Reinsurance
Lloyd’s partners with UN on disaster resilience vehicle
'First of its kind' resilience vehicle will leverage global reinsurance markets to provide exposure-based payments directly to climate-vulnerable communities
American Coastal to book $20m in net hurricane losses
Florida-based carrier pegs net losses from Hurricane Milton at $16.2m but gross losses could top $200m
Munich Re to post €900m Q3 profit, despite nat cat losses
German reinsurer books €500m in losses from Hurricane Helene
Axa XL Re appoints Schiffer as NA reinsurance chief
Swiss Re executive Greg Schiffer joins carrier to lead North American reinsurance business
HCI to cede majority of hurricane losses to reinsurers
Florida home insurer will retain only $185m of its $750m in gross losses from hurricanes Debby, Helene and Milton
Arch Capital chief executive Grandisson retires
Bermuda-based re/insurer names Papadopoulo as new CEO
Reinsurers’ catastrophe budgets ‘can withstand $50bn Milton industry loss’
Double blow of hurricanes Helene and Milton could threaten smaller carriers focused on Florida, analysts warn
Fears of $50bn-plus loss event as Milton barrels towards Florida
A landfall just north of Tampa Bay would be the industry’s worst-case scenario, leading to very significant losses that would hit reinsurers as well as primary carriers
MNK Group establishes Malaysian reinsurance business
New reinsurance business Pt Mekong Re will focus on aviation, construction, property, energy and forestry
Starwind launches $270m Fractal Re sidecar
Programme manager partners with Stone Point Credit on casualty-focused collateralised reinsurer
Pine Walk launches specialty reinsurance MGA
Silverflame Re will focus on marine, energy and composite and credit and surety
Miller completes Bruzon acquisition
Broker broadens European footprint with acquisition of Madrid-based specialty broking and advisory firm
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