reinsurance News
Cautious Optimism About a Final Brexit/EU Arrangement
British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain's ...
New Insurance Group Inigo Raises $800M of Capital; Ex-Hiscox Execs Behind Launch
Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a consortium of global investors. Former Hiscox executives are beyind the ...
How the Hardening Reinsurance Market Measures Up to the Past
Reinsurance price hikes and capacity changes are not reminiscent of prior hard markets, participants said in quasi-Rendez-Vous meetings, with some going as far as to say that current price changes ...
Argo Group Streamlining Continues: Two Private Equity Investors Will Buy Ariel Re
Argo Group International Holdings plans to sell Ariel Re to two private equity investors. Pelican Ventures and J.C. Flowers & Companies are the buyers, and the transaction is expected to close in ...
Not Monte-Carlo: The Future of the Rendez-Vous and Working in Reinsurance
It's been said that necessity is the mother of invention. That proverb took on new meaning for insurers and reinsurers as they successfully scrambled to conduct business digitally at the onset of the ...
Swiss Re CEO Mumenthaler: InsurTech ‘Disruption’ Overhyped, China Ahead of the Pack
InsurTechs used to launch insisting they were insurance industry disruptors bringing new ways to bypass traditional players in bringing coverage to consumers. In reality, Swiss Re Group CEO Christian ...
EU Pressures Britain to Make Brexit Compromise or Face Trade Disruptions
The European Union put the onus on Britain on Thursday to compromise on their new economic partnership or stand ready for trade disruptions in less than 80 days, drawing a chilly reaction from the ...
Louisiana Inflicted With Heavy Hurricane Damage, Again
Coastal Louisianans on Saturday surveyed the damage left by the wind and water that Hurricane Delta raked across their already storm-battered homes even as it weakened quickly after coming ashore and ...