MGAs / MGUs

29 April 2024   ASR Syndicate aims to expand Lloyd’s business share in Africa’s underserved insurance market

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Alternative Risk Transfer
Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.
Insurance
The multi-year agreement carries the partnership over the 25-year mark.
Insurance
The new appointment steps in as head of capacity and ceded reinsurance.
Insurance
The purchase aims to extend Chubb’s reach in a ‘vastly underpenetrated market.’
Insurance
Long-time president Ben Francavilla plans to retire.
Insurance
Says regulatory changes have ‘reduced strategic attractiveness’ of direct equity participation.
Insurance
UK market first, then global expansion, says new CEO on strategy.
Insurance
WTW launched the MGU in October 2023 with capacity backing from Markel.
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29 April 2024   Appointee is a member of the UNEPFI principles for sustainable insurance board.
29 April 2024   The broker has added a new $25 million layer of capacity.
29 April 2024   The appointee was formerly head of professions at Hiscox.
29 April 2024   The partnership to explore developing property insurance options for US borrowers.
26 April 2024   A federal ban on non-competition clauses won’t be an obstacle in managing attrition.
26 April 2024   Smaller players should migrate to the Gallagher tool box as investment costs pinch.
26 April 2024   Swift close boosts Aon’s accretion, advances cash flow benefits by a year.
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