Ceding companies are finding that a responsive reinsurance market has materialized for the Jan. 1, 2024 renewals — a reflection of ample capacity and a commercial ...
One of the themes at this year's reinsurance Rendez-Vous de Septembre (RVS) was that reinsurers have rediscovered client need, client interest and have again started to put clients at the center of ...
Two cyber attacks against two separate casinos in Las Vegas last week highlight the continued cyber insurance market risk resulting from tenacious ransomware groups, according to Guy Carpenter's ...
The hard reinsurance market in property-catastrophe reinsurance isn't coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said ...
Higher retentions on property-catastrophe reinsurance programs are here to stay going into next year's renewals, reinsurance brokers predicted recently.
Related ...
While 2023 may well turn out to be the warmest year on record, human activities that generate carbon gas emissions aren't the only ones driving spikes in weather-related insurance losses, a ...
AXA XL has appointed Lucy Pilko as CEO for the Americas region of its insurance operations, effective Oct. 30, 2023.
She assumes the role ...
Significant progress has been made in advancing vendor's cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and ...
Capacity was more readily available during the midyear renewals, which brokers described as "orderly," in comparison to the turbulent January renewals. At the same time, prices saw some moderating ...
Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh McLennan, announced that it has entered an agreement with TNEDICCA, a provider of location based traffic crash ...
