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Ambac doubles P&C operations, Beat gains firepower to expand globally
Insurance
The acquisition places Ambac on track to produce approx. $1.4bn in premiums for 2024.   5 August 2024
AXA to exit asset management, seeks $5.6bn in exclusive sale talks
Insurance
The deal includes a partnership to build a European asset manager with €1.5tr in assets.   2 August 2024
Insurtech funding grows to $1.3bn amid four-year low in deals: Gallagher Re
Technology
Q2 2024 witnessed the sharpest deal drop since Q2 2020, plummeting 23.4% quarter-on-quarter.   5 August 2024
Insurance
Brokerages & agencies added 11,600 jobs in Q2, accounting for 56% of Q2 industry gains.   5 August 2024
Insurance
Incumbent CEO will remain ‘close to the business’.   2 August 2024
Insurance
The acquired firm has a presence in all 50 US states.   1 August 2024
Insurance
The executive has 20 years of broking experience, specialising in complex casualty risks.   31 July 2024
Insurance
The deal comes six months after it merged with GMBC.   2 August 2024
Insurance
It says the appointee is ‘a proven force in the Lloyd’s and London insurance market’.   29 July 2024
Alternative Risk Transfer
Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024

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