Articles

Insurance

Insurers race to cyber; signs of competition put paid to runaway rates

WTW wowed by easy ability to garner array of rival quotes fast with looser limits.   2 May 2023

Insurance

Canopius makes big moves in Asia-Pacific with Aspen Re raid

The firm has plucked two senior leaders amid other hires to expand its P&C reinsurance.   2 May 2023

Insurance

AXIS has more deals still to lose on property cat retreat

The lost-deal count quadrupled from last tally; multi-line collateral damage at $110m.   2 May 2023

Insurance

Munich Re weathers Q1 nat cat attack, maintains full-year targets

Beating the €4bn FY profit target looks ‘more likely’ on the back of the Q1 take.   2 May 2023

Insurance

Property insurers to shift more reinsurance costs to clients, warns WTW

Amid limited available aggregate, cat capacity may be fully deployed by midyear, lacking in H2.   2 May 2023

Insurance

Wefox eyes ‘huge market opportunity’ with global affinity launch

It claims the global market it is targeting is worth nearly $3 trillion.   2 May 2023

Insurance

Marsh strengthens presence in Western Australia with acquisition

The company has acquired a broker with a strong presence in the SME market.   2 May 2023

Insurance

Markel’s Nephila suffers 25% cut to Q1 premium, but stems AuM erosion

Markel’s broader fronting operations declined on programme terminations; more possible.   28 April 2023

Insurance

Major shake-up at the top of Canopius as three leaders make surprise exit

The move is part of an “ongoing strategic transformation,” the company has confirmed.   28 April 2023

Insurance

Florida earned partial credit on tort reform, but few benefit near-term

The reinsurance market may yet need to account for last-minute litigation floods.   28 April 2023

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