Sven Althoff, Member of the Executive Board for Property & Casualty at large reinsurer Hannover Re, said today that the company is comfortable growing in this P&C market environment, while the firm...
St. Petersburg-based Mangrove Property Insurance, launched two years ago, has created its own reinsurance sidecar, the company announced. Grove Re Ltd., domiciled in Bermuda, will be a Class 3A...
The Swiss Re Institute has estimated that global insured losses from natural catastrophe events reached US $42 billion in the first half of 2026, marking the lowest first-half total recorded since...
US insurer Progressive has renewed its per-occurrence property catastrophe excess-of-loss reinsurance program to provide it with $2.19 billion of limits for first events affecting Florida and $1.85...
Severe weather losses in Manitoba and Saskatchewan – neighbouring provinces located in Western and Central Canada – have climbed above $840 million, according to the latest estimate from Catastrophe...
The third-party reinsurance capital platform of Bermuda headquartered re/insurer Vantage Risk, recently acquired by the Bill Ackman linked Howard Hughes Holdings, generated $23 million of fee income...
Hiscox Capital Partners, the division of Hiscox Re that encompasses insurance-linked securities (ILS) investments and quota-share partnerships, has appointed Charalambos (Harry) Spanos as a Senior...
As reinsurance sidecars increasingly expand into longer-tailed lines of business, the risk profile of these structures is shifting from traditional underwriting toward asset-side management....
While White Mountains elected not to invest capital into the Outrigger Re collateralized reinsurance sidecar, which supports its P&C insurance and reinsurance subsidiary Ark, for the 2026...
Amwins Global Risks, the specialist wholesale insurance broking business of Amwins, has expanded its specialist natural catastrophe facility for renewable energy projects, increasing available...