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Catrin Shi

Editor-in-chief, Insurance Insider
Contact
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Catrin Shi is Insurance Insider’s Editor-In-Chief and co-founder of the publication’s award-winning diversity and inclusion campaign, Insider Progress.

Since joining Insurance Insider in 2015 as senior reporter, she has focused her reporting on Lloyd’s, cyber, property D&F and MGAs, and has picked up a number of trade journalism awards for her work. She became Editor-in-Chief of Insurance Insider in 2022, overseeing editorial strategy across the three titles in the Insurance Insider group.

Published by this author:

  • adrian cox 2024.png
    Beazley ILS investors ‘delighted’ at ‘very, very small chance’ of loss: Cox
    The carrier estimates the total industry loss for the Microsoft/CrowdStrike outage at around $1bn-$2bn.
    Catrin Shi, 08 August 2024
  • Hiscox logo 3.jpg
    Hiscox ownership in the spotlight as suitors circle
    Sources said that Japanese big-three carrier Sompo and Italian insurance giant Generali are circling.
    Adam McNestrie, 08 July 2024
  • rr ransom  wave bb tr.png
    Claims severity is back for Ransomware Wave Two
    A number of players suggested that the cost components of first-party claims were up between 30%-50% on that seen during Ransomware Wave One.
    Catrin Shi, 12 October 2023
  • cracked road concrete close up
    Morocco govt expected to get $250mn parametric quake payout 
    Alongside a parametric scheme, a further insurance pool providing up to $1bn in cover will recoup funds to benefit the post-quake recover.
    Fiona Robertson, 11 September 2023
  • Steinhatchee, Florida, USA. 30th Aug, 2023. Boats float among a series of floating docks on the Steinhatchee River on Wednesday, Aug 30, 2023, as Hurricane Idalia moves through Florida's west coast at Taylor County in the Big Bend area. (Credit Image: © D
    Idalia loss underscores reason for reinsurer retreat from low layer cat
    Hurricane Idalia is still live, but the storm’s track reassured market participants that it will be a relatively minor loss.
    Rachel Dalton, 01 September 2023
  • vesttoo logo standard chartered bank.jpg
    Vesttoo fallout extends to purported Standard Chartered letters of credit
    Issues with faked letters of credit are not limited to one banking provider, sources said.
    Fiona Robertson, 02 August 2023
  • Vesttoo and aon logo abstract.jpg
    Aon IP deals linked to Vesttoo collateral issues as fundraise pulled
    The firm said it had identified two specific transactions in which “collateral inconsistencies” were in question.
    Fiona Robertson, 18 July 2023
  • marco jul 23.jpg
    Legacy carrier Marco inks deal to acquire Kelvin Re
    The carrier has agreed to acquire the former Credit Suisse ILS unit, following the acquisition of sister company Humboldt Re in 2021.
    Catrin Shi, 10 July 2023
  • Guy Carpenter.jpg
    H1 saw ‘record’ $9.2bn in limit from 41 cat bonds: GC
    Loss-free accounts were generally up 20%-50% at renewal, the reinsurance broker said.
    Catrin Shi, 05 July 2023
  • lloyds-building.jpg
    Lloyd’s 2022 preview: Low-90s combined ratio expected in unusual loss year
    A canvass of Lloyd’s market executives generated an expected combined ratio of 92%-93% for 2022.
    Catrin Shi, 28 February 2023
  • Hurricane Ian money.jpg
    PCS Ian number climbs 16% to $47.4bn
    The update to the October figure implies the ultimate number will comfortably breach the $50bn mark.
    Fiona Robertson, 22 December 2022
  • jeremy noble markel pk.jpg
    Markel’s Noble: We will capture the property cat opportunity via Nephila
    The incoming president for insurance also highlighted the role Nephila could play in the transition to net zero.
    Catrin Shi, 21 December 2022
  • OLD DONT USE OLD
    Canopius joins ranks of carriers dropping retro
    The exit highlights increasingly difficult conditions in the retro and reinsurance markets.
    Catrin Shi, 14 December 2022
  • QBE logo New York.jpg
    QBE pulls out of retro in increasingly tough renewal
    The carrier has become the latest in a string of reinsurers unwilling to write retro at 1 January.
