The Insurer’s Post

EXCLUSIVE: Coalition in M&A talks with Envelop Risk for cyber reinsurance entry Learn more👇 https://lnkd.in/gpM7UzYW Amid predictions that 2024 may see a flurry of transactions among cyber MGAs, Allianz-backed Coalition, Inc. has entered talks with leading reinsurance MGA and modelling firm Envelop Risk, The Insurer can reveal. #insurance #reinsurance #cyber #mga #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

“In the short term, insurers and reinsurers – which are essential participants in that MGA/MGU business – are again asking themselves questions as to the performance of this product long term.” - David Grigg, US Cyber Reinsurance Leader at Aon’s Reinsurance Solutions Within the cyber market, there's been an uptick in interest from MGAs and MGUs - and while pricing momentum has turned downwards, a renewed focus on microsegmentation and building sustainable, profitable portfolios could create an interesting dynamic and influence the market as a whole. Read the full article from Cyber Risk Insurer below. #cybercat #cyberrisk #reinsurance

Check out this week's #GeneralInsurance newsletter: https://bit.ly/4bOgTqd It includes Marsh's Q1 2024 cyber insurance report, Bondaval's new reinsurance vehicle 'Bondaval Re', to support future growth and enable the company to collaborate directly with reinsurers and insurers, plus key advice from NIG on how to become cyber resilient. #IDEXConsulting #GeneralInsurance #News

'Sufficient reinsurance and ILS capacity has allowed the cyber market to continue to grow. While we don’t see any signs of this dissipating, further comfort around systemic risk modelling will be required to unlock the necessary capacity from reinsurers and capital markets to support long-term growth in the cyber market'. https://lnkd.in/ge7ePx8G

ILS Expected to Continue to Expand into New Perils ILS becomes less viewed as an “alternative” capital and has become a standard consideration for insurers and reinsurance whilst new perils, like cyber and terrorism, are expected to continue to grow, said Philipp Kusche, Global Head of ILS & Capital Solutions, Howden Capital Markets & Advisory, at the Insurance Insider ILS Conference in London. 🎥 Watch the full interview here: https://bit.ly/4byugKH In Partnership with Howden #InsuranceInsidernews #insurance #reinsurance #LondonILS2024

🎥 Cyber reinsurance market shifts focus as resilience grows and cat bonds surge The cyber reinsurance landscape is seeing major shifts as insurers prioritise resilience and profitability, while innovative tools like cyber catastrophe bonds bring fresh capacity into the market... https://lnkd.in/guVGKYY2 Erica Davis | Anthony Cordonnier | Guy Carpenter | George Abbott #TheInsurerTV #ReinsuranceMonth #ILS #cyber #reinsurance #reinsuranceinterview #reinsurancemarket #reinsurancenews

With our #SeriesA momentum, we're working to ensure reinsurance buyers have the tools they need to make smarter portfolio allocation decisions. Imagine being able to assess exposures and reallocate capacity dynamically. Whether it's more cyber, casualty, or another line of business - up to and/or during renewals. 🔗 Watch the full interview: https://lnkd.in/gM4WNF5t #Reinsurance #InsurTech #DataDriven Ben Livvie Tom Ellie Jess Jaeton Ryan Jezen #PortfolioManagement #RiskManagement Spencer The Insurer TV The Insurer

CrowdStrike outage an opportunity for re/insurance market to react and improve: Aon - Reinsurance News: CrowdStrike outage an opportunity for re/insurance market to react and improve: Aon  Reinsurance News #CyberSecurity #InfoSec #SecurityInsights

Issuance of cyber catastrophe bonds took off in Q4 of 2023, with four carriers securing more than $400m of coverage – more than five times what the capital markets had provided prior to the quarter. https://hubs.li/Q02fN8Qx0

This week's General Insurance newsletter is live. Highlights include Coalition, Inc.'s new cyber threat index, an overview of cybersecurity trends in 2023, Ascot Group's new marine and energy treaty reinsurance division and QBE Insurance's gender and ethnicity pay gap report for 2023. Read more here: bit.ly/49MlRlI #IDEXConsulting #generalinsurance #news