News

Insurance

Perils closes books on 2022 Australian floods at A$6.5bn insured loss

La Nina conditions rendered the largest industry event loss in Australian history.   13 March 2023

Insurance

Insurtech MGA Coalition builds out UK cyber with move into E&S market

Clients can tap into Coalition security and top up Allianz- and Lloyd’s-backed cover.   13 March 2023

Insurance

Markel plucks QBE & SCOR talent in build-out of downstream energy offer

Markel reveals growth hopes for onshore specialist underwriting and energy book in APAC.   13 March 2023

Insurance

Upstart re/insurance broker McGill adds three on top in financial lines

The new talent brings tenure from all major brokers as well as Beazley underwriting.   13 March 2023

Insurance

Gallagher Re picks up lingering WTW ops in India to unify treaty team

The group lifts its CRM director from Singapore to lead new expand ed reinsurance arm.   13 March 2023

Insurance

US insurers lose over $800m on SVB bank collapse

Life carriers have top exposures, but P&C names Swiss Re, Hanover, AXA & Berkley face losses.   13 March 2023

Insurance

MGA Kita lures Marsh McLennan executive to lead insurance

The move follows its recent oversubscribed £4m seed fundraise.   10 March 2023

Insurance

Superpower: male colleagues urged to ‘hero’ women at work

A panel of female leaders highlighted action men can take to tackle gender inequality at work on International Women’s Day 2023.   10 March 2023

Insurance

US insurance headcount down, putting paid to 2022 hiring spree

3M net loss for prior growth segments direct P&C and agencies-brokerages now pushing 3000 jobs.   10 March 2023

Insurance

Earthquake fund faces $1.4b April renewal after 23% shortfall at 1.1

Shortfall at April would be third straight; agency prefers to hike rates and cut limits than chase markets.   10 March 2023

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