Munich Re Specialty launches Lloyd’s construction rescue cover
New product targets tunnelling and underground infrastructure projects, funding rescue and crisis response costs following catastrophic incidents
Latest updates
MS Amlin expands cyber portfolio with Jomaa and Tigleanu hires
Senior appointments will support the Lloyd’s insurer’s expansion in direct cyber as it targets a larger position in the class
OpEd: Offshore wind – A hundred identical things
Offshore wind is being insured on a wording built for something else, Russell Pulver writes, and the serial-loss exposure that follows cannot be read off the page
Willis Re agrees acquisition of BMS Re US in ‘transformational’ expansion
Reinsurance broker deal will establish Willis Re with an operational presence in the US, while BMS retains its UK, Latin America, Bermuda and global facultative reinsurance businesses
AM Best’s top 50 reinsurers: Profitability holds firm as softer market gathers pace
Munich Re reclaimed top spot among IFRS 17 reinsurers while Lloyd’s led non-IFRS reporters, as AM Best warned abundant capital is increasing competitive pressure
Envelop to launch Syndicate 1925 at Lloyd’s
Cyber reinsurance specialist will transition SPA 1925 into a full syndicate from January 2027, creating scope to expand into casualty and specialty lines
Fidelis Partnership prices $2.04bn refinancing
New Term Loan B cuts TFP’s cost of debt by 225 basis points as the business secures inaugural public credit ratings
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