Reinsurance News

This morning, global insurance company AXA has shown that business interruption impacts from the COVID-19 pandemic continue to be felt, with the company announcing a EUR 300 million settlement offer for French restaurants.

Insurance and reinsurance broker Willis Towers Watson (WTW) reported this week that US commercial property insurance prices continued to rise in the first-quarter of the year, but said that the rate of change has “moderated fairly significantly.”

Hudson Structured Capital Management Ltd., investing in insurance and reinsurance as HSCM Bermuda, has participated alongside venture investors in a $100 million Series C fund raise for Embroker, a digital business insurance platform.

TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, has announced a new senior appointment, as it has added a new Chief Financial Officer (CFO) with the hiring of Jonathon D’Arcy, who previously worked at broker JLT Re as CFO and COO.

United Nations (UN) Secretary General António Guterres has again said that the world needs more catastrophe-triggered financing and better instruments to support the delivery of climate financing, to enhance disaster resilience, fund adaptation measures and finance climate risk.

The speaker roster is now coming together for our annual insurance-linked securities (ILS) conference for and about the Asia region, so reserve your place at our ILS Asia 2021 event today.

Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has experienced strong demand in the run-up to the renewals, with more than $700 million of reinsurance capacity sought from its platform by clients in May 2021 alone.

Aspen Insurance Holdings Limited, the Bermuda headquartered insurance and reinsurance group, has made a key hire for its mortgage re/insurance business, taking Arch Capital’s Andrew Rippert as EVP and Head of Mortgage.

For our latest Artemis Live video interview we wanted to explore inflationary trends and their potential to impact on the catastrophe claims process, as well as throw up some unexpected results when losses happen. So we were joined by Mike Fulton, President of Xactware and Tom Johansmeyer, Head of PCS, to discuss inflationary pressures and […]

Gallagher, the global broking brand of Arthur J. Gallagher & Co., has announced the hire of Tom Wakefield from Aon to take on the role of Chief Executive Officer (CEO) of its reinsurance business, Gallagher Re.