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Altus opens new HQ in Lloyd’s
Insurance
Altus opens new HQ in Lloyd’s
The new office is set to support its growth ambitions for specialty lines.   25 July 2024
First insured loss estimates emerge from major worldwide IT outage
Insurance
First insured loss estimates emerge from major worldwide IT outage
Parametrix says cyber insurance losses likely 10% to 20% of the total outage damage.   24 July 2024
Chubb claims broad swathes of rate adequacy inspire a reach for growth
Insurance
Chubb claims broad swathes of rate adequacy inspire a reach for growth
‘Where rate is adequate, we are growing as fast as we can,’ CEO Greenberg said.   24 July 2024
Insurance
Beazley likely held cyber hit on IT outage below $120m: Berenberg
Beazley has the needed sub-limits, waiting periods and distance to affected sectors.   24 July 2024
Insurance
Commercial rate hardening flatlines Q2, casualty as lone driver: Marsh
Property ends its run after leading as recently as Q4; FinPro & cyber softening stable.   24 July 2024
Insurance
Chubb slows Q2, but holds double-digit growth; pre-cat margins flat
Property lines feel ‘competitive’ versus a durable and needed trend for casualty firming.   24 July 2024
Reinsurance
New specialty reinsurer launches
It will underwrite specialty and casualty lines—D&O, PI, cyber and more.   24 July 2024
Reinsurance
Aon taps 30-year vet as new Bermuda CEO to drive innovation & risk transfer
The executive to replace its CEO and president of 38 years.   24 July 2024
Reinsurance
Martello Re mulls growth with $1.3bn capital raise
It entered the reinsurance market with MassMutual and HSCM backing in