Articles

Insurance

Munich Re-backed insurtech At-Bay transitions to full-stack E&S carrier

It secured an AM Best rating of A- with stable outlook in April.   10 August 2023

Insurance

New cyber MGA tailored for small and medium-sized businesses launches

It is underwritten by insurers at Lloyd’s, and placed by Acrisure Re.   10 August 2023

Insurance

McGill shakes up leadership to fuel US market expansion drive

The moves come on the heels of substantial organic revenue growth in recent years.   10 August 2023

Insurance

SiriusPoint strikes standstill pact with billionaire investor Loeb to thwart acquisition try

The move follows Loeb’s failed attempt to take the company private earlier this year.   10 August 2023

Insurance

Vesttoo unveils new CEO to steer through ‘extremely difficult’ time

New CEO vows to work ‘intensively’ to restore the company’s activities.   9 August 2023

Insurance

Bermuda plans to levy corporate income tax on re/insurers from 2025

The restructuring of the island’s existing tax regime aims to enhance its growth prospects.   9 August 2023

Alternative Risk Transfer

Hiscox suffers further ILS investor outflows in Q2, sees more ahead

Hiscox warns on likelihood that ‘we will continue to experience ILS outflows’ moving forward.   9 August 2023

Insurance

Vesttoo liquidating Bermuda collateralised insurer after fraud scandal

Crisis-hit insurtech wants to focus on ‘limited number’ of markets amid shake up at the top.   9 August 2023

Insurance

Argo falls to $0.5m loss ahead of Brookfield Re sale

The specialty re/insurer’s gross written premiums fell 23.2% due to businesses sold and exited.   8 August 2023

Insurance

PERILS hikes Turkey-Syria earthquake loss estimate to $4.9bn

The event marks the costliest catastrophe event in Turkey’s history.   8 August 2023

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