Articles

Insurance

Vesttoo scandal could shake up fronting and rejig their reinsurance

A prior drift into captive and unrated reinsurance cover could unwind under pressure.   11 August 2023

Insurance

New CEO at Vesttoo sets new course for the courthouse

The scandal-ridden insurtech vows broad legal action to clear its name, recoup damages.   11 August 2023

Insurance

Munich Re on track for 25% growth targets in specialty insurance

Margins can still enjoy untapped synergies in underwiring, sales, claims and more.   11 August 2023

Insurance

Brookfield Re will join the $100bn club on Argo & AEL buys

Re/insurer says it will be a leading US annuity originator after close of AEL purchase.   11 August 2023

Insurance

Lull in insurer M&A ‘short-lived’, market to rebound by end of 2023

Insurers are taking ‘keep calm and carry on’ approach; appetite for insurtechs ‘diminishing’.   10 August 2023

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

Munich Re on still-lax cyber wordings: ‘we prefer not participating’

Cutting poorly-worded cyber fuelled decline in Munich Re’s quota share casualty at 1/7.   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

Lancashire plans US company in early 2024

It will operate under a delegated underwriting arrangement with Lancashire UK.   10 August 2023

Insurance

Munich Re bullish on €4bn target, ‘tapping into encouraging market’

Half year profit ‘considerably greater’ than expected: CEO Joachim Wenning.   10 August 2023

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