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Competition on price from traditional markets is weighing on bond market momentum. -
The cedant’s current deal is due to mature at the end of January 2026.
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The executive is charged with defrauding investors out of nearly $500mn.
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Spectrum joins investors ForgePoint, Hudson and MTech.
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Vantage Group Holdings received a BBB- long-term issuer credit rating.
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The tech firm is building a joint stock company with insurers and investors.
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It is understood that CyberCube has been considering a sale of the business.
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Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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Syndicate 1440 was approved to assume business incepting January 2026.
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American Integrity grew GWP by 30% to $287mn and Slide GWP was up 25% to $435mn in Q2.
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The new team will be headed by Brown & Brown’s Ed Byrns.
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Scor's CEO said the P&C market had experienced a “competitive” first half.
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The broker has noted that double-digit reductions are increasingly available in property.
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Matthew Flynn joins from RenaissanceRe.
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Cat bond broking growth contributed to 6% organic growth in reinsurance.
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The measure could have landed insurers with extra tax on US business.
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A group of Bermuda staff also left the broker.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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Last week, TSR updated its forecast and is now predicting above-average storm activity.
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TSR previously predicted activity slightly below the 1995-2024 average.
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The agency forecasts up to five major hurricanes and 19 named storms.
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Fox highlighted the increasing role of alternative capital and creative financial vehicles.
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The targeted uplift comes after Mercury ceded nearly $1.3bn of wildfire losses to reinsurers in Q1.
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The headcount at the start-up now stands at around 40.
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