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Axis Re: The canary in the coalmine of a hard cat market?
Inflationary pressure, increased demand and negotiations over attachment points are among the factors that reinsurers believe are ramping up pressure in the catastrophe space.
Fiona Robertson
,
12 July 2022
R&Q completes fundraise as total notches up to $130mn
The legacy specialist started the fundraise in the wake of a collapsed takeover by Brickell.
Samuel Casey
,
11 July 2022
Beazley explores market solution for systemic cyber risk
The carrier is planning to put boundaries around coverage granted in major cyber catastrophe events, in a bid to define exposures for itself and the wider market.
Catrin Shi
,
11 July 2022
Inflation to be ‘key area of focus’ for Lloyd’s: Gallagher
The broker said Russia’s invasion of Ukraine was also driving a range of uncertainties in the market.
Luke Harrison
,
11 July 2022
Swedish broker Säkra appoints Houlihan Lokey for sale process
The move to sell comes amid heightened interest in European broking assets.
Adam McNestrie
,
11 July 2022
Endurance at Lloyd’s CEO Housley to leave Sompo
Richard Housley joined Sompo following the acquisition of Endurance in 2017 and has held several positions at the company, most recently serving as CEO of Endurance.
Aisling Finn
,
11 July 2022
EMEA carriers’ robustness to be tested in coming months: S&P
The ratings agency said macroeconomic conditions could constitute a similar challenge to that posed by the pandemic.
Samuel Casey
,
11 July 2022
Toyota estimates South African flood claim could reach $500mn
The manufacturer suffered heavy damage to its Prospecton factory in April.
Rachel Dalton
,
11 July 2022
MS Amlin appoints Barnes as head of marine reinsurance
Before joining MS AUL, he was head of marine treaty at Canopius, until April.
Aisling Finn
,
11 July 2022
Aon appoints BNY Mellon executive as Netherlands CEO
Leonique van Houwelingen will also join the EMEA executive team.
Aisling Finn
,
11 July 2022
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