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TransRe tips Japanese typhoon reinsurance rate hikes of 40-50%

CEO Mike Sapnar said losses in the last two years have wiped out premiums.

Fiona Robertson, 28 January 2020
Brewer Lane makes first investment with $15.2mn to Socotra

The series B round also featured capital from MS&AD Ventures, Portag3 Ventures and 8VC.

Bernard Goyder, 28 January 2020
AIG leads Kobe Bryant crash aviation policy

Sources said Island Express Helicopters holds a $50mn hull and liability insurance policy.

John Hewitt Jones, 27 January 2020
Swiss Re CorSo names Coppola as North America casualty head

The executive joins from AGCS where she led the North American financial lines team.

Samuel Casey, 27 January 2020
Insider 50 slips as US nationwide carriers decline

Our (re)insurance benchmark largely shrugs off wider equity-market losses driven by coronavirus fears.

Khilan Shah, 27 January 2020
Travelers’ aggregate treaty yields $101mn recovery

The trigger on the deal was largely eroded by the end of September.

Fiona Robertson, 27 January 2020
Gallagher names Capsicum’s Payton as P&C and specialty head

The appointment follows the closing of Gallagher’s acquisition of Capsicum Re.

Samuel Casey, 27 January 2020
AIG withdraws from surety market globally

The carrier has initiated talks to transfer the $70mn portfolio and the team to another insurer.

Adam McNestrie, 27 January 2020
Fidelis names Symms as head of outwards reinsurance

The role will harness actuarial analysis to provide support to the firm’s quota share reinsurers.

Samuel Casey, 27 January 2020
R&Q acquires Vigneron

Legacy specialist continues expansion with first Montana captive.

Rachel Dalton, 27 January 2020

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