Articles

Insurance

Marsh McLennan signals ambitious growth plans in Caribbean via M&A

The global re/insurance broker has made a ‘landmark’ acquisition in Costa Rica.   31 July 2023

Insurance

Lloyd’s remediation did the trick; AM Best upgrades outlook

Rejigging of the central fund went a long way to shore up the Lloyd’s balance sheet.   28 July 2023

Insurance

Aon shares fall after earnings report even as revenue grows

Management claims ‘strong’ retention, growth in treaty & new business generation in Q2.   28 July 2023

Insurance

Arch can go as far as hard market takes it, and hard market has legs

A Cinderella market ‘it may be a while before the clocks strikes twelve.’ CEO Grandisson.   28 July 2023

Insurance

Liberty Mutual joins exits: ends business owners’ line in California

The insurer to stop writing both new and renewal accounts of this line of business.   28 July 2023

Insurance

AXA develops generative AI with Microsoft for business use

The re/insurer to globally deploy AXA Secure GPT to its 140,000 employees soon.   28 July 2023

Insurance

Predictive approach a must for emerging cyber risks: Mando CEO

Any historical perspective on risk no longer cuts it for emerging systemic and cyber risks—it’s time to fully embrace future-focused, predictive digital tech, Veysel Geylani, CEO and founder of Mando, told Intelligent Insurer.   28 July 2023

Insurance

SCOR sees capacity gap still driving reinsurance rate into 2024

Market outlook eclipsed at Q2 conference by investor confusion over discretionary reserves.   27 July 2023

Insurance

WTW grows 7% organically; cuts 2024 margin, EPS outlook on ‘headwinds’

The broker has reduced its 2024 margin and EPS targets to account for ‘short-term trends’.   27 July 2023

Insurance

Arch Capital profits more than double in Q2, reinsurance fuels growth

The reinsurance business increases gross premiums written by 41.9%.   27 July 2023

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