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Combined gross liabilities of the non-life insurance run-off market reached an estimated $2.57 billion in 2026 year to date, driven by 18 publicly announced deals across eight acquirers, according to data from PwC. The YTD figures demonstrate a robust recovery following a slow start to the year. Only two run-off transactions were made public during…
Anthony Cordonnier, Global Co-Head of Cyber, Managing Director at reinsurance broker Marsh Re, said a meaningful shift that is beginning to appear is a willingness among some buyers to explore higher cessions at the 1 January 2027 cyber renewals. In an interview with Reinsurance News around the annual meeting of the reinsurance industry in Monte…
When you hear ‘smile for the camera’ you think it will be in front of your face, not in your mouth. But Dyson’s new electric toothbrush is changing that one brush at a time. If you thought brushing your teeth was as simple as bristles and paste, think again. The £419 (woof) toothbrush is no…
There’s truly nothing better than a clean house. But if I’m being really honest, I hate vacuuming so much, I rarely do it. Don’t even get me started on mopping. Yes, mum, I know that’s really bad. Like loading and emptying the dishwasher, though, it seems to be a never-ending cycle. Something about my flat…
Rob Reiner was among the winners at the Creative Arts Emmys on Sunday evening. The late actor and filmmaker, known for helming hit films like When Harry Met Sally, Misery, This Is Spinal Tap and The Princess Bride, was stabbed to death at the end of last year, alongside his wife, the photographer Michele Singer….
At the 68th annual meeting of the reinsurance industry in Monte Carlo, Swiss Re, an industry giant has emphasised that growing natural catastrophe risk remains a significant driver of reinsurance demand. Insured natural catastrophe losses continue to follow a 5–7% annual growth rate, driven by increasing exposures, rising asset values, and changing hazard patterns, stated…
Speaking at PwC’s annual breakfast briefing during this year’s RVS in Monte Carlo, Paul Brand, Chief Executive Officer of international specialty insurer and reinsurer Convex, suggested that carriers with relevance, resilience and efficiency do absolutely fine during this phase of the cycle. Brand’s comments point to a widening gap in performance between companies as market…
Critical infrastructure clauses in cyber insurance are inconsistent across the market, creating uncertainty for insurers, reinsurers, brokers and policyholders, according to a report by Lockton Re, the reinsurance business of Lockton. Critical infrastructure presents systemic exposures for the cyber market. Those exposures span utilities, telecommunications and financial infrastructure, and sit beyond the scope of the…
Netflix has finally confirmed that the wheels are in motion on a new instalment of The Inbetweeners. Rumours had been circulating for the past month that the cult Channel 4 comedy was being revived by the streaming giant, and on Monday morning, they confirmed their plans in a fitting fashion. In a 40-second teaser, the…
While markets and risks shift, reinsurance giant Munich Re’s commitment to disciplined underwriting, long-term partnerships and reliable capacity remains, according to Christa Schwimmer, Chief Executive for Specialty Reinsurance, Lloyd’s and Bermuda. Schwimmer took on her current role at the beginning of last year, and overseas Munich Re’s Specialty Reinsurance platform, which covers the global marine,…