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Reinsurers ‘held positions’ in 1.1 renewal: Gallagher Re
The broker said over-placement on some deals was a positive sign for brokers, though reinsurance capacity is still very tight in some areas.
Fiona Robertson
,
02 January 2024
Aviva CEO Blanc awarded damehood in New Year Honours
Amanda Blanc was granted the title for services to business, gender equality and net zero.
Samuel Casey
,
02 January 2024
Reinsurance FOMO puts pressure on signings but rates still hold
Reinsurers are making some adjustments to secure target signings but appetite to grow is finely balanced.
Fiona Robertson
,
29 December 2023
Australian Christmas storm claims surpass 18,000: ICA
The ICA escalated the event from a ‘significant event’ to an 'insurance catastrophe', reflecting the escalating severity of the situation.
Abbie Day
,
29 December 2023
Losses from Storm Zoltan to reach hundreds of millions of euros: Aon
The broker has reported that Storm Zoltan is set to become the second-highest wind-related insured loss event in Europe in 2023 after Storm Ciarán.
Abbie Day
,
29 December 2023
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
Reinsurance market 'responsive' for 1.1 with ample capacity: GC
A more consistent trading rhythm returned to the property market, with capacity deployment outside of frequency-exposed layers and more heavily loss-impacted segments bouncing back.
Shelby Rosenberg
,
28 December 2023
Water levels remain high in Germany, Netherlands after persistent rain
The German weather service issued warnings of persistent rain for six states.
Abbie Day
,
28 December 2023
Gallagher Re hires Hamilton Re’s Sammons as UK aerospace head
The executive has more than 25 years’ experience in the industry.
Rachel Dalton
,
28 December 2023
Specialty marine hull & machinery could soften in 2024: Gallagher
Gallagher said higher-than-normal war premiums in some cases may "help to paper over the cracks”.
Abbie Day
,
28 December 2023
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