News

Insurance

Everest sells specialist MGU to Ryan Specialty to focus on ‘core areas’

The MGU serves the sports, leisure, and entertainment market.   2 October 2024

Insurance

Gallagher unveils chief broking officer to create UK & Ireland strategy

The executive previously held senior positions at Marsh, JLT and Miller.   2 October 2024

Insurance

Markel expands international casualty underwriting with ‘top-tier’ talent

The executives bring experience from Arch, AXA XL, QBE and AIG.   2 October 2024

Insurance

Specialist Risk Group gains ‘firepower’ to supercharge expansion

PE giants Warburg Pincus and Temasek have acquired the majority of SRG shares.   2 October 2024

Reinsurance

SiriusPoint and Enstar seal $400m loss portfolio transfer deal

Under the reinsurance agreement, SiriusPoint will cede net reserves of approximately $400m.   2 October 2024

Insurance

Ryan Specialty beefs up senior leadership with slew of appointments

Appointees include its first chief audit and risk officer.   2 October 2024

Insurance

Storm Boris floods could rack up $3.9bn in Central Europe insured losses

Primary insurers will retain most estimated losses, with some reinsurance recovery expected.   2 October 2024

Insurance

US insurers still face headwinds, rising investments just a crutch

Higher interest rates help investment earnings, but don’t slow race for yield, FIO says.   1 October 2024

Insurance

AXIS lures ex-Markel exec to lead new North America E&S unit

The appointee will develop professional and general lines products for the unit.   1 October 2024

Insurance

Storm Boris may cost insurers up to $3.4bn on Central Europe floods

Czech insurers received over 60,000 claims, totaling $850m in losses by September 2022.   1 October 2024

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