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Arch Re: Leaning in, with a no-surprise policy

Arch Re CEO Maamoun Rajeh says renewals need to be more like performance reviews: telegraphed with no surprises, as there is no upside to late games of “chicken”.

Fiona Robertson, 10 September 2023
Slovenia’s Sava secures back-up reinsurance after EUR100mn flood loss

The country’s second-largest carrier has disclosed around EUR100mn in gross losses during H1.

Rachel Dalton, 10 September 2023
New RMS Atlantic wind model lifts view of risk after active Gulf cat years

The changes have resulted in as much as 20%-30% increases for certain portfolios, sources said.

Fiona Robertson, 10 September 2023
Duperreault spearheads new reinsurance start-up Mereo

The group structure would constitute a Bermuda-based rated carrier, and an associated fund structure.

Adam McNestrie, 08 September 2023
The Hartford’s specialty business notching 11% increases overall: CEO Swift

The carrier’s E&S property book is “up 29%, with 25 points of rate”, said the executive.

Thorsten Schier, 07 September 2023
The Hanover elevates Seibold, Barrett to president roles in specialty

The Hanover has tapped Stephanie Seibold as president of alternative markets and Arthur Barrett as president of programs.

Thorsten Schier, 07 September 2023
Probitas 1492 launches SPA, confirms hire of Jodrell from Munich Re

AdA SPA 2024 will be headed by ex-Munich Re Syndicate deputy CUO Natasha Jodrell.

Abbie Day, 08 September 2023
Vesttoo: The red flags ‘abounded as early as 2021’

Yu Po provided 79% of supposed capacity behind the 65 transactions closed by Vesttoo since 2020.

Fiona Robertson, 08 September 2023
London market company income leaps 24% to £44bn in 2022: IUA

Property remained the largest class of business, whilst North America is an increasingly important income source.

Samuel Casey, 08 September 2023
Insurtech UK names Collett first CEO

Melissa Collett served as executive director for professional standards at the CII, where she spearheaded the Digital Ethics Companion.

Abbie Day, 08 September 2023

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