SCOR purchases three-year capital markets P&C / life stop-loss retro cover
During an analyst call this morning, the senior executive team at French reinsurer SCOR confirmed that it has secured a new capital markets retrocession agreement with a Tier 1 bank, providing three years of stop-loss protection across both property and casualty (P&C) and life risks.
Insurance rates keep rising in second quarter: Ivans
Auto liability, General liability, P/C Insurers, P/C Pricing, Property, Workers Comp Pricing Marsh & McLennan
IGI to acquire Norwegian MGA Energy Insurance Oslo
International General Insurance Holdings Ltd. (IGI) has signed a non-binding letter of intent to acquire Energy Insurance Oslo AS (EIO), a managing general agency based in Norway.
Q4 commercial insurance rates up 2%, 25th straight quarterly increase: Marsh
Global commercial insurance rates increased by 2% in Q4 of 2023 (down from a 3% increase in Q3), marking the 25th consecutive quarter of rate increases, according to Marsh’s Global Insurance Market Index.
Andrew Preston to serve as Chariot Re CFO
Chariot Re, a Bermuda-based Class E life and annuity reinsurance company, has appointed Andrew Preston as its Chief Financial Officer (CFO), effective October 1st, 2025.
Aspen returns to profit in 2021 as underwriting result improves
Aspen Insurance Holdings Limited has reported a return to profit for 2021 with net income of $29.8 million compared with a loss of $56.4 million in 2020, driven by an improved underwriting performance.
Robin Gordon joins Hippo as Chief Data Officer
Hippo, a home insurance firm, has announced the appointment of data and artificial intelligence (AI) expert Robin Gordon as its new Chief Data Officer.
Amynta buys specialty MGA Ambridge from Brit for $400M
Agents and Brokers, Mergers and Acquisitions Germany, United Kingdom
Crypto staking firm preps LSE listing
In a sector-first, Isle of Man-based crypto staking firm KR1 is planning to list on the London Stock Exchange.
ICEYE raises total of $158m in 2024 with recent $65m funding
ICEYE, a provider of satellite-based disaster management solutions, has closed a $65 million extension of the company’s existing growth funding round of $93 million, announced in April 2024.
Universal renews reinsurance at higher cost with more capacity
Florida headquartered and expansive primary insurance company, Universal Insurance Holdings, has announced that it has successfully renewed its reinsurance coverage at a “modestly” higher cost.













