All articles by Katie Scott
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NewsRisk modelling presents opportunity to plug protection gaps – Verisk
Data from risk models could be used to show reinsurers where to ‘spread their capacity’ – or shine a light on ‘over exposed’ areas that firms should instead pull out of
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NewsDoes Sompo’s ‘shock’ purchase of Aspen signal a new wave of reinsurance M&A?
Following a stagnant period of acquisition activity in reinsurance, ‘inorganic growth’ could now be ‘possible and desirable’ thanks to excess market capital and a drive for diversification
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NewsMGAs are ‘at the forefront of innovation’ and could be the next ‘huge success story’ for reinsurance – AM Best
Expert believes that reinsurers need to be looking for the next growth area to engage in and steer, following the trajectory of the profitable cyber insurance market
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IT InterviewMandy Hunt: The leader steering Clear Group’s MGA ambitions from ‘outside my comfort zone’
The broker and insurer alumnus is now firmly in the MGA market, with big plans around post-acquisition rebranding and new business incubation set to be delivered in the next 12 months
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NewsGrowth in a soft market should not be labelled as ‘inherently bad’ – Gallagher Re
Although reinsurance rate growth is experiencing a slowdown, other levers – such as acquisitions or managing risk exposure – can help to bolster business growth during 2025’s softer market conditions, says broker experts
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NewsCat bonds see ‘record issuance’ in 2025’s H1 as alternative capital comes out of hibernation – Moody’s Ratings
The use of alternative capital models in the first six months of this year has already exceeded 2024’s full-year total, says credit rating agency
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NewsCarriers’ cyber confidence sees new product creation continue ‘at a rapid pace’ – Gallagher Re
Regional carriers in the international market are ‘looking to set up a new cyber product for one or more of personal lines, SMEs or large corporates’, says chief commercial officer
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NewsPersonal lines broking boss Nicola George to depart Allianz in October
Insurer has started the search for George’s replacement, however home insurance leader will fill the post on an interim basis
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NewsAon promotes internally for head of professional services role in broking function
The ‘appointment underscores the growing momentum within Aon’s broking capabilities’, says head of financial and professional services group
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NewsSompo spends $3.5bn to buy Aspen as part of diversification plan
‘Strategic acquisitions have been a key part of our growth plan to build a robust and diversified global P&C platform – and Aspen represents an excellent opportunity at the right time in the market cycle,’ says insurer’s P&C boss
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NewsMarkel UK has ‘very ambitious plan’ to boost eTrading service following disjointed broker scores
UK managing director says the gap between digital and underwriter led broker service presents ‘a huge opportunity’ for the insurer
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IT InterviewLee Mooney: New UK boss gearing up to ‘change the pace’ at Markel
Rather than ‘reinvent the wheel’, managing director plans to tap into global group expertise to increase insurer’s ‘share of wallet’ with brokers and ‘dial up the pace’ on product and people volume
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NewsUnderwriting ‘elephant in the room’ is hampering ‘free flowing business’ – QRG Specialty
Plus, ‘inflexible’ Syndicate Business Forecast reporting could see firms declining income opportunities, says head of reinsurance and broking
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NewsHiscox attributes 6% retail growth to ‘reinvigoration of our distribution’
Group underwriting officer says ‘distribution has been key’ to insurer’s retail growth in first six months of 2025, alongside digital capability investments and a brand refresh
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NewsHiscox plans raft of new product launches for 2025’s H2
The insurer is currently crafting numerous products to launch by year-end, as well as maintaining its hunt for suitable broker scheme opportunities, says chief underwriting officer
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IT InterviewTom Downey: Pen Underwriting aims to be £1.75bn GWP business by 2030
Despite a raft of new product launches this year, the MGA’s chief executive anticipates that the majority of the firm’s GWP growth will come from ‘thoughtful’ acquisitions
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News AnalysisGreater appetite around reinsurers ‘rolling the dice’ on ‘immature’ cyber market
Softer market conditions are encouraging diversification strategies – however, the challenge and opportunity see-saw of branching into emerging risks presents a tightrope for reinsurers to navigate
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News‘Inherent inconsistency’ in trapped capital and retrocessional capacity could cause ‘knee jerk’ prices
‘If a substantial percentage of the retrocessional capacity is not able to renew, you’ve got an instant supply problem,’ explains head of reinsurance and broking
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NewsRegulated firms report FCA and PRA performance improvement – LMG
‘The service delivered by both regulators has taken a significant step forward over the past year,’ says trade body chief executive
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NewsMore than 10,000 fire damage claims invalidated due to lack of smoke alarm
Price comparison site estimates that policyholders may have missed out on £16.7m of claims payouts due to smoke alarm negligence
