Articles

Insurance

Reinsurance hardening to stay firm in 2024 but with softer price bumps

Fitch expects reinsurers to uphold strong underwriting discipline despite higher interest rates.   25 August 2023

Insurance

Fortitude Re strikes $450m transformation deal with tech giant IBM

It aims to ‘transform’ life insurance servicing through AI and automation.   25 August 2023

Insurance

Gallagher’s Pen secures £100m capacity deal in ‘challenging’ market

The fresh binder extends its Solicitors’ PI presence past 25 years.   24 August 2023

Insurance

RLI pegs up to $75m hit from Hawaii homeowners wildfire losses

The specialty insurer has provided homeowners insurance in Hawaii for over 25 years.   24 August 2023

Insurance

Fidelis profit surges in first earnings as public company

CEO Burrows says the focus is on profitable growth with reduced volatility.   23 August 2023

Insurance

Fortitude Re picks new CRO from SiriusPoint in latest C-suite change

Current CRO to transition to a newly created role of chief regulatory officer.   23 August 2023

Insurance

Insurers to bear ‘75% or more’ of Hawaii wildfires losses: Moody’s RMS

Several extenuating factors can drive losses higher than simple insured value estimates, it warns.   23 August 2023

Insurance

Aston Lark boosts Howden portfolio with mortgage broker buy

Aston Lark Ireland to rebrand as Howden Ireland in the coming weeks.   22 August 2023

Insurance

Property cat risks interest grows ‘cautiously’ amid much-harder market: AM Best

Investors are seeking underwriting discipline, but also flexibility to changing conditions.   21 August 2023

Alternative Risk Transfer

Aon’s White Rock & BMA to pursue Vesttoo for ‘maximum recovery’

The pair have launched action in the Supreme Court of Bermuda.   21 August 2023

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