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Fiona on track to hit Cat-4 status, could veer north after island hits
Insurance
Fiona on track to hit Cat-4 status, could veer north after island hits
US NHC expects ‘continued intensification during the next 24 to 48 hours’   20 September 2022
AIG unit Corebridge raises $1.7bn in ‘biggest’ IPO of 2022
Insurance
AIG unit Corebridge raises $1.7bn in ‘biggest’ IPO of 2022
The insurer offered 80 million shares priced between $21 and $24 per share.   20 September 2022
Acrisure snaps up insurtech set up during COVID to protect small businesses
Insurance
Acrisure snaps up insurtech set up during COVID to protect small businesses
The broker aims to build a ‘robust’ digital marketplace that makes it simple to transact business.   20 September 2022
Insurance
South & SE Asian reinsurers can't price to beat inflation, AM Best warns
Improved investment earnings outlook can’t overcome claims and retrocession cost barriers.   20 September 2022
Insurance
Compre brings 30-year claims veteran to manage ‘complex’ North American portfolio
The executive has formerly held senior roles at RiverStone, R&Q, Hartford and Nationwide.   20 September 2022
Insurance
Fusion taps Aviva duo to build ‘first’ tech-driven M&A MGA in London market
Fusion Specialty looks to cement its presence within the London market and continental Europe.   20 September 2022
Insurance
‘Market ripe for MGAs’ as premium hit fastest growth in years
US MGAs increase premium flow for top carriers by 19% in 2021.   20 September 2022
Insurance
Florida property insurers are leaning into US reinsurers: AM Best
The group drew over $1bn in claims from its US-based reinsurers in 2021, double from 2019.   16 September 2022
Insurance
Venbrook bolsters leadership as it eyes growth in US and overseas
Ex-McLarens exec to spearhead its claims division to expand third party administration capabilities.   16 September 2022
Insurance
Insurers warned of ‘deteriorating’ sector outlook in 2023 as inflation spikes
Fitch warns weaker insurers and those with weak risk management of negative rating actions.   16 September 2022

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