    Fiona Robertson, 13 December 2022
  • Ascot logo new 2021 bermuda.jpg
    Ascot exits US retro market as severe capacity crunch looms 
    It is understood that Ascot will continue to write worldwide retro business.
    Catrin Shi, 18 November 2022
  • Aerial drone image of hotels and resorts on St Pete Petersburg Beach Florida USA
    Universal, Heritage among private homeowners’ leaders on Florida west coast
    Research by sister title Inside P&C shows the top three homeowners carrier exposures by county for forecast highest impact areas.
    Catrin Shi, 27 September 2022
  • Gallagher re london.jpg
    Gallagher Re mints academic research centre
    The Gallagher Research Centre will be led by Tina Thomson as global head of research.
    Catrin Shi, 11 September 2022
  • tmk tokio marine kiln london.jpg
    TMK exits treaty reinsurance following strategic review
    Underwriters in both London and Singapore are in discussions with the company.
    Catrin Shi, 11 August 2022
  • Axa XL logo Stamford CT.jpg
    Littlemore and Welch to exit Axa XL in reinsurance leadership reshuffle
    The reorganisation is one of the first major changes to the reinsurance arm since Nancy Bewlay became CEO of the division.
    Catrin Shi, 09 May 2022
  • Scor logo finance investments.jpg
    Scor to cut nat-cat exposure by 15% by year-end
    The reinsurer booked a 104% combined ratio in Q1 on higher than expected cat losses and Ukraine claims, with P&C retro ceded premium up 37%.
    Catrin Shi, 06 May 2022
  • tmk tokio marine kiln london.jpg
    Tokio Marine Kiln reviews reinsurance strategy as Curran steps down
    The Lloyd’s business is drawing on TMHCC to advise on the future of its reinsurance book.
    Catrin Shi, 29 March 2022
  • Catastrophes four tiles flood fire tornado snow storm climate.jpg
    Global insured loss tally reaches $130bn for 2021: Aon
    The year broke a number of records in terms of insured losses.
    Catrin Shi, 25 January 2022
  • A photograph of the Lloyds Building in London from ground up
    Nephila forced to drop cyber from Syndicate 2358 launch
    The change in plan comes as Lloyd’s restricts cyber growth.
    Fiona Robertson, 21 December 2021
  • Lloyds.jpg
    Lloyd’s highlights focus on cat and cyber in move to principles-based oversight
    The Lloyd’s chief of markets also highlighted inflationary risks as a trend of which to be aware for syndicates.
    Catrin Shi, 08 December 2021
  • lloyds-building-london-upview.jpg
    Lloyd’s permits aggregate exposure growth for 2022 as premiums rise 15%
    Business plans submitted for 2022 have set the market on track to generate a sub-95% combined ratio next year.
    Catrin Shi, 07 December 2021
  • Covea PartnerRe logo paris.jpg
    Covea-PartnerRe ranks among largest Bermudian deals in dollar terms
    However, the deal is low-to-mid ranking in terms of book multiple.
    Catrin Shi, 29 October 2021
  • joachim muller.jpg
    AGCS seeks reinsurance partners to back growth strategy
    ‘We are not shrinking to greatness,’ said Allianz Global Corporate & Speciality CEO Joachim Müller.
    Catrin Shi, 18 October 2021
  • Germany Floods.jpg
    E+S Rück forecasts across-the-board rate hikes for German reinsurance market
    The Hannover Re subsidiary said the event would incur insured losses in Germany alone of “well in excess” of EUR8bn.
    Catrin Shi, 18 October 2021
  • New Orleans, United States. 30th Aug, 2021. A building in downtown New Orleans, Louisiana is destroyed in the aftermath of Hurricane Ida on Monday, August 30, 2021. Power was out in the city but the levees held, Photo by AJ Sisco/UPI Credit: UPI/Alamy Liv
    Tulane Uni notifies $100mn Ida claim as risk losses begin to emerge
    The first pieces of solid risk loss information are coming to light following the storm, for which loss emergence has been slow.
    Catrin Shi, 12 October 2021
  • Houma, USA. 30th Aug, 2021. A gas station is seen destroyed by Hurricane Ida in Houma, Louisiana, the United States, Aug. 30, 2021. With stranded people waiting for rescue on damaged roofs, flooded roads blocked by downed trees and power lines, and over o
    Opinion: The Ida headscratcher
    The lower-than-expected losses so far from Ida do not stack up against what is thought to be a $30bn+ cat event.
