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AIG shrinks 35% on asset sales, claims low single digit underlying growth
Insurance
Int’l commercial lines gained enough margin to recoup profits lost on asset sales.   2 May 2024
Markel ILS unit Nephila holds AuM steady again Q1 at $6.8bn
Alternative Risk Transfer
Premium cession to the ILS unit rises 50% y/y in Q1; asset mix renders revenue gain.   2 May 2024
New leadership from AXA XL, Validus to fuel Canopius’ reinsurance ambitions
Reinsurance
Canopius seeks to drive targeted reinsurance growth with ‘meaningful capacity’.   2 May 2024
Reinsurance
It has hired a surety broker with over 30 years of experience in the market.   2 May 2024
Technology
The insurer launches new US office to tap into tech talent in the Atlanta region.   2 May 2024
Reinsurance
CEO Egan highlighted ‘significant progress’ in reducing its debt.   2 May 2024
Reinsurance
CEO Albo hails ‘remarkable business transformation’ and improved underwriting.   2 May 2024
Insurance
Affinity was Acrisure’s first acquisition in Scotland in 2023.   2 May 2024
Risk Management
It is designed to help brokers in North America better understand exposure data.   2 May 2024
Insurance
Increased insight into the drivers of insurance costs in Florida has helped prompt regulatory reform, helping restore stability.   2 May 2024

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