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Howden Capital Markets & Advisory appoints Poschmann VP

Paul Poschmann joins from Gallagher Re, where he was a divisional director.

Abbie Day, 08 January 2025
Evacuations ordered as major wildfires rage in Los Angeles

More than 4,000 acres are burning as thousands evacuate.

Rachel Dalton, 08 January 2025
Hannover Re targets $175mn of multi-peril 3264 Re cat bond coverage

The reinsurer is seeking index-based cover for a wide scope of perils and territories.

Liz Bury, 08 January 2025
Inigo seeks $100mn of US named storm and quake cover

The deal is split into two tranches compared with the single note issued last year.

Jai Singh, 08 January 2025
CCR Re renews 157 Re sidecar for 2025

The renewal marks the seventh issue of the retro vehicle.

Rebecca Perkins, 08 January 2025
American Coastal secures cat aggregate XoL coverage at 1.1

The new agreement provides $40mn of aggregate limit excess of zero.

Kyoung-son Song, 07 January 2025
Ryan Specialty to acquire cat underwriter Velocity for $525mn

The deal comes around three years after Markel sold a controlling interest in Velocity for $181.3mn.

Caroline Ryan, 07 January 2025
ILS market grew by 13% to $113bn in 2024: Aon

Cat bond investors have earned a cumulative 39.6% over 2023 and 2024.

Jai Singh, 07 January 2025
IAG places A$10bn 2025 cat reinsurance programme and volatility cover

The carrier said reinsurance was a key component of its “low-volatility strategy”.

Samuel Casey, 07 January 2025
Cyber ILS market ‘in development rather than lift-off’: Geneva Association

Novelty premiums will likely fade once investors are more comfortable with the risk.

Jai Singh, 06 January 2025

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