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ILS, sidecars and investor appetite.
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Selective Insurance Names Vaibhav Kalia Chief Investment Officer
2+ day, 5+ hour ago (101+ words) The Joplin Globe - Download the Globe app to my phone or tablet Joplin police solve series of car thefts, arrest 5 juveniles SELECTIVE INSURANCE NAMES VAIBHAV KALIA CHIEF INVESTMENT OFFICER SHORT HILLS, N.J.--(BUSINESS WIRE)--Oct 6, 2026-- Selective Insurance Group, Inc. (Nasdaq: SIGI)…...
AXA XL Launches Dedicated E&S Carrier
6+ day, 9+ hour ago (410+ words) The new legal entity will serve wholesale brokers exclusively, with Guidewire becoming its policy administration platform beginning in 2027. AXA XL (New York) has launched AXA XL Excess & Surplus Lines Insurance Company (AXA XL E&S), a dedicated legal entity focused exclusively…...
Insurance regulator limits buying of foreign reinsurance
1+ week, 4+ day ago (655+ words) The Insurance Regulatory Authority (IRA) has tightened rules on offshore reinsurance, requiring insurers to first exhaust local capacity before seeking approval to place Kenyan risks with foreign reinsurers. In a circular, the IRA said the increase in the mandatory reinsurance…...
Miller's new contingency hire lands as reinsurers pull back from the class
1+ week, 6+ day ago (302+ words) insurancebusinessmag.com Miller has appointed Katie Murrell as Director of Sport, Entertainment, Corporate & A&H, adding specific Contingency insurance expertise to its Sport & Entertainment team at a moment when reinsurance capacity backing that exact class shows signs of contracting. Murrell…...
What Q3 reinsurance renewals mean for ceding clients terms
2+ week, 11+ hour ago (63+ words) Insurance Business In the latest edition of Reinsurance Business TV, representatives from Acrisure Re and Gallagher Re look at the impact of falling property-cat rates on ceding client terms. They also examine the competition between catastrophe bonds and traditional reinsurers,…...
Airline insurers turn more selective ahead of Q4 renewals
2+ week, 3+ day ago (376+ words) Airline insurance capacity remains plentiful heading into the year’s busiest renewal period, but underwriters are becoming more selective about where they put it. That shift is sharpening the divide between risks. WTW’s Q3 Airline Insurance Outlook found competition remains healthy across…...
Tower cuts reinsurance costs while increasing catastrophe cover
2+ week, 3+ day ago (657+ words) Tower Limited (NZX/ASX: TWR) has completed its reinsurance programme for the financial year ending September 30, 2027, with the company’s reinsurance cost ratio falling for the second consecutive year and its catastrophe cover reaching a new high. Tower’s reinsurance premium expense…...
Renewals season inspires insurers to consider new opportunities
4+ week, 4+ hour ago (455+ words) As insurers and reinsurers gathered in Monaco for the annual Rendez-Vous de Septembre (Sept. 5-9) to discuss market trends and set upcoming renewals, two reinsurers and an affiliate research institute sent out dispatches. They noted the risks posed by artificial intelligence…...
Rising liability estimates are reshaping aviation insurance renewals
4+ week, 14+ hour ago (675+ words) Aviation insurers are recalculating how much a single passenger death could cost them, with higher liability assumptions feeding through into capacity and pricing at airline renewals. According to Nigel Weyman (pictured), global executive - aerospace at Gallagher in London, the shift…...
The 30-day renewal is dead — why brokers are starting earlier than ever
4+ week, 1+ day ago (721+ words) Some commercial insurance brokers are beginning renewal discussions as much as five months before expiry as persistent casualty pressures raise the stakes around submission quality and carrier engagement. The extended timeline reflects an increasingly divided market. Average US commercial insurance…...