An impending election in the UK might introduce risk to ongoing solvency reform and delay the secondary growth that has been promised

Reforms aim to create a new UK regulatory regime for insurance firms, known as Solvency UK, which is ‘better adapted to the UK insurance market’

China Taiping Insurance turned to the legacy market for its EU business following post-Brexit regulatory changes

Cross-class facility now covers £600m of premium following expansion of original arrangement with Beazley

The emergence of a new breed of data-driven follow facilities suggests the model still has much to offer in the new environment

Lloyd’s performance crackdown is increasing interest in facilities, says Aubert

Too much emphasis is being put on the recent dip in ransomware attack frequency, London market carrier’s head of cyber says

Lloyd’s insurer hires two cyber underwriters from AIG to spearhead re-entry into the class

But premium growth stalls, declining 2% during the year, following years of rapid expansion

Version 1.3 supports the electronic placement of all reinsurance contract types, the standard-setting body said

The platform will combine the convenience of online quoting with the Amwins’ scale and capabilities, the wholesale broker says

By 2050, only 20% of international crisis finance will be pre-arranged, which is 20 years too late, head of the Centre for Disaster Protection says

Companies including Axa XL, Everest and Swiss Re back programme to provide billions of dollars of additional development finance to emerging economies

The Ocean 14 Capital Fund has now passed its €150m target and aims to reach €200m by the end of 2023

Solvency II will apply to firms with £25m gross written premiums, up from £15m in previous iterations

Eiopa quarterly dashboard finds liquidity and funding risks increasing, but cyber and macro risks are falling

Prudential regulator raises concerns models may be too optimistic and miss inflation risks

Florida-based property insurtech sponsors its largest catastrophe bond to date

Insurtech unveils partnership with trade data company TradeAtlas

Initiative aims to bolster innovation and education across the Lloyd’s and Bermuda markets

There are steps insurance firms can take to mitigate the risks of being on the receiving end of unwanted FCA attention

But managing agents and brokers are further from meeting ethnic minority hiring target, latest diversity survey finds

ESG policies can generate lawsuits against companies and their directors where they are too weak, overpromise or annoy conservatives. The US is at the forefront of this wave, but other jurisdictions are catching up

Reinsurers’ focus is now on achieving rates that at least match inflation on a risk-adjusted basis, broker's UK chief executive Ian Kerton says

Industry experiencing a ‘re-baselining’ amid reduced commitment from alternative capital, German reinsurer’s North American chief says

Bermuda-based carrier’s facultative and hybrid business set for growth as global client initiative boosts distribution

Further details about organisation of event to be released in July

With negotiations underway, the reinsurance market must develop a common language for Covid-19 type exposures

By understanding the risk and realistically pricing for the exposure, a mutually beneficial relationship between reinsurer and cedant can be maintained

The extreme rate increases over the past six years are losing momentum, specialty broker says

Gard, NorthStandard and Skuld likely to increase entered tonnage when dust settles, according to market sources

Reinsurance rates remained favourable across regions and lines of business, says chairman, Jean-Jacques Henchoz

Colorado State University forecasters say they expect 11 hurricanes, with five reaching major status

Tropical Storm Risk forecasts 16 hurricanes and 22 tropical storms in 2024

New insurance commissioner says ’we must bring premium relief to Louisiana’