Insurance Insider | Slipcase – (re)insurance industry news

The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.

Insider in Full: Marsh’s Clarke: Clients are turning to captives in hardening market

Specialty clients are drastically increasing their use of captives and redesigning their insurance programmes from the ground up as they contend with soaring rates, according to Marsh JLT Specialty president Lucy Clarke...

Insurance Insider / Hosted article / 12 hours ago
Captives Claims & Losses

Canopius taps investors for $400mn in Samsung-led raise

Lloyd's (re)insurer Canopius has raised an additional $400mn of capital from existing and new investors, as it looks to capitalise on conditions...

Insurance Insider / Article / 15 hours ago
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Strategy

Coverys considering closure for DTW Syndicate 1991

DTW Syndicate 1991 is facing the possibility of being put into run-off for 2021, its managing agent Coverys has said...

Insurance Insider / Article / 16 hours ago
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Strategy

Terrorism market shows early signs of turn but facilities drag on improvement

The terrorism market may be turning after years of soft market conditions, as rates on open market business start to improve...

Insurance Insider / Article / 20 hours ago
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Rates Terrorism Risk

RenRe posts $206mn underwriting loss as top line continues to surge

A busy quarter for natural catastrophe events pushed RenaissanceRe to an operating loss of $131.7mn in Q3, compared with a $32.7mn operating profit a year earlier...

Insurance Insider / Article / 22 hours ago
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Financial Results

Beazley shores up contingency team with ex-Markel Clegg

Beazley has appointed former Markel underwriter Alex Clegg to join its contingency team, as a number of senior figures prepare to depart the team, Insurance Insider can reveal...

Insurance Insider / Article / 1 day ago
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Accident & Health / Contingency Market Moves

Aspen raises $500mn in debt to support growth efforts

Aspen Insurance Holdings affiliates have raised $500mn in debt as the carrier looks to attack the hardening market with fresh capital...

Insurance Insider / Article / 1 day ago
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Strategy

AlphaCat underwriter George leaves

Tom George is leaving Validus, where he was an underwriter responsible for sourcing AlphaCat business, following a string of departures from the reinsurance business...

Insurance Insider / Article / 2 days ago
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Market Moves

Pro MGA Solutions to hit $600mn managed GWP by year end

Pro MGA Solutions (Pro MS), the MGA incubator arm of Pro Global, is expecting to host a total of 19 underwriting cells managing a forecast $600mn of...

Insurance Insider / Article / 2 days ago
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Financial Results MGAs

Marsh promotes insider to Continental Europe risk management leader

Marsh has appointed Carolina Klint as its risk management leader for continental Europe where she will oversee delivering services and solutions to national...

Insurance Insider / Article / 2 days ago
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Market Moves Risk Management

ReConnect 2020

14-18th September 2020, online