Articles

Insurance

Aon strikes back at Vesttoo; names $137m losses in collateral scandal

Some 21 deals for Beazley, Allianz, Clear Blue, Convex, Chaucer, SiriusPoint, others hit.   14 August 2023

Insurance

Allstate losses stack up too high: S&P cuts ratings

Continued cat losses remain a big threat in H2 as Allstates heads for deepened losses.   14 August 2023

Insurance

Alliant names new vice president from HUB International

He has a decade of insurance, sales and financial industry experience.   14 August 2023

Insurance

CAC Group bolsters its board with WTW pedigree

The hire has 25 years of board experience for companies across the globe.   14 August 2023

Insurance

Liberty Mutual bolsters US footprint with double promotion

The insurer has aspirations to grow its US middle market business.   14 August 2023

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

Hawaiian wildfire may have over $3bn of structures in harm's way

Local authorities have already confirmed 55 fatalities in the event.   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

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

QBE cat losses and new reserves boost combined ratio to a full 98.8%

North American commercial operations slip to outright loss on the H1 nat cat hit.   11 August 2023

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