RenaissanceRe and Arch Capital Estimate Impact of Q3 Natural Catastrophes October 13, 2021 RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on...
Reinsurers Show Strong Profits During 2nd Half, Rebounding from 2020’s Challenges July 30, 2021 By L.S. Howard The first half financial results, reported by a group of six reinsurers over the past week, generally show a strong...
8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker June 21, 2021 Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that...
Industry Underestimating COVID-19 Biz Interruption Losses: RenRe CEO January 29, 2021 By Susanne Sclafane During an upbeat earnings call focused on how RenaissanceRe is using $1 billion of capital it raised last year in...
RenaissanceRe Creates Environmental, Social and Governance (ESG) Strategic Areas January 13, 2021 RenaissanceRe Holdings Ltd. has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy: Promoting...
Global Re Forum Taps PartnerRe’s Clarke as Chair, Hannover Re’s Henchoz as Vice Chair June 8, 2020 The Global Reinsurance Forum (GRF) has appointed Emmanuel Clarke, president and CEO of PartnerRe for a two-year term. He succeeds...
AXA Liabilities Managers to Acquire RenaissanceRe (UK) Limited in Runoff February 4, 2020 AXA Liabilities Managers has agreed to acquire RenaissanceRe (UK) Limited, a company currently in runoff, from RenaissanceRe Holdings Ltd. Formerly...
Is the Re/Insurance Industry Ready for the Fourth Industrial Revolution? January 29, 2020 By L.S. Howard Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to...
Beazley and RenaissanceRe Launch Cyber Catastrophe Cover Backed by Capital Markets January 9, 2020 Specialist insurer Beazley and reinsurer RenaissanceRe have jointly launched a product that provides Beazley with additional catastrophe cover for cyber...
Quantemplate, Insurtech Provider of Cloud-Based Data Services, Raises $12M November 1, 2019 Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its...