Aon sees ‘more flexible’ reinsurance market in 2027 as capital hits $800bn

Aon’s Mike Van Slooten has suggested the reinsurance market will become “more flexible” in 2027 as global reinsurer capital reaches a record $800 billion, with strong sector profitability continuing to support capacity and giving buyers greater scope to reassess their programmes. Van Slooten, Head of Market Analysis, Reinsurance at Aon, made the comments during an…

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Reinsurers maintain cautious approach to data centre accumulation risk: Arrivé, Fitch

Manuel Arrivé, Head of EMEA Reinsurance Ratings at Fitch Ratings, said the growth of data centres and digital infrastructure in general presents both an opportunity and significant risk for reinsurers due to potential exposure, accumulation risk and modelling challenges. During Fitch’s 2027 Global Reinsurance Outlook webinar, Arrivé noted that reinsurers tend to take a very…

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Swiss Re sees cyber insurance growth opportunity as AI and rising risks reshape market

Swiss Re, the global reinsurance company, has examined how evolving cyber threats and gaps in insurance protection are influencing the market and its prospects for future growth in its latest analysis of the cyber insurance sector. Swiss Re’s assessment suggests that while the factors driving growth within the cyber insurance market have changed relatively little…

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MS Transverse expands board

MS Transverse, a specialty insurance platform that works with programme administrators and managing general agents (MGAs), has strengthened its Board of Directors with the appointment of Michael Angelina, Bryan Sanders and Kevin Traetow. The company said the three appointments add significant experience in specialty insurance, reinsurance, actuarial work, underwriting and strategic management to its board…

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Descartes and Generali renew strategic parametric partnership

Descartes Underwriting, a global provider of parametric re/insurance solutions for climate and emerging risks, and Generali Global Corporate & Commercial (GC&C), the business unit of Generali Group that provides insurance solutions and services to medium-large companies, have renewed their long-term strategic partnership. Building on their collaboration, which began in 2019, the agreement establishes a long-term…

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domusIQ launches global underwriting business led by Donald Harrell

domusIQ Inc, an AI-powered analytics platform for commercial real estate, has launched domusIQ Risk Holding (Bermuda), a global risk, advisory and capital services business providing data-led, technology-enabled risk management and insurance solutions to commercial real estate owners worldwide. Donald Harrell will lead domusIQ Risk Holding (Bermuda) as Global Chief Executive Officer, Insurance. Harrell brings more…

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