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Rokstone launches NA excess fac property team headed by Amrose

The new unit, led by Hiscox 33, will launch with a $5mn line.

Abbie Day, 27 December 2023
Japanese regulator penalises Big Three for price-fixing: report

Finance minister describes the activity as “widespread, repeated and continuous”.

Rachel Dalton, 27 December 2023
ICA declares Christmas storms in Australia a ‘significant event’

Insurers have received more than 7,500 claims related to storms across Queensland, New South Wales and Victoria.

Abbie Day, 27 December 2023
Top-end retro rates slide but renewals largely maintain ILS targets for 2024

Projected 2024 ILS returns remain historically high, but signs of increased appetite for top-layer cat risk and top-end retro raise questions over how long this will last.

Fiona Robertson, 22 December 2023
Enstar acquires remaining 41% StarStone Specialty stake for $182.3mn

The deal’s consideration consisted of a cash payment of $119mn and the 13.5% equity interest that Enstar held in Northshore, the parent of Lloyd’s underwriter Atrium.

Jairo Ibarra, 22 December 2023
Air Lease lands $64.9mn settlement from insurer for craft stranded in Russia

The lessor is still pursuing a variety of claims for other trapped planes.

Rachel Dalton, 22 December 2023
Reinsurer appetite for cat growth opens up prospect of battle for signings

Well-priced top layer cat risk is in demand, leaving reinsurers watching the market carefully for any signs of decline.

Rachel Dalton, 22 December 2023
The Week in 90 Seconds: 2023 in numbers, Tomlin appeal, PV renewals

Plus the latest people moves and all the top news of the week.

Abbie Day, 22 December 2023
Travelers targets expansion of cat agg treaty by $1bn-$1.5bn for 2024

Travelers is set to expand its core cat treaty by between $1bn and $1.5bn, in a further sign of increased demand for cat reinsurance coverage at 1 January, this publication can reveal.

Rachel Dalton, 22 December 2023
PPL apologises for performance issues on Next Gen platform in run up to 1.1

The company acknowledged an issue with the platform had emerged on Tuesday afternoon after sources complained of having to resort to paper transactions.

Samuel Casey, 22 December 2023

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