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Allstate wants to go for growth, but still won’t touch major markets
Insurance
California, Florida & New Jersey remain anathema; New York ‘kind of’ open for business.   12 December 2024
Relm launches new US MGA
Insurance
Relm’s MGA will have locations in Miami, New York and Pennsylvania and the company has also appointed veteran insurer.   13 December 2024
Munich Re eyes €6bn profit in 2025, focus on P&C Re, specialty insurance
Reinsurance
Reinsurance revenue is expected to reach €42bn, fuelling a €5.1bn net profit in 2025.   13 December 2024
Insurance
The appointee previously spent 27 years at Chubb, including as deputy general counsel.   9 December 2024
Insurance
The change reflects a ‘sharp increase’ in personal motor insurance prices.   12 December 2024
Reinsurance
The scheme will initially cover transport and vehicle risks, with potential for expansion.   12 December 2024
Insurance
The acquired claims provider specialises in claims for the Lloyd’s market.   10 December 2024
Technology
The Canadian broker will utilise CyberCube’s SaaS platform for brokers.   11 December 2024
Insurance
The partnership, worth A$642m, includes a 20-year exclusive distribution deal.   2 December 2024
Reinsurance
Further declines likely at mid-year 2025 renewals, depending on directions set 1/1.   11 December 2024

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