
Reinsurance

Lockton Re appoints Lewis to head North American cyber practice
Lewis joins from Zurich North America, where he was cyber product leader

Hiscox books record profit in 2023
London-listed carrier reports full-year profits soared to $626m, supported by record investment returns and higher underwriting profits, as the group unveils $150m share buy-back

Aon names Romeo Bermuda reinsurance head
Global broker promotes executive managing director of wholesale treaty to succeed Tony Fox

Dale names Curran head of global property reinsurance
Curran was most recently active underwriter at TMK syndicate 557

Acrisure Re names Hodges executive VP
Hodges joins from Howden Tiger, where he led the broker’s international analytics operations

Heritage seeks $100m in storm cover with Citrus Re catastrophe bond
Bond will provide multi-year coverage against storm losses in Alabama, Georgia, Mississippi, the Carolinas and Florida

IGI expects full-year profits to soar 42%
Bermuda-based re/insurer’s preliminary earnings show operating profit of $133m with gross written premiums up 18% to nearly $690m

Fidelis income rises 90% as premiums surge
Bermuda-based group’s combined ratio climbs 15.2 points to 81.4% on higher major losses

Cyber catastrophe bonds show potential for diversification: CyberCube
Losses ‘far less than perfectly correlate’ across the four recently issued 144A cyber catastrophe bonds, modelling firm says

James River swings to Q4 loss on pending sale of JRG Re
Bermudian specialty insurer posts fourth-quarter net loss of $152m

RenRe to run off AlphaCat business
Property catastrophe-focused ILS investment business has already received redemption requests for ‘substantially all’ funds

Munich Re calls for European cyber backstop
The largest systemic cyber threats were beyond the equity of the market, reinsurance giant's chair says
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