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Admiral to purchase RSA personal lines operations

The sale of the carrier’s home and pet operations includes an initial cash consideration of £82.5mn, with the potential to earn up to £32.5mn more.

Aisling Finn, 07 December 2023
Lime turnkey managing agency to host syndicate for Risk Capital SA

Risk Capital SA is a Luxembourg-based carrier with backing from Henry Junior Chalhoub, a member of the Chalhoub insurance dynasty.

Catrin Shi, 07 December 2023
Renewables market grapples with data challenges

Mass construction in remote locations is throwing up challenges around modelling exposures.

Samuel Casey, 07 December 2023
Hamilton Q3 CoR reflects lower cat losses, business mix: CEO Albo

Hamilton is seeing additional opportunities on the casualty reinsurance front as other players pull back, given the loss activity stemming from 2019 and prior years.

Jairo Ibarra, 06 December 2023
Aon’s Mackay departs Lloyd’s advisory role

Head of Lloyd’s relationships James Mackay joined Aon in 2019 after a 25-year stint at Argenta.

Aisling Finn, 06 December 2023
Hamilton will use IPO proceeds on property cat and quota share business for 1.1

The executive said that property cat market terms and conditions continue to be favorable, while demand is anticipated to increase in January 1 and throughout 2024.

Kyoung-son Song, 06 December 2023
Turkish cat pool faces tripling of RoL on ~$2bn re programme

The programme was hit hard by February’s Kahramanmaraş earthquake.

Rachel Dalton, 06 December 2023
Incentivising the insured ‘most challenging hurdle’ to underwriting transitions: Gallagher Re

The most effective route for insurers to engage with their clients on emissions reductions will require “fresh thinking and product innovation”, according to the reinsurer.

Ayesha Venkataraman, 06 December 2023
Gallagher and Howden among first brokers to adopt MRC v3

Other early users include Amwins, Aon, BMS Group, Consilium and Costero.

Abbie Day, 06 December 2023
Reinsurance fund launched to protect African smallholders from climate impact

The fund aims to protect one million smallholder farmers in Africa in 2024, with plans to cover at least four million by 2030.

Aisling Finn, 06 December 2023

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