News

Insurance

Everest snares Zurich leader for specialty & financial lines push in US

The move comes amidst a series of leadership changes in North America.   9 August 2024

Insurance

Hurricane Debby losses up to $2bn, ‘manageable’ for re/insurers: claim major brokers

Private insurers and the NFIP are expected to face hundreds of millions in losses.   9 August 2024

Insurance

QBE enters $376m loss portfolio transfer deal with Enstar

Enstar, which is being bought by Sixth Street for $5.1bn, says it is familiar with the business.   9 August 2024

Technology

Howden Re partners with cat modeller on seismic risk management in Turkey

Partnership to explore expansion into earthquake-prone regions in Europe, Asia and South America.   9 August 2024

Reinsurance

Allianz bullish on full-year targets after Q2 profit jump

The company affirmed its 2024 operating profit outlook at nearly €14.8bn.   9 August 2024

Technology

Cytora launches AI-powered automated due diligence for commercial insurers

It aims to enable underwriters to make rapid & informed risk decisions.   9 August 2024

Insurance

CAC Group aligns business units with rebrand

Cobbs Allen renamed to CAC Agency.   9 August 2024

Reinsurance

Munich Re’s casualty exit is pure market, not rising skeletons: CEO

Big growth in casualty XoL followed underlying primary rate; Munich Re didn’t seek volume.   8 August 2024

Insurance

Fidelis launches new renewables MGA led by ex-AIG leader

‘Renewables is an area of huge opportunity for the insurance sector’: The Fidelis Partnership.   8 August 2024

Reinsurance

Munich Re wants to add more ‘global’ to its specialty drive

A chiefly organic drive is mulled, but the units’ initial market in the US could see M&A.   8 August 2024

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