    Catrin Shi, 05 October 2021
  • Hamilton, Bermuda, City View
    Markel and Catco agree buyout transaction for ILS funds
    Markel will provide approximately $150mn to facilitate the buyout of the retrocessional segregated accounts of the funds, as well as tail-risk cover to release $100mn of trapped collateral.
    Catrin Shi, 27 September 2021
  • Volante_Global_Logo_london_2021_v2.jpg
    Lloyd’s gives initial green light for Volante’s Syndicate 1699
    The Corporation has given in-principle approval for the syndicate, which will have initial stamp capacity of £130mn.
    Marcel Le Gouais, 23 September 2021
  • Headshots_x6.jpg
    10 of the best from (Re)Connect 2021
    From ESG to social inflation, systemic risk to cat risk, we highlight some of the top discussions from this year’s four-day virtual conference.
    Catrin Shi, 10 September 2021
  • Hamilton, Bermuda, City View
    BMS Re hires Mullan to build out new Bermuda operation
    The former Alterra Global Reinsurance CEO will be responsible for establishing the new hub for the reinsurance broker.
    Catrin Shi, 02 August 2021
  • kin-logo-chicago-2020.jpg
    HSCM co-leads $80mn private deal supporting InsurTech Kin's $1bn SPAC listing
    As part of expansion plans, Ki has also signed a stock purchase agreement to acquire an inactive insurance carrier that holds licenses in more than 40 states.
    Catrin Shi, 19 July 2021
  • lloyds-and-willis-buildings-london.jpg
    Ontario Teachers and Stone Ridge among CFC Syndicate 1988 backers
    The Canadian pension fund and the ILS fund provide Funds at Lloyd’s capital alongside traditional reinsurers.
    Catrin Shi, 08 July 2021
  • lloyds-building.jpg
    Prince of Wales launches Insurance Task Force to tackle climate change
    Executives including AIG CEO Peter Zaffino, Aon CEO Greg Case and Munich Re CEO Joachim Wenning have joined the task force, chaired by Lloyd’s.
    Catrin Shi, 24 June 2021
  • CFC_logo_lloyds_london_2021.jpg
    CFC secures pension fund and ILS money for Syndicate 1988
    Reinsurers from Bermuda, the Cayman Islands and Japan have also provided capital to the syndicate for its 1 July launch.
    Catrin Shi, 21 June 2021
  • Occam logo with London.jpg
    Cyber team leaves specialist MGA Occam
    The platform has backing from ILS firm HSCM, although cyber paper was provided by HDI.
    Catrin Shi, 07 June 2021
  • DONT USE OLD DONT USE
    Beazley draws up plans for ESG-focused consortium and SIAB
    he consortium and follow-only SIAB a targeted for a 1 January 2022 launch.
    Catrin Shi, 01 June 2021
  • Volante_Global_Logo_london_2021_v2.jpg
    Markel/Nephila place majority Volante Global stake up for sale
    CEO Talbir Bains founded the business in 2017 with backing from the market’s largest ILS manager.
    Adam McNestrie, 05 May 2021
  • lloyds-building-london-tower-reflective-2.jpg
    CFC mulls ILS support for Lloyd’s syndicate launch
    The MGA will put some of its own capital behind the new syndicate, which will assume 20% of the risk from across its portfolio.
    Catrin Shi, 30 April 2021
  • burkhard-keese-cms.jpg
    Lloyd’s targeting sub-50% attritional loss ratio: Keese
    Underwriting profits in future must be able to counteract reduced investment income due to ultra-low interest rates, the CFO said.
    Catrin Shi, 31 March 2021
  • OLD DONT USE OLD
    Maltese, Mavani among Guy Carp defections to Howden
    Around 15 producing brokers are on the move, with a number from the non-marine specialties team.
    Fiona Robertson, 30 March 2021
  • Texas brick snow winter storm.jpg
    Property D&F market faces up to $100mn Uri claim from Texas schools fund
    The claim from the TASB Risk Management Fund is one of the first pieces of loss information to come to light following the Texas deep freeze.
