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Harrell to launch InsurTech-focused MGA incubator platform

Sources said there are already four cells in line to join the platform in early 2022.

Catrin Shi, 20 December 2021
Argo Group sells legacy Malta operations to Riverstone

The transaction is expected to close during H1 2022 and reflects Argo’s strategic refocus on US specialty.

Luke Harrison, 20 December 2021
Casualty XoL renewals run late as reinsurers hold out for price increases

Reinsurers anticipate lower increases than last year but maintain pressure for rate in inflationary environment.

Rachel Dalton, 20 December 2021
Protests and riots rise 45% in MENA driven by pandemic stresses

In North Africa, protests and riots rose by 39%, while in Lebanon, 2,695 incidences of unrest occurred.

Luke Harrison, 20 December 2021
Is the most efficient reinsurance capital showing itself to the door?

Cat risk-takers are benefitting from some money leaving the sector, but is this disruption creating inefficiencies as well?

Fiona Robertson, 06 December 2021
Gross cat exposures rise for Bermudian carriers in 2020

Both gross and net exposures increased in the pandemic year, but net PMLs rose faster, a modelling report from the BMA shows.

Martha Muir, 17 December 2021
Eiopa: EU insurers can withstand prolonged Covid scenario

The European authority’s stress test on 43 carriers found that a section of the market still relies heavily on transitional measures.

Luke Harrison, 17 December 2021
2021 cat losses nearly 50% higher than long-term average: Jefferies

Jefferies’ report shows that cat losses have been spread across a broader range of perils and regions this year.

Luke Harrison, 17 December 2021
Everest Re extends president and CEO Andrade’s employment agreement

Juan Andrade’s employment agreement has been extended through the end of 2023, with automatic annual extensions following this term.

Luke Harrison, 17 December 2021
The Week in 90 Seconds: Midwest tornadoes, D&O pricing, Markham on Hiscox London Market plans, Ardonagh re-fi

Plus, the latest executive moves in the sector and all the top news of the week.

Rachel Dalton, 17 December 2021

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