News

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

Insurance

Markel snags HDFC ERGO talent to head Indian underwriting operations

The appointee has 20 years’ experience and is expected to enhance growth in Asia.   19 April 2024

Insurance

DARAG buys major UK employer liability captive book

DARAG claims ‘a number of other attractive opportunities’ for M&A in advanced stage.   19 April 2024

Insurance

Energy sector drawing strong insurer capacity to stabilize market: WTW

But insurers are turning ever more savvy, creating a gulf between the best and the rest.   19 April 2024

Insurance

Middle East flooding bears 3-digit million cost, mild insurance bill

A week of severe storms and rain also hit the central and northeast US hard.   19 April 2024

Insurance

Lloyd's and insurer Arch deny Nord Stream claim, cite war exclusions

Lloyd’s & Arch also deny application of ICBR clause and further contest limits.   19 April 2024

Alternative Risk Transfer

American Coastal returns to cat bonds after 10-year break, places $200m

The carrier worked via Armor Re, marshalled for issuance of the United Insurance group.   19 April 2024

Insurance

AXIS Capital nabs talent from Argo Pro to lead its E&O offer in the US

The 35-year Pro-Fin vet brings pedigrees from Western World, Travelers, TM HCC, and USI.   19 April 2024

Insurance

Marsh won't go wholesale despite E&S heat; likes holding clients close

Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024

Reinsurance

Reinsurers show enough cat appetite to clear mid-year Florida renewals

Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024

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