    Catrin Shi, 24 March 2021
  • road damaged by earthquake getty.jpg
    Lloyd’s partners with start-up Bounce for NZ parametric quake risk
    The product leverages real-time GeoNet data to automatically pay customers within five days following a strong earthquake.
    Catrin Shi, 22 March 2021
  • Aon combination leadership graphic january 2021
    Aon reveals combined post-deal executive committee
    Gebauer, Kent, Pullum and Garrard are among the Willis execs named to big jobs.
    Adam McNestrie, 27 January 2021
  • alvarez-adam-2019.jpg
    Alvarez joins Inigo's reinsurance team
    The start-up's reinsurance division will target cat and retro business as well as a selection of specialty lines.
    Catrin Shi, 06 January 2021
  • john-neal-named-as-lloyds-ceo-company-handoutjpg-63589.jpg
    Neal: Industry must take cue from world leaders on climate responsibility
    The Lloyd’s CEO said it was not for business to set the tone on climate, as the Corporation laid out its first ESG report.
    Catrin Shi, 17 December 2020
  • hendrick-greg-web.jpg
    Hendrick: Vantage will 'stay close' to ILS market
    The carrier would consider a variety of tactics to manage third-party capital, the CEO said.
    Catrin Shi, 07 December 2020
  • Singapore wealth fund GIC follows Miller deal with Convex funding
    GIC said it co-led the consortium of existing and new investors to commit $1bn to the carrier.
    Catrin Shi, 18 November 2020
  • slaughter-james-2015.jpg
    Slaughter pauses plans for Lavant launch
    The executive, alongside Oak Hill and Abry, have decided to delay the launch of the start-up until later in 2021.
    Catrin Shi, 17 November 2020
  • slaughter-james-2015.jpg
    ILS execs join Slaughter start-up Lavant as PE funding talks advance
    Lavant is seeking at least $600m ahead of a proposed launch in January.
    Adam McNestrie, 13 November 2020
  • ils_capital_management_2022_bermuda_logo.png
    ILS Capital expands direct insurance play with Dale and Apollo syndicates
    The manager will support Apollo’s auto-focused Ibott syndicate as well as a contingency vehicle.
    Catrin Shi, 09 November 2020
  • Lloyd’s ISPV could be running by end of 2020
    The Corporation has focused on its plans to create a digital marketplace in Blueprint Two, its latest strategy document.
    Catrin Shi, 05 November 2020
  • axa-logo-paris.jpg
    Axa XL exceeds H2 cat budget by EUR300mn after storms
    Parent Axa leaves its EUR1.5bn estimate for Covid-19 losses unchanged at the nine-month mark.
    Catrin Shi, 03 November 2020
  • slaughter-james-2015.jpg
    Slaughter targets 1.1 market return with Bermuda start-up
    The former Liberty executive’s long-term ambition is to build a tech-enabled, London-based risk carrier to align with the Future at Lloyd’s vision.
    Adam McNestrie, 24 September 2020
  • ils_capital_management_2022_bermuda_logo.png
    ILS Capital seeking Lloyd's vehicle for Dale contingency play
    The ILS manager is in the process of applying for a corporate member, sources said.
    Catrin Shi, 23 September 2020
  • OLD DONT USE OLD andrade-juan OLD DONT USE OLD
    Andrade: ‘Only a matter of time’ before ILS investors come back
    ILS expansion beyond cat will continue, the Everest Re CEO added.
    Catrin Shi, 15 September 2020
  • Lloyd’s ‘real time’ capital management tools to be rolled out soon
    Investors will be able to see their capital instruments in real time, CEO John Neal said during Insurance Insider’s virtual (Re)Connect event.
    Catrin Shi, 14 September 2020
  • Nana expected to strengthen to hurricane before landfall
    The storm, which is heading for Belize, is also expected to bring “dangerous” surges, according to the NHC.
    Catrin Shi, 02 September 2020
  • beat-capital-logo.jpg
    Beat inks strategic partnership with Bain Capital in growth push
    A dedicated underwriting vehicle will be established to provide capital through Syndicate 4242.
    Catrin Shi, 01 September 2020
  • tropical-storm-laura.png
    Laura downgraded to tropical storm over Louisiana
    On its current forecast trajectory, the storm will hit Little Rock, Arkansas, where it could cause flash flooding.
