Sompo, a subsidiary of the company responsible for the insurance and reinsurance operations of Sompo Holdings Group outside of Japan, […]
Chris Nolan promoted to Head of Surety US, Zurich North America
Zurich North America, the commercial property and casualty insurer, has promoted Chris Nolan to Head of Surety in US National […]
PCF Insurance announces acquisition of 360 Insurance
PCF Insurance Services has acquired the insurance business of 360 Insurance, based in Las Vegas, Nevada. With roots in the Las Vegas […]
Reinsurers well-positioned despite Japan’s Megaquake warning, says J.P. Morgan
Despite the Japanese government’s issuance of its first-ever Megaquake warning in August, reinsurers are well-positioned to absorb losses from major […]
Reinsurance market will continue to thrive with dedicated capital poised to increase: AM Best
Total dedicated reinsurance capital went up by 7% in 2023 to $568 billion, and an even larger increase is projected […]
Nexus launches new ART business as alternative risk solutions grow in popularity
Specialty managing general agent (MGA) Nexus Group has announced the launch of a new Alternative Risk Transfer (ART) business, under […]
P&C reinsurance market is reaching a new level of equilibrium, says Swiss Re CFO
The primary insurance market now understands that price increases in property and casualty (P&C) reinsurance are needed going forwards, with […]
Hiscox names Colin Keogh Interim Chair following tragic death of Jonathan Bloomer
Hiscox has confirmed that Senior Independent Director Colin Keogh will be taking up the mantle as Interim Chair following the […]
Intact’s Q3 catastrophe losses already at $1.1bn
Intact Financial Corporation, a Canadian property and casualty insurer, has estimated total catastrophe losses quarter-to-date of approximately $1.1 billion, pre-tax […]
Ascot launches Leadline Capital Partners to support expanded third-party capital business
Ascot, the Bermuda-domiciled global specialty insurer, has launched a unified capital management platform, Leadline Capital Partners, to support its expanded […]