All News articles – Page 13
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Hybrid fronting’s ‘explosive’ growth; Bridgehaven first of its kind in the UK
Recent years has seen hybrid fronting gained traction as a method for reinsurers to diversify portfolios while accessing more profitable areas of business.
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Aon appointments expand its Bermuda reinsurance platform
Jemma Henry and Lawrence Cheng hold managing director positions for Aon’s reinsurance team in Bermuda, with Libby Sargent, George Burles, Sonal Ohrie taking vice president roles.
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Guy Carpenter: Driving innovation through nature-based solutions
Research reveals a range of human factors are the main drivers of increasing loss frequency and cumulative losses for severe convective storms, writes Josh Darr, managing director, global head of peril advisory, Guy Carpenter.
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Where are all the new reinsurers?
A hardening market usually heralds the arrival of new reinsurers, but this has not happened in 2023 and 2024. Two analysts from AM Best recently sat down with Global Reinsurance to try to explain why.
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A new phase in the cycle begins – Howden Re’s Flandro
After a Goldilocks period for reinsurers, a new stage in the cycle is starting to take shape, with signs including lower interest rates and their effects on bond portfolios, David Flandro, Howden Re’s head of industry analysis and strategic advisory, told GR.
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Howden Re pre Monte report focuses on innovation
Rapidly changing nat cat, political violence and casualty re/insurance situations mean point to a greater need for collaborative innovation, reinsurance broker Howden Re said.
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Brad Melvin appointed president and CEO, BMS Re, US
Reinsurance broker appoints president to its US business with experience at Gen Re, CNA Financial, and most recently, at Aon Reinsurance Solutions.
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IGI UK: All change at Lloyd’s amid rapid MGA growth
Andreas Loucaides, CEO of IGI UK, talks about distribution, how trading in Lloyd’s opens up new opportunities, and the evolution of the MGA market.
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Dynamic trading environment meeting reinsurance demand – Guy Carpenter
The reinsurance broker’s leadership describes market conditions expected to influence placement discussions ahead of 1 January 2025 renewals.
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Acrisure Re makes leadership changes
Reinsurance broker appoints David Sowrey as international treaty managing director in London.
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Ebix announces restructuring plans after exiting Chapter 11 bankruptcy process
The US parent company for London market tech provider Ebix Europe said it is now “debt-free worldwide” and “well-positioned for the future”.
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DWIC Roundtable: The explosion of PV
Demand for political violence (PV) protection has risen across MENA markets, driven by geopolitical volatility, as well as growing client awareness about this nascent product. A roundtable on day two took a deep dive into an evolving market.
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DWIC Roundtable: MGAs as catalysts for change
DWIC’s day one roundtable discussed how MGAs are reshaping the traditional distribution model and driving efficiency in underwriting and product development.
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‘Calmer waters’ for UK reinsurance buyers provide broker innovation opportunity
Some reinsurers are described by UK market insurers as ‘opportunistic’ in their bid for growth amid ‘gradual softening’ market conditions, writes Insurance Times editor Katie Scott with additional reportage by GR’s David Benyon.
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Nat cat insured bill hits ‘new high’ of $151bn annual loss average – Verisk
Exposure growth is expected to average 7.2%, according to a new report from catastrophe risk data and analytics firm Verisk.
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SiriusPoint looks to diversify, takes on marine
SiriusPoint wants to diversify its business, the global insurer and reinsurer said, while attending the recent MGAA Conference in London.
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MGAs bringing distribution and tech access – AmTrust professional lines
Steven Moore, head of professional indemnity and professional lines, AmTrust International, spoke to Global Reinsurance at the recent MGAA Conference 2024 in London.
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QBE Re adds to A&H team in London
Five new hires, led by Henry Brigstocke, bolster reinsurer QBE Re’s accident and health team in the London market.
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Aon announces UK commercial risk, London and Singapore capital advisory leaders
Mike Cane joins Aon from reinsurance broker Gallagher Re, where he led its UK capital solutions arm.
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Has PPL NextGen been money well spent? Q&A with Ebix Europe’s James Pring
A Pre-Monte Carlo Q&A with Ebix Europe sales director James Pring on the status of next generation electronic placement in the London market.