Howden Re highlights reinsurance’s role as a capital tool as prices soften
Insurers should treat reinsurance as a capital management tool rather than simply a form of protection, according to Howden Re, which argues that a softening market presents an opportunity to reassess risk retention and improve returns. “The best performers treat reinsurance as a capital tool, not only as protection,” the broker said in a report…
Drag Race UK Fans Are Just Realising Where They’ve Seen KY Kelly Before
Of all the queens on RuPaul’s Drag Race UK this year, few have sparked quite as much conversation and debate as KY Kelly. From week one of the competition, KY has become known for her live vocals, earning her wins in both the talent show and musical challenges. But what you might not realise is…
Femia to lead newly launched DOXA Re as President
DOXA, a US-based managing general underwriter (MGU) platform, has announced the formation of DOXA Re, a specialty property reinsurance MGU focused on quota share and related proportional solutions for traditional insurers, hybrid carriers and managing general agents (MGAs). “DOXA Re addresses a growing need for specialty underwriting expertise in the quota share reinsurance marketplace. As…
Got Mould? ‘Burping’ Your Home Can Help
In England alone, as many as two million people are living with significant damp and/or mould, according to The UK Health Security Agency (UKHSA). The problem often lies in penetrating or rising damp, which are both structural issues in a building. But a more easily-modifiable reason your house might see more spores is condensation and…
France riots put SRCC accumulation risk in focus for re/insurers: Morningstar DBRS
France’s latest riots are expected to cost insurers no more than €1 billion-€1.2 billion, according to Morningstar DBRS, assuming no further violence. The agency says the unrest reinforces the need to treat strikes, riots and civil commotion (SRCC) as an accumulation risk requiring dedicated pricing, limits and reinsurance. The latest wave of unrest comes against…
Strictly Come Dancing’s Bethany Antonia Reacts To Surviving Dance-Off
Strictly Come Dancing star Bethany Antonia has insisted she’s keeping it positive after winding up in the dance-off for the first time. During Saturday’s live show, Bethany and her professional partner Nancy Xu came third from the bottom in the judges’ leaderboard. However, after Dani Dyer was saved by the public’s votes, the House Of…
BHSI appoints Carsten Keune as Country Manager for Poland
Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, has appointed Carsten Keune as Country Manager for Poland, marking its entry into the Polish market. BHSI’s entry into Poland aligns with the insurer’s long-term commitment to support regional businesses with local underwriting expertise, responsive claims service, and specialised insurance solutions backed by…
What The Hell Is Happening In France – And Could It Happen In The UK?
France was rocked by hundreds of thousands of people protesting on Saturday as furious demonstrators called for major reform. Some of the peaceful marches descended into riots, with looting and arson erupting at the sidelines. Approximately 1,200 people were arrested as tensions worsened throughout the day, and several areas across France are now expected to…
E+S Rück sees growth opportunity in well-structured frequency protection, says CEO
Thorsten Steinmann, CEO of E+S Rück and Member of the Executive Board for Hannover Re, said he sees structured solutions as a growth area, with demand increasing for frequency protection and aggregate covers, but stressed that the firm’s appetite for this business depends on adequate margins and well-structured programmes. This afternoon, E+S Rück, the Hannover…
Ray Lei named Product Proposition Lead for Greater China, Markel International
Markel International has expanded its Asian leadership team with the appointment of Ray Lei as Greater China Product Proposition Lead. In her new role, Lei will work closely with teams across the region to strengthen product proposition, support the firm’s brokers and clients, and help drive the next phase of growth in Greater China. She…
