for underlying tort and roofing reform – but failures might mean emergency measures are also on the table.

Fiona Robertson, 18 May 2022

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