News

Insurance

Everest Re plucks long-time Chubb Asia guru to lead APAC growth march

Everest hails ‘successful track record of building new businesses from the ground up in Asia.’   31 August 2022

Insurance

Asian insurance renewal rates still lag the west, up 3% in Q2: Marsh

Professional lines are the upside outliers: financial institutions, cyber and D&O stay hot.   31 August 2022

Insurance

Sompo offloads Lloyd’s unit to RiverStone run-off to unify UK presence

The sale follows ‘measured and controlled approach to withdrawing from Lloyd’s.’   30 August 2022

Insurance

UK insurers admit to volume slippage & margin pressures

Survey shows mass turnaround in net percentage of insurers claiming volume gains.   30 August 2022

Insurance

Everest mines Liberty Mutual twice to build out primary wholesale insurance

New chief promoted after move from Liberty Mutual one year ago; taps more Liberty talent.   30 August 2022

Insurance

Lloyd’s move to reinsurance profit built on rising vulnerabilities

Growth in casualty runs afoul of inflation; margins in specialty run up against Ukraine war.   30 August 2022

Insurance

R&Q marshals 40% support for incumbent CEO Spiegel ahead of EGM fight

Board claims unanimous solidarity with CEO Spiegel; turns R&Q to R vs. Q.   30 August 2022

Insurance

Trade credit joins cyber on Q2 ‘challenged’ markets list; D&O eases: Aon

Property eased into “moderate” conditions in Q2, but rising at slower single-digit pace.   30 August 2022

Insurance

Darag buys captive book from pipeline growing ‘beyond expectations’

Darag is lining up small-to-mid-sized transactions; next deal due shortly.   30 August 2022

Insurance

VIG CEO Stadler to step down at end of current term

Her third CEO post may be her last after 39-year Austria-based insurance career.   30 August 2022

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