    Bernard Goyder, 27 August 2020
  • News: Hurricane Laura
    Hurricane Laura to weaken to tropical storm later today
    The NHC reiterated its warning of “life-threatening” storm surge as the storm rapidly loses strength.
    Catrin Shi, 27 August 2020
  • Beirut port explosion could hit marine, cargo and other covers
    Losses could extend to BI, D&F, political violence and trade credit insurance, sources said.
    Anna Sagar, 07 August 2020
  • HISCOX June 2017
    CEO Krefta to leave Hiscox Re & ILS after three years in post
    The departure comes after a 21% contraction in GWP at the unit in H1.
    Catrin Shi, 03 August 2020
  • Nephila_Logo_bermuda_2021.png
    Axis’ Louden to head Nephila specialty syndicate
    Ex-Novae deputy CUO to become active underwriter at Syndicate 2358.
    Catrin Shi, 23 July 2020
  • lloyds-building-top-is.jpg
    Lloyd’s to establish PCC to bring ILS money into market
    Lloyd’s plans to launch the protected cell company later this year.
    Catrin Shi, 17 July 2020
  • Lloyd’s: ILS capital could support pandemic proposals
    The Corporation has released three proposed frameworks to support pandemic insurance provision.
    Catrin Shi, 01 July 2020
  • Nephila_Logo_bermuda_2021.png
    Nephila considering follow-only Lloyd’s syndicate
    It is understood the new syndicate would write following lines via quota shares or consortia.
    Catrin Shi, 04 June 2020
  • Property market braced for Floyd protest losses
    Primary property and facultative covers will respond to losses under civil commotion clauses.
    Catrin Shi, 03 June 2020
  • lloyds-building.jpg
    Lloyd’s: Property to drive under one-third of Covid loss hit
    Lloyd's expects property losses will make up 29 percent of the corporation's $3bn-$4bn share of claims, with overall industry losses at $107bn.
    Catrin Shi, 14 May 2020
  • Brit and Google to launch follow-only syndicate Ki in 2021
    Fairfax is understood to have provided cornerstone capacity for Ki, and Brit is aiming to raise third-party capital its launch.
    Catrin Shi, 13 May 2020
  • P&C Covid-19 impact could top EUR1bn: Allianz CFO
    The carrier’s P&C division could miss its 2020 operating profit target by 20 percent, CFO Giulio Terzariol said today.
    Catrin Shi, 12 May 2020
  • Axa says too early to call Covid-19 BI losses
    The carrier expects event cancellation losses from Covid-19 in the “mid-triple-digit-million euros”.
    Catrin Shi, 06 May 2020
  • Brit to fundraise for follow syndicate after securing in-principle Lloyd’s approval
    The carrier will raise third-party funds for the vehicle after setting up a new Lloyd’s fund late last year.
    Catrin Shi, 04 May 2020
  • Hudson Structured commits $20mn to legacy investor R&Q
    The investment comes as R&Q positions itself to take advantage of pandemic-related market dislocation.
    Catrin Shi, 29 April 2020
  • Axa XL announces new team as Greensmith leaves for AIG
    Charles Cooper remains chief executive of Axa XL’s global reinsurance operations while Nancy Bewlay has been appointed the new CUO.
    Adam McNestrie, 21 April 2020
  • Neale joins Guy Carpenter after three decades at Willis Re
    Willis Re’s managing director of UK reinsurance will have a similar role at Guy Carpenter, it is understood.
    Catrin Shi, 15 April 2020
  • john-neal-named-as-lloyds-ceo-company-handoutjpg-63589.jpg
    Pandemic claims could rival HIM losses: Lloyd’s CEO
    John Neal said losses would be significant, but not unmanageable.
    Catrin Shi, 14 April 2020
  • Lloyd’s well within solvency requirements despite Covid-19
    The Corporation has agreed an asset de-risking plan for the central fund to ensure its stability.
    Catrin Shi, 27 March 2020
  • Lloyds_logo_london_2021.png
    Lloyd's-branded ILS structure on way in H2
    The Corporation is also working to help a global ILS manager access non-catastrophe risk via the Corporation.
