Middle East: Wary reinsurers adjust Nat CAT coverage

Published on May 1, 2024
International reinsurers are starting to categorise the Middle East as a Nat CAT hot spot, given the increased frequency of natural hazards in the region in recent years, according to Apex-Egypt
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Canopius Re hires DeCouto & Morgan as CUO & CFO in Bermuda

May 1, 2024
Global specialty lines re/insurer Canopius has bolstered its senior leadership team in Bermuda by hiring Jesse DeCouto as Chief Underwriting Officer (CUO) and Tonia Morgan as Chief Financial Officer (CFO) of Canopius Reinsurance Limited (Canopius Re).According to the announcement, Morgan takes up her new role on July 1, succeeding Teresa Gallant, while DeCouto joins the business on September 1, in

Florida market anticipated to be healthy at upcoming June renewals: Arch CEO

May 1, 2024
Commenting on the upcoming June reinsurance renewal in Florida, Marc Grandisson, President, and CEO of Arch Capital Group, expects the state’s market to be “well priced” and “very good” on a risk-adjusted basis.As covered by our sister publication Artemis back in April, according to an array of data, Florida domestic market property insurance companies are set to experience improving performance,