Jan 1 renewals present challenges to reinsurance startups

Jan 1 renewals present challenges to reinsurance startups | Insurance Business America Reinsurance Jan 1 renewals present challenges to reinsurance startups Current market dynamics are making it harder for newcomers, CUO says Reinsurance By Kenneth Araullo The renewals have resulted in a more balanced market, presenting challenges for new entities aiming to enter under favorable … Read more

Conduit Re publishes 2024 trading update following Jan. 1 renewals

Conduit Re publishes 2024 trading update following Jan. 1 renewals | Insurance Business America Reinsurance Conduit Re publishes 2024 trading update following Jan. 1 renewals Premiums written saw a double-digit rise from 2023 Reinsurance By Kenneth Araullo CHL, the parent company of Conduit Re, has provided a trading update for the January 1, 2024 renewal … Read more

Chaucer moves to block others from Vesttoo cell bankruptcy claims

Chaucer moves to block others from Vesttoo cell bankruptcy claims | Insurance Business America Reinsurance Chaucer moves to block others from Vesttoo cell bankruptcy claims It is looking to recoup $257 million Reinsurance By Steven Byerley Chaucer Insurance Company DAC and Chaucer Syndicates have filed a motion in the United States Bankruptcy Court for the … Read more

Talks of dividend growth dominate Berenberg’s “speed dating” insurance program

The event included six composite insurers – Talanx, Generali, Ageas, Unipol, VIG, and Uniqa. Despite acknowledging risks related to natural disasters and real estate, these companies conveyed a positive dividend outlook. Berenberg noted that most of these insurers intend to raise their dividends, aligning with the higher end of their targeted growth ranges as outlined … Read more

Hamilton names new CUO for US E&S division

Hamilton names new CUO for US E&S division | Insurance Business America Reinsurance Hamilton names new CUO for US E&S division She was one of the founding members of her previous firm’s PL team Reinsurance By Kenneth Araullo Hamilton Insurance Group has announced Jamie Secor’s promotion to the position of chief underwriting officer at Hamilton … Read more