    Catrin Shi, 26 February 2020
  • postlewhite-stephen.jpg
    QBE Re names Postlewhite to succeed Parry
    Jonathan Parry, current CEO of QBE's reinsurance group, will retire in a year's time.
    Catrin Shi, 25 February 2020
  • Armour to lose CEO Huntington and president Williams
    It is understood that CFO John Parry, who joined the firm last year after holding the same role at Lloyd’s, will become interim CEO.
    Catrin Shi, 24 February 2020
  • axa-logo-on-sign.jpg
    Axa buys QS and agg covers to curb Axa XL volatility
    The unit also cuts its property cat appetite and reduces line sizes in casualty lines.
    Catrin Shi, 20 February 2020
  • Axa XL cuts cat exposure as CEO departs
    Greg Hendrick has been replaced by Chubb’s Scott Gunter.
    Catrin Shi, 20 February 2020
  • QBE lifts aggregate attachment
    The insurer lifted the attachment on an aggregate portion of its group reinsurance treaty, which was otherwise unchanged after its restructure for 2019.
    Catrin Shi, 17 February 2020
  • brindle-sized-for-web.jpeg
    Fidelis will look for one-off third-party retro intakes
    The firm will consider writing more retro after raising $300mn new equity.
    Catrin Shi, 14 February 2020
  • Brit_logo_london_2021.png
    Brit turns profit for Sussex and Versutus investors
    Third-party investors recorded a $2.6mn underwriting profit for the year.
    Catrin Shi, 14 February 2020
  • richard-brindle.jpeg
    Adia among investors in $300mn Fidelis raise
    The sovereign wealth entity has taken an equity stake in the Bermuda (re)insurer after also building up an ILS portfolio in the past year.
    Catrin Shi, 11 February 2020
  • Omers to take 40% stake in legacy firm RiverStone
    The pension fund will acquire the stake from Fairfax for a cash sum of $560mn.
    Catrin Shi, 20 December 2019
  • swiss-re-building.jpg
    Swiss Re pegs 2019 insured cat losses at $56bn
    The loss tally includes a $7bn loss estimate for Typhoon Faxai and $8bn for Typhoon Hagibis.
    Catrin Shi, 19 December 2019
  • us-commercial-property-mall.jpg
    Property binders under pressure as major players cut back
    Underlying rate increases are ranging from 10-25 percent for US regional insurance binders.
    Catrin Shi, 18 December 2019
  • lloyds-building.jpg
    ILS syndicates lift Lloyd's stamps by 6-7% in 2020
    Nephila’s Syndicate 2357 can write up to £420mn in 2020, with Arcus receiving an £89mn stamp.
    Catrin Shi, 17 December 2019
  • Global Parametrics launches EUR75mn natural disaster fund
    Hannover Re committed EUR50mn to the fund, which targets risk transfer in developing markets.
    Catrin Shi, 09 December 2019
  • allstate-logo.jpg
    Allstate takes $237mn October cat hit
    Losses could have eroded as much as 44 percent of the carrier's aggregate deductible.
    Catrin Shi, 22 November 2019
  • hamilton-bermuda-istock-496705927-web.jpg
    Neon to close property treaty book and Bermuda office
    Neon blamed the move on retro costs outrunning projected increases in its incoming business.
    Catrin Shi, 20 November 2019
  • AIG to target reinsurance partnerships in HNW play at Lloyd’s
    The $1bn syndicate signals a move from the carrier to leverage the ability to share risk at the Corporation.
    Catrin Shi, 04 November 2019
  • bridger-will-2016.jpg
    Compre weighs up ILS role as it investigates Bermuda launch
    The legacy insurer is mulling a Bermuda vehicle to help it access North American deals.
    Catrin Shi, 28 October 2019
  • Rousseau: Walking away needed for a harder reinsurance market
    All the reinsurers want to grow and some leaders continue to pursue growth very aggressively, according to the Scor boss.
    Catrin Shi, 22 October 2019
  • guy-carp-symposium-panel.jpg
    Collaboration key to (re)insurers moving to 4.0 model
    The industry will be at risk if it does not adapt, said RMS CEO Karen White.
    Catrin Shi, 21 October 2019
  • Lloyd’s targets lower cost future in blueprint strategy
    The detailed document lays out plans for reform to capital provision, claims and services administration and distributing risk.
