Specialty

Howden Tiger to rebrand as Howden Re

April 4 2024

Rebrand aligns with Howden's efforts to consolidate its operations under a single name and management structure.

canopius-group-names-named-soon-keen-lee-as-ceo-for-asia-pacific-and-mena

Canopius names Soon Keen Lee as CEO for Asia Pacific and MENA

April 4 2024

SK Lee joins from AIG and succeeds previous APAC CEO Mark Newman, who now serves as the specialty (re)insurer's UK CEO.

andreas-berger-to-become-swiss-res-new-group-ceo-from-1-july-2024

Andreas Berger to become Swiss Re's Group CEO from 1 July 2024

April 3 2024

Berger secures unanimous board approval to succeed Christian Mumenthaler, who steps down following a successful eight year tenure as Group CEO.

reinsurers-maintain-increased-risk-appetite-during-1-4-renewals-gallagher-re

Reinsurers maintain increased property cat risk appetite during 1.4 renewals: Gallagher Re

April 3 2024

More available capacity during renewals as reinsurers continue search for growth, with reinsurance appetite outstripping demand in Japan.

Sompo appoints Kenneth Reilly as CEO for APAC

April 2 2024

Reilly takes over from the retiring Daniel Neo and will continue in his role as Head of Tokyo alongside his new responsibilities.

Reinsurers' credit ratings expected to remain stable following Baltimore Bridge collapse: Fitch

April 2 2024

Despite potential for record-breaking claims, syndication of reinsurance programme should see credit ratings remain stable.

markel-expands-into-australian-professional-indemnity-insurance-market

Markel launches professional indemnity insurance products in Australia

April 2 2024

Markel introduces PI products in Australia, targeting sectors including renewable energy and construction.

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OneDegree launches 'technology-first' Cyber insurance product

April 1 2024

OneInfinity Cyber Insurance, is a departure from traditional 'cumbersome' approach to cyber underwriting, Insurtech says.

Singapore Maritime Authority confirms Dali passed inspections prior to Baltimore bridge incident

April 1 2024

MPA confirms the ship's compliance with all necessary safety protocols, including passing of two separate foreign port state inspections in June and September 2023.

japan-pi-club-1-4-renewals-saw-further-rate-rises-amid-a-challenging-business-environment

Japan P&I Club sees tonnage drop amid further rate rises in 1.4 renewals

March 30 2024

7.5% rate increase for ocean-going vessels and a 10% increase for Naiko Class mark consecutive hikes for fifth and third year respectively.

High Court rules US$10bn aircraft lessor-reinsurer dispute to proceed in London, not Moscow

March 30 2024

Aircraft lessors' claim against reinsurers to be heard in London to ensure trial fairness, rules Judge.

GIC completes majority stake acquisition of Miller

March 29 2024

Singapore's sovereign wealth fund becomes principal investor, as specialist (re)insurance broker looks to continue growth trajectory.

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