Travelers will scale down the retention on its property catastrophe reinsurance treaty by $1bn to $3bn – although the aggregate protection still sits relatively far out in the tail compared to peer ...

S&P Global Ratings has raised its long-term issuer credit and financial strength ratings on Lancashire’s core (re)insurance operating subsidiaries to A from A-. It has also raised the long-term issuer ...

The anticipated softening of the specialty reinsurance market is accelerating ahead of expectations as the market enters the closing stages of 1 January discussions, sources told Insurance Insider.

Miller has hired Price Forbes’ Lyndsey Bauer to join its cyber team, this publication can reveal. It is understood that she will take on a senior role within Miller’s cyber team. Bauer is currently ...

In other big news, AIG and Amwins, with the backing of Blackstone, will launch Syndicate 2479 on 1 January, which will initially underwrite $300mn of “a broad and highly diversified cross section” of ...

The $400mn cat bond is Farmers’ largest to date and provides protection against named storms, earthquakes, severe weather and fire in the US. David Filtness has joined MGA Amiga Specialty as managing ...

Global specialty underwriter and reinsurer Everest today announced two senior leadership appointments within its global wholesale and specialty (GWS) insurance division. Paul Trueman has been promoted ...

Expectation is building in the London market that the original plan for a “big bang” switchover to a re-platformed Velonetic in 2028 could be dropped in favour of a more gradual approach, Insurance ...

The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.