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New reinsurer Martello Re eyes $800m equity boost to fuel growth
Reinsurance
New reinsurer Martello Re eyes $800m equity boost to fuel growth
The company, led by an industry veteran, launched in 2022 with MassMutual and HSCM backing.   23 May 2024
Howden acquires parametric insurance specialist in Latin America
Insurance
Howden acquires parametric insurance specialist in Latin America
The acquired firm focusses on coverage against nat cats for underserved populations in LatAm.   20 May 2024
Delegated authority ups premium share again in ’23, warrant oversight
Insurance
Delegated authority ups premium share again in ’23, warrant oversight
It’s fraught with outsourcing danger: even affiliated programmes cause ca. 1/3 of impairments.   23 May 2024
Technology
Concirrus enlists ex-Chubb/Mastercard exec for tech innovation boost
Director of product strategy to help accelerate data-driven decisions.   21 May 2024
Insurance
Aon plucks 20-year Marsh veteran as global head of property
Key hire with Marsh/WTW pedigree to help improve its risk capital strategy.   22 May 2024
Insurance
Arch snags Aon talent for UK claims management
The hire will oversee 11 regional offices and help expand Arch’s claims proposition in the UK.   22 May 2024
Insurance
PE giant buys insurance intermediary SRG in major deal
SRG’s management team to invest alongside Warburg Pincus and Temasek.   22 May 2024
Insurance
Florida claims early victories: rate filings temper after tort reform
Regulators claim ‘further positive indications’ in reinsurance heading into 6.1 renewals.   22 May 2024
Insurance
SiriusPoint eyes expansion in inland marine
The re/insurer has partnered with a leading US insurance programme manager.   22 May 2024
Insurance
Insurance losses from severe flooding in Italy cut by almost 3%
May 2023 floods were still the costliest weather catastrophe in Italian history, says PERILS.   22 May 2024

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