Fortitude Re’s Post

Hear how Supercede did during the 2024 January #renewals. Things are going pretty well: 🚀 Record Growth: An impressive milestone for us - over $60 billion in underlying premium was processed through our platform, a HUGE increase from last year’s $24 billion. 🤖 Digital Advancement: A major factor in this success was the dramatic rise in digital submissions, we experienced >200% increase in digital submissions from #cedents. 💼 Reinsurer Participation: The push towards digital was more pronounced on the reinsurer side with Nearly 200 reinsurance markets are now actively utilising the platform. #ReinsuranceInnovation #DigitalTransformation #InsuranceTech #InsurTech #ReinsuranceMarket Tom Jerad Ben Livvie Jess Annegret Jezen Jaeton George #Underwriting #InsuranceIndustry #FinTech #InsuranceDigitalization #InsuranceDigitalisation

Following the news that Aspen Insurance Group and Accelerant have paused #IPO plans, and with new data out on #Insurtech fundraising in #Q1 from Gallagher Re, I thought to summarise capital raising in the P&C #insurance sector year-to-date. #ILS and cat bond fund raisings are running at a record pace, while the data below likely misses some private market activity (such as Aspen and PIMCO's collateralised casualty reinsurer, Pando Re, and The Fidelis Partnership's new Lloyd's syndicate, largely funded by Lloyd's members). Note the chart below is not a measure of growth in industry available capital - retained earnings ytd have been sizeable, while dividends and buybacks have also grown. Please do comment if there is an IPO that I have missed! I hope I have! Hard not to conclude that M&A will at some point pick up the slack for unenthusiastic equity investors...Table below USD millions. Sources: https://lnkd.in/ebgXA9CZ, Cat bond & related ILS market hits record size at over $47bn, up 5% so far this year - Artemis.bm https://lnkd.in/ex6icp_8

Ontario-based W.N. Atkinson Insurance and Alberta-based Broker Age Corporation, including Broker Age General Insurance and Whitecourt Insurance. These brokerages joined BrokerLink in December, bringing our total number of acquisitions to 20 this year! Learn more about our latest acquisitions at https://lnkd.in/gS64HRtK #BrokerLink #DiscoverBrokerLink #InsuranceBrokerage #InsuranceNews

In this video interview with The Insurer TV, Guy Carpenter’s Max Aronchick, InsurTech Center of Excellence Leader, discusses how reinsurers are interacting with insurtechs, and how Guy Carpenter helps insurtech clients with analytics and collaboration.

File this under "I," for "Interesting..." Prudential Financial has partnered with private equity firm Warburg Pincus LLC, to launch a new reinsurer. I speculate that Pru is jumping into the Bermuda Triangle. It will be interesting to see how Prismic Life Re affects their sales momentum. #BermudaTriangle #Annuities #PrivateEquity #Reinsurance #IntelRockstar

In this video interview with The Insurer TV, Guy Carpenter’s Max Aronchick, InsurTech Center of Excellence Leader, discusses how reinsurers are interacting with insurtechs, and how Guy Carpenter helps insurtech clients with analytics and collaboration.

Oxbow Partners have just released a suite of insight and strategic planning tools for P&C reinsurers. Our Reinsurance Insights Tools provide reinsurance leaders, underwriters and strategists curated insights at the click of a button. Our three tools complement each other to deliver insights on competitor performance, portfolio benchmarking and key cedent moves. - Competitor Insights allows executives to compare the performance of reinsurers in the market accounting for c.$170bn of P&C premium (2022) - Portfolio Insights allows reinsurance executives to quickly learn about their cedents’ portfolios, identify where there are profitable segments or clients in the market, and benchmark their own portfolios. - Cedent Insights provides underwriting teams with insight into the key cedents around the world, providing leverage to internal marketing teams. To find out more and request a demo, please visit our website: https://lnkd.in/er7PV24a Also see our article: https://lnkd.in/eUnunAG3 #reinsurance #competitoranalysis #portfolioinsights #portfoliobenchmarking #pandcinsurance #cedentinsights #reinsurers #competitorinsights

There is a reason that Swiss Re is the oldest independent reinsurer still in operation. As risks and our clients’ needs have evolved, we evolved with them. After 160 years, our purpose endures: To make the world more resilient.

Sidecars have emerged as an innovative method for reinsurers to transfer risk and raise capital – while providing an investment opportunity for those with the appetite for it. But what are the pros and cons of sidecars for investors and reinsurers? Learn more here: https://okt.to/ImiluN #Sidecars #Insurance #RiskTransfer #InsuranceLinkedSecurities #ILS #FinancialServices #SPVs

In this video interview with The Insurer TV, Guy Carpenter’s Max Aronchick, InsurTech Center of Excellence Leader, discusses how reinsurers are interacting with insurtechs, and how Guy Carpenter helps insurtech clients with analytics and collaboration.