    Catrin Shi, 30 September 2019
  • neal-john.jpg
    Lloyd’s sexual harassment survey findings ‘shocking’, says Neal
    Lloyd’s CEO John Neal has pledged to take action on the results of a culture survey completed by over 6,000 market participants.
    Catrin Shi, 24 September 2019
  • Butt to replace Reith as Neon CEO
    Theo Butt moves up from his managing agency CEO role to take over from Martin Reith who has led the business for the past four years.
    Adam McNestrie, 13 September 2019
  • Neal: Lloyd’s could process up to 12 syndicates in a box per year
    The Corporation has committed to getting SIABs up and running in 90 days.
    Catrin Shi, 11 September 2019
  • Axa XL considers ceding insurance risk to New Ocean
    CEO Greg Hendrick said the third-party capital platform could eventually be used within the entire Axa group.
    Catrin Shi, 09 September 2019
  • magee-don.jpg
    Aon makes Magee UK chair of Reinsurance Solutions
    The executive will support UK CEO Nick Frankland in developing business and client strategies.
    Catrin Shi, 16 August 2019
  • Allstate July cat losses estimated at $235mn
    Some 40 percent of the monthly loss estimate stemmed from a single severe hail event .
    Catrin Shi, 15 August 2019
  • aig-building-new-york-resized.jpeg
    AIG adds to property cat reinsurance covers
    The insurer bought a $325mn cover for the Caribbean and Hawaii as well as retro for Validus Re.
    Catrin Shi, 08 August 2019
  • AGCS cyber securitisation 'not top priority'
    The insurer sounded a cautious note on cyber ILS plans after previously saying it had done some test deals.
    Catrin Shi, 05 August 2019
  • Hendrick: Rates not high enough to reverse Axa XL’s property cat reduction
    Axa XL cut back revenues on property cat reinsurance business by 7 percent in H1.
    Catrin Shi, 02 August 2019
  • Axa XL progressing discussions on sharing insurance risk
    XL’s New Ocean will lead on packaging and structuring risk, while Axa IM is contributing on distribution to investors, the firm’s leadership said.
    Catrin Shi, 01 August 2019
  • Vandoninck named CEO of Fidelis ILS platform Socium
    Fidelis has rebranded its third-party capital partnerships arm as Socium.
    Catrin Shi, 03 July 2019
  • john-neal-named-as-lloyds-ceo-company-handout.jpg
    Neal: Two ‘syndicates in a box’ to be launched by 1 October
    ILS participants have speculated that the syndicate in a box may be one avenue they can use to access Lloyd’s.
    Catrin Shi, 03 July 2019
  • cook-nick-v2.jpg
    BMS push to become alternative to reinsurance big three
    This comes as Lockton has also been on a recruitment drive to boost its reinsurance division.
    Catrin Shi, 06 June 2019
  • Dunleavy made CUO at Aspen Re
    Departing CUO Emil Issavi will be reunited with former Aspen Re chairman Brian Boornazian at Ryan Specialty Group.
    Catrin Shi, 31 May 2019
  • P&C growth pushes Axa XL Q1 revenues up 7%
    Axa XL has reported a 16 percent increase in P&C insurance business to EUR2.9bn ($3.2bn) in the first quarter of 2019.
    Catrin Shi, 03 May 2019
  • john-neal-named-as-lloyds-ceo-company-handout.jpg
    Lloyd’s CEO outlines digital future to meet investment appetite
    A digital approach to defining investor appetite and return expectations is one way Lloyd’s could benefit the ILS market in the future, John Neal said at the market’s prospectus launch today.
    Catrin Shi, 01 May 2019
  • A photograph of the Lloyds Building in London from ground up
    Lloyd’s: ILS capital must be able to enter market more easily
    The Corporation needs to make it easier for capital in all its forms to come to the marketplace, Lloyd’s said in its prospectus launched today.
    Catrin Shi, 01 May 2019
  • JLT’s ex-CEO of UK and Europe leaves Guy Carpenter
    Keith Harrison has resigned from the merged reinsurance business at Guy Carpenter following the paying-out of retention bonuses last week.
    Catrin Shi, 29 April 2019
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