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Abbie Day

Reporter

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Abbie Day is a reporter for Insurance Insider. She covers cyber, trade credit, political risk, construction, product recall and InsurTech.

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Reinsurance

KKR and Quadrantis take minority stakes in Peak Re

Majority shareholder Fosun will continue to hold the remaining 86.7% of shares.

Abbie Day, 21 October 2025
ILS investors

Sage and Cedar Trace launch Lares Funds

The funds will combine credit and ILS holdings.

Abbie Day, 14 October 2025
Talent

Ledger appoints Saul as MD, reinsurance and capital markets

Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.

Abbie Day, 14 October 2025
Bermuda

S&P Global issues Vantage Risk A- financial strength rating

Vantage Group Holdings received a BBB- long-term issuer credit rating.

Abbie Day, 16 September 2025
Cyber

Cyber analytics firm CyberCube in sale talks with Verisk

It is understood that CyberCube has been considering a sale of the business.

Jairo Ibarra, 05 September 2025
Sidecars

Ryan Specialty launches Flexpoint- and Sixth Street-backed sidecar, RAC Re

Ryan Alternative Capital Re was launched in partnership with Axis Capital.

Abbie Day, 05 September 2025
Catastrophe losses

Perils launches Wind-Jeannie Japan typhoon platform

The firm has also updated the loss-calculation engines of existing Jeannie tools.

Abbie Day, 28 August 2025
Catastrophe losses

CatIQ revises down insured-loss estimate for Ontario and Quebec floods

The estimate covers property and vehicle claims.

Abbie Day, 12 August 2025
ILS investors

ILS price pressure ‘non existent’: Munich Re

The reinsurer’s chair said cat pricing reductions are at a “miniscule level”.

Abbie Day, 08 August 2025
Talent

Atrium appoints Byrns for weather and climate entry

The new team will be headed by Brown & Brown’s Ed Byrns.

Abbie Day, 04 August 2025
Interviews

Cat pricing at ‘risk-adequate level’: Scor’s Léger

Scor's CEO said the P&C market had experienced a “competitive” first half.

Abbie Day, 31 July 2025
Talent

Guy Carp appoints Flynn as Global Specialties head of global clients

Matthew Flynn joins from RenaissanceRe.

Abbie Day, 29 July 2025
Catastrophe losses

Nat cats generate more than $130bn in losses over H1: Munich Re

Insured losses produced the second highest first-half tally since records began in 1980.

Abbie Day, 29 July 2025
Brokers

Aon’s ILS business showed double-digit growth in Q2

Cat bond broking growth contributed to 6% organic growth in reinsurance.

Abbie Day, 25 July 2025
Re/insurers

Munich Re guides to Q2 profit nearly 30% above analyst expectations

The carrier reported preliminary profits of EUR2.1bn, driven by “very low” major-loss expenditure in P&C re.

Abbie Day, 22 July 2025
Renewals

Global property-cat RoL index down 8.1% at 1 July: Guy Carp

In the US, the index fell 6.7% year on year.

Abbie Day, 10 July 2025
Catastrophe bonds

Mercury prices $150mn Luca Re cat bond at 725bps

This comes in at the lower end of the initial spread guidance of 725-775 bps.

Abbie Day, 02 July 2025
ILS managers

Perren Capital appoints Richardson as COO

The third-party capital manager is a new entrant to the retro space.

Abbie Day, 30 June 2025
Catastrophe losses

Perils lowers Cyclone Alfred loss estimate 12% to A$2.25bn

In April, the loss modeller pegged losses at A$2.57bn.

Abbie Day, 12 June 2025
Claims and losses

Perils finalises German flood losses at EUR1.56bn in last estimate

The loss has decreased by 0.3% since the company’s third assessment.

Abbie Day, 06 June 2025
Brokers

Lockton Re appoints Baldwin to retrocession and property specialty

David Baldwin joins from EIRS where he was a senior reinsurance consultant.

Abbie Day, 02 June 2025
Talent

Industry veterans Bonneau and Bredahl launch MGU investment vehicle Novel

Bredahl has been appointed CEO and Bonneau as chairman.

Abbie Day, 29 May 2025
Catastrophe losses

Gallagher Re pegs Midwest storm insured losses at $4bn-$7bn

SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.

Abbie Day, 23 May 2025
UK and Europe

Generali P&C profit increases 9.4% to EUR10.4bn over Q1

The group reported an 89.7% combined ratio for the quarter.

Abbie Day, 22 May 2025

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