Reinsurance
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July 1, 2022
Macroeconomic volatility causes reinsurance hardening to accelerate
Reinsurance cost continued to rise at the June and July renewals as the market pulled back from catastrophe exposures amid…
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July 1, 2022
AXA SA becomes group reinsurer after merger with captive
AXA has completed the conversion of AXA SA from the group holding company to internal reinsurer, following a merger with…
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June 29, 2022
BMS to double scale under new UK CEO
Broker BMS plans to more than double the scale of its specialty (re)insurance business through selective growth, according to its…
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June 15, 2022
Worst may be over for tough cyber reinsurance market
The cyber liability reinsurance market remains restricted but more capacity is expected to enter the sector, albeit slowly and cautiously,…
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June 10, 2022
Howden buys TigerRisk Partners in reinsurance and capital markets expansion
TigerRisk Partners has been acquired by Howden Group for an undisclosed amount, subject to regulatory approvals, creating what Howden calls…
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June 9, 2022
Buoyant runoff market reflects insurers’ capital and risk management strategies, says Best
Runoff is no longer seen as an option of last resort and indicative of failed operations, according to AM Best.…
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June 8, 2022
Property cat reinsurance rate increases in double digits for many at 1 June
Concerns over inflation and reduced property catastrophe capacity made 1 June reinsurance renewals difficult and protracted, with many ceding insurers…
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May 31, 2022
Specialty lines rates to accelerate as reinsurers come unstuck from ‘bundled’ offers: Berenberg
Specialty insurance buyers are set to face accelerated rate rises in the second half of this year and January 2023…
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May 31, 2022
Litmus finds reinsurers remain generally resilient but big variances
London-based credit ratings analytics firm Litmus has carried out an in-depth analysis of the reinsurance sector against the backdrop of…