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The industry has continued to build and innovate through a third strong year of performance. -
Oaktree will fund the syndicate and act as investment manager for its assets.
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Demand for top layer coverage may also need to be supported by underlying market growth.
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The venture will launch in early 2026 and include captives, ART, cyber ILS and specialty (re)insurance elements.
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The carrier attributed the results to a significant fall in major-loss expenditure.
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The hedge fund had significant investment aims for the London market.
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As the P&C market shifts, carriers are looking for growth from acquisitions.
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The syndicate is expected to write ~$300mn of business in 2026.
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Majority shareholder Fosun will continue to hold the remaining 86.7% of shares.
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The executive has worked at Aon for almost two decades.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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Syndicate 1440 was approved to assume business incepting January 2026.
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The ILS manager revised down slightly its forecast for the syndicate’s 2023 YOA.
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The carrier posted its H1 results earlier today, beating analyst consensus.
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The broker has noted that double-digit reductions are increasingly available in property.
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Matthew Flynn joins from RenaissanceRe.
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Insured losses produced the second highest first-half tally since records began in 1980.
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The carrier reported preliminary profits of EUR2.1bn, driven by “very low” major-loss expenditure in P&C re.
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The PRA will also have to report on turnaround time for new approvals against 10-day and six-week targets.
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In the US, the index fell 6.7% year on year.
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The measure could have landed insurers with extra tax on US business.
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A group of Bermuda staff also left the broker.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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The carrier previously raised a Finca Re cat bond in 2022.
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The carrier previously redeemed from a Herbie Re cat bond for California wildfire claims.
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The headcount at the start-up now stands at around 40.
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Ark's combined ratio included 25 points of catastrophe losses in Q1.
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The buzz in the air at ILS Connect told of a market entering its next growth phase.
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The unit’s premium reduced by 4% for the first quarter.
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Investor interest and capital flows point to potential for ILS proliferation.
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This year’s ceremony will include the inaugural Women in ILS Award presentation.
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Suzanne Wells is also joining the company from Arch as COO.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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Insurance share prices were more resilient than the US stock market.
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Since leaving Hiscox Krefta has founded a consultancy.
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Many UK pension funds are over-funded and lack appetite for higher-risk, higher-yield products.
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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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MAP’s Christopher Smelt said impact on nationwide programmes will cause risk aversion.
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The executive spent a brief period at Wakam in a capital and reinsurance role.
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The London D&F market will shoulder most of the losses.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The changes follow a strategic review of the Pool Re scheme in 2022.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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The vehicle has $2.55bn in capital committed by institutional investors.
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The move means Lloyd’s will have a new chairman and a new CEO in the same year.
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Paul Poschmann joins from Gallagher Re, where he was a divisional director.
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The top quartile, which includes Nephila 2357, were set to shrink overall.
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The facility will also provide a dividend to clients for the first time.
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Lloyd’s has taken around 6% of aggregate US hurricane losses in recent years, and disclosed estimated net losses from Helene and Milton of $1.8bn to $3.4bn.
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CEO Adrian Cox said Beazley’s recent $290mn ILW purchase was not driven by “capital flexibility in and of itself”.
