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Howden Re and Synthetik launch dedicated SRCC analytics capability, UNREST

Howden Re, the reinsurance, capital markets and strategic advisory business of Howden Group, and Synthetik Insurance Technologies, a leader in modelling political violence and terrorism perils, have launched UNREST, an analytics tool to better manage strikes, riots and civil commotion (SRCC) risk, through an exclusive partnership. Built on the heels of Synthetik’s srccQuantum, UNREST is…

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QBE completes sale of Global Trade Credit and Surety unit to Swiss Re Corporate Solutions

QBE Insurance Group, an Australia-headquartered international general insurance and reinsurance company, has announced the completion of the sale of its Global Trade Credit and Surety operations to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group. The transaction, originally announced in February 2026, transfers the unit’s operations across Australia, New Zealand,…

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ASR maintains underwriting discipline while targeting developing market opportunities: CUO Malterre

Africa Specialty Risks (ASR) is maintaining its risk appetite and underwriting discipline ahead of the 1 January 2027 renewals, while seeing opportunities to meet demand for specialist capacity and products across developing markets, according to Chief Underwriting Officer (CUO) Eric Malterre. In an interview with Reinsurance News around the annual meeting of the reinsurance industry…

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Gallagher Re estimates €2.5bn in August Western Europe SCS & hail losses

From 24 to 28 August, severe convective storm (SCS) outbreaks caused extensive damage across multiple European countries, with the most severe weather occurring between 27 and 28 August and industry losses anticipated to approach EUR 2.5 billion, according to global reinsurance broking and advisory firm Gallagher Re. Between 24 and 26 August, a low-pressure system…

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Gallagher Re estimates EUR 2.5bn in August Western Europe SCS & hail losses

From 24 to 28 August, severe convective storm (SCS) outbreaks caused extensive damage across multiple European countries, with the most severe weather occurring between 27 and 28 August and industry losses anticipated to approach EUR 2.5 billion, according to global reinsurance broking and advisory firm Gallagher Re. Between 24 and 26 August, a low-pressure system…

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Bermuda-based Compre extends Renewable LPT agreement with French insurer Wakam

Compre, an international speciality reinsurance group based in Bermuda, has renewed its Renewable Loss Portfolio Transfer agreement with French insurer Wakam. Initially completed in 2025, the original deal covered approximately €140 million of reserves as at 31 December 2024, focusing mainly on UK and French motor and property insurance liabilities for 2024 and prior. The…

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