Articles

Reinsurance

Treaty renewals in 2024 should hold market’s latest gains: Munich Re

CEO Wenning confirmed €5bn profit target, but also noted 3Y streak of beating plan.   25 April 2024

Insurance

Marsh McLennan targets major P&C agency in $315.9m M&A deal

Marsh calls the asset a Top-5 bank-affiliated agency and top player in the US southeast.   24 April 2024

Insurance

Greenberg on financial line trends: ‘in a word, simply dumb’

But the ‘vast majority’ of Chubb's casualty book looks very well priced, he claims.   24 April 2024

Insurance

Chubb has Baltimore Bridge exposure, but 'nothing outsize,' CEO claims

The exposure fits the Chub large loss profile ‘within what we would contemplate.’   24 April 2024

Insurance

Hurricane-prone Louisiana in clutches of rising climate risks: Moody’s

Property insurance is increasingly difficult to afford and obtain in the state.   24 April 2024

Insurance

Marsh won't go wholesale despite E&S heat; likes holding clients close

Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024

News

Baltimore files suit on bridge collapse, cites outsize economic impact

Dali owner and operator showed ‘gross negligence and recklessness’ putting faulty ship to sea.   24 April 2024

Insurance

E&S won’t slow down in liability, may soon peak in property: Berkley

‘We'll try to make more hay in property before we call it a day … but property is peaking.’   23 April 2024

Reinsurance

Munich Re claims big Q1 earnings beat as major claims go absent

The P&C reinsurance combined ratio came in more than 4pts below consensus.   23 April 2024

Insurance

US P&C can take margin in ’24 on premium gains & disinflation: Swiss Re

Swiss Re ups its premium growth forecasts from January view; personal lines still lead.   23 April 2024

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