Reinsurance News
Hyperion X
HX targets further growth with Asia launch
18th May 2021
HX, the data and analytics division of Howden Group, has launched in Asia to bring its capabilities directly to clients and carriers in the Asian market. HX Asia will be based at the Group's regional headquarters in Singapore, enabling it to deploy its data, analytics and technology capabilities directly to the ... Read the full article
Hyperion secures up to $1.5bn for growth via Hg investment
30th September 2020
Hg, a leading European investor in software and tech-enabled services businesses, is set to make a significant long-term equity investment in insurance intermediary Hyperion Insurance Group Limited, a transaction which values the business at an enterprise value of approximately $5 billion. Together with an additional debt raise and existing resources, the ... Read the full article
Hyperion X adds Guy Carpenter’s Julian Alovisi as Head of Research
29th September 2020
Hyperion X Analytics, the analytics and advisory specialist unit of the Hyperion Insurance Group, has appointed Julian Alovisi to the newly created role of Head of Research. In this role, Alovisi is set to lead the firm's differentiated research and thought leadership function at a time of great change across the ... Read the full article
COVID-19 looking more like an earnings event than a capital event: David Flandro
24th August 2020
Speaking during a recent second quarter earnings update, Hyperion X's David Flandro outlined a belief that COVID-19 is looking more like an earnings event than a capital event, despite the sizeable difficulties remaining for the re/insurance sector as a result of the pandemic. Flandro, noting how reinsurers have taken a larger ... Read the full article
Hyperion X reports peak rate increases of 20% at July renewals
10th July 2020
Hyperion X, the data and analytics specialist unit of the Hyperion Insurance Group, has reported pricing improvements of between 0% and 20% at the July renewal. Following a conversation with Hyperion X executives David Flandro and Nick Griffiths, Morgan Stanley noted that magnitude of rate improvement in July was below the ... Read the full article
Property catastrophe reinsurance rates rise 26% at June 1st: Hyperion X
2nd June 2020
Data from Hyperion X Analytics reveals that property catastrophe reinsurance rates-on-line increased by an estimated 26.1% at the June 1st, 2020 reinsurance renewals. The company has released its June 1st property cat rate-on-line index, which indicates average risk-adjusted rate increases of 26.1%. Prior to the COVID-19 pandemic, reinsurance rates were expected to ... Read the full article
Pre-COVID-19 structural factors to influence reinsurance renewals: Flandro, Hyperion X
19th May 2020
While the COVID-19 pandemic will undoubtedly have an influence on upcoming renewals for insurers and reinsurers, for the latter, the broad structural factors that have been in place prior to the outbreak cannot be ignored, according to David Flandro, Managing Director at Hyperion X. In a recent video interview with our ... Read the full article
Hyperion X upgrades digital platforms to support remote working
23rd April 2020
Hyperion X, the data and analytics specialist unit of the Hyperion Insurance Group, has launched an upgrade to its digital platforms to support higher demand for remote working. The firm reported that it has experienced record demand across multiple areas of trading as the market undergoes rapid change in the midst ... Read the full article
Hyperion X and Vario partner on collateralised, whole account reinsurance cover
1st April 2020
Hyperion X, the technology and analytics division of Hyperion Insurance Group, has partnered with Vario Partners LLP on the delivery of collateralised, whole account stop-loss reinsurance protection cover to clients. Vario Partners is an innovator in collateralised reinsurance structuring and its risk transfer mechanism is designed to improve regulatory solvency ratios, ... Read the full article
Hyperion posts 11% organic growth in 2019
21st January 2020
Hyperion Insurance Group Limited has reported revenue of £725 million (USD 943 million) for the year ended 30th September, 2019, and 11% organic growth. The company has noted that it closed the financial year with strong performances across all business segments, which helped it record an 11% jump in revenue when ... Read the full article
Hyperion X bolsters leadership team with three hires
21st January 2020
Hyperion X, the data and technology focused unit of Hyperion Insurance Group, has announced a series of key leadership appointments. Mark Shumway, who joined the firm late last year as head of strategic advisory, becomes head of advisory. He was recently employed by reinsurance broker JLT Re as the firm’s ... Read the full article
Property cat rates stable amid varied 1/1 renewal: Hyperion X
2nd January 2020
Pricing for property-catastrophe reinsurance remained fairly stable at the January 2020 renewals, with rates-on-line rising 0.8% on average, according to Hyperion X, the data and technology focused unit of the global Hyperion Insurance Group. The firm noted that property-catastrophe pricing was stable despite more varied results in other lines, including significant ... Read the full article
Hyperion X opts for Reltio Cloud to enhance data capabilities
4th December 2019
Hyperion X, the data and technology focused unit of the global Hyperion Insurance Group, has selected software as a service (SaaS) provider Reltio Cloud as the core client data platform to power its data and analytics capabilities. The company believes Reltio Cloud will enable it to better personalise product and service ... Read the full article
Hyperion X appoints Shumway as Head of Strategic Advisory
1st October 2019
Hyperion X, the data and technology focused unit of the global Hyperion Insurance Group, has hired former JLT employee Mark Shumway to the role of Head of Strategic Advisory. Shumway was most recently the Global head of Strategic Advisory at reinsurance brokerage JLT Re and also a representative of JLT Capital ... Read the full article
JLT Re’s David Flandro joins Hyperion X as Managing Director, Analytics
4th September 2019
Hyperion Insurance Group's data and technology division, Hyperion X, has announced the appointment of David Flandro as Managing Director, Analytics. He joins the firm from global reinsurance broker JLT Re, where he served as Global Head of Analytics and a member of the company's Executive Committee. In his new role, Flandro will ... Read the full article
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