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RenRe’s O’Donnell: Mid-year renewals ‘looking a lot like 1.1’

The CEO said the reinsurer has already written some private deals ahead of the June 1 deadline and expects to continue a pivot away from E&S in favour of property cat reinsurance.

Rachel Dalton, 03 May 2023
Aon names Marcell risk capital CEO, Lambrou human capital CEO in model evolution

Risk capital comprises commercial risk and reinsurance, with human capital covering health, wealth and talent.

Adam McNestrie, 03 May 2023
Novidea raises $50mn in Series C funding round

The funding triples Novidea’s value in less than two years and will be used to develop its insurance platform and drive international growth.

Marcel Le Gouais, 03 May 2023
PPL explores partnership with Morning Data to accelerate CDR capabilities

PPL is looking to enhance its capabilities around generating a CDR in a pilot that could also demonstrate how a CDR validation process could work for many firms under the Lloyd’s Blueprint Two programme.

Marcel Le Gouais, 03 May 2023
Marsh Fast Track facility offers 2.5% client discount

The first risks have already been bound under the facility, with work to place a further 5% ongoing.

Catrin Shi, 03 May 2023
Average offshore wind loss increased sevenfold 2012-2021: GCube

Larger wind turbines are driving up the cost of claims in the renewables sector.

Samuel Casey, 03 May 2023
Peak Re books first ever net loss for 2022 at $81mn

The Hong Kong-based carrier expanded GWP by 7% to $2.3bn over the year.

Rachel Dalton, 03 May 2023
Dual names Peedu as Nordics managing director

Peedu will be based in Stockholm and will also oversee Dual’s operations in Norway and Denmark.

Aisling Finn, 03 May 2023
FCA proposes latest listing regime reforms to bolster London IPOs

The FCA wants streamline listing rules in the UK to attract a wider range of companies to IPO in London.

Marcel Le Gouais, 03 May 2023
Holistic approach will make Munich Re ‘green beacon’ in insurance: Hoare

The executive said surging demand for coverage would address the supply-demand mismatch in the renewables space.

Samuel Casey, 03 May 2023

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