Articles

Insurance

HDI Global expands top leadership in US to drive profitable growth

It has hired a Zurich executive for the newly created role of chief strategy officer.   7 May 2024

Insurance

Maiden strikes renewal rights deal with AmTrust Nordic after ‘strategic review’

Group operating expenses to be reduced by up to $6m annually after divestment.   7 May 2024

Insurance

Everest reveals strategic US shake up, pulls in top talent from Chubb/Zurich

The strategic realignment aims to drive regional growth.   7 May 2024

Insurance

US insurance industry may have added over 8000 jobs in April

In March, brokerages & agencies added jobs again to balance job stagnation in carriers.   7 May 2024

Insurance

European windstorm Ciarán insured losses surges to €2.04bn

PERILS has raised the industry loss estimates for the event by an additional 5.5%.   3 May 2024

Reinsurance

AIG could trim excess reinsurance in 2025 after completing transition

AIG as reinsurance junkie: could hike attachment points $500m and still be below peers.   2 May 2024

Reinsurance

Back to balance: Reinsurance in 2024

After several years of bad losses, 2023 saw reinsurers begin to rebuild their capital. With third-party capital still slow to return to the market, 2024 sees a more balanced market, according to SCOR’s global property & casualty.   2 May 2024

Insurance

AIG shrinks 35% on asset sales, claims low single digit underlying growth

Int’l commercial lines gained enough margin to recoup profits lost on asset sales.   2 May 2024

Reinsurance

AXA, Athora deal collapses after two years over market shifts

Athora blames ‘significant changes in financial market conditions since signing’.   3 May 2024

Alternative Risk Transfer

Markel ILS unit Nephila holds AuM steady again Q1 at $6.8bn

Premium cession to the ILS unit rises 50% y/y in Q1; asset mix renders revenue gain.   2 May 2024

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.