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Our Programme was shortlisted for the AXCO’s Global Insurance Awards’24

Phoenix CRetro is delighted to be shortlisted for the Axco Global Insurance Awards in the Best Training Initiative in Global Risk category. Now its 2nd year, the Axco Global Insurance Awards celebrate the outstanding achievements, innovation and collaboration of the insurance ecosystem managing complex global risk. Following a thorough judging

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World Bank to scale-up access to catastrophe bonds and reinsurance capital

The World Bank announced a significant expansion of the use of catastrophe bonds, reinsurance and instruments such as parametric risk transfer for countries exposed to large-scale disasters, with an ambition to embed catastrophe insurance and risk transfer instruments more deeply into its financing operations. The World Bank’s position on the

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Descartes expands parametric solutions beyond cat, with first cyber offering

Demonstrating its appetite to deliver parametric insurance and data-driven risk transfer solutions beyond natural catastrophe, weather and climate risks, specialist Descartes Underwriting has launched its first parametric cyber offering. The company said today that it intends to build on its successful parametric offerings, which have been naturally focused on catastrophe

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Jireh Connect facilitates first industry loss warranty (ILW) placement

Jireh Connect, a technology platform that targets helping brokers place risk more efficiently with reinsurance and risk capital providers and manage the process more effectively, has announced the completion of its first placement, an industry loss warranty (ILW). Jireh Connect has been launched by well-known Bermuda-based insurance-linked securities (ILS) market

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Securing access to capital a key differentiator for 2024: Howden

While almost every market observer and industry analyst are expecting reinsurance capital levels to increase in 2024, broker Howden has highlighted that actually securing access to capital will be a key differentiator for market participants, as not everyone is expected to be successful. Over the last few years, capital raising

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