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Munich Re’s Ergo seals 25% attachment-point reduction
The primary insurance subsidiary buys around EUR700mn of property cat protection from the wider market.
Rachel Dalton
,
02 January 2024
Aviation market braced for $130mn Japan Airlines loss
AIG leads the placement, WTW is the lead broker, with Marsh support, on the JAL account.
Aisling Finn
,
02 January 2024
Turkey quake at $5.8bn was largest non-US cat event last year: Cresta
In total there were seven international events that exceeded $1bn in 2023.
Jai Singh
,
02 January 2024
Howden hails flat renewal as ‘stability rewards clients and reinsurers’
Property cat and casualty pricing remain steady following chaotic 2023 renewal, with global cat rates rising 3%.
Rachel Dalton
,
02 January 2024
High demand will keep cat bond spreads buoyant in 2024: Fermat
Fermat managing director Nelson Seo has forecast that continued high demand could push ILS issuance volumes even higher in 2024.
Fiona Robertson
,
28 December 2023
AerCap receives $572mn settlement from Ural Airlines and S7
The lessor said the amount of its all-risk claim relating to the 47 engines and five aircraft is around $836mn.
Aisling Finn
,
02 January 2024
R&Q confirms retirement of co-founder Quilter at end of 2023
The company announced in March last year that the executive was set to retire.
Samuel Casey
,
02 January 2024
Bailey appointed CEO international and group MD at Stonybrook
Darren Bailey joins from Roosevelt Road Capital Partners, where he was director of capital markets.
Abbie Day
,
02 January 2024
Miller names Guy Carp’s Spells as London property facultative head
Ollie Spells joins from Guy Carpenter, where he was a senior producer in the broker’s UK facultative property team.
Aisling Finn
,
02 January 2024
Psychological shift has driven over-subscriptions: Gallagher Re’s Wakefield
Some reinsurers could be heading into 2024 with spare capacity, the reinsurance leader said.
Fiona Robertson
,
02 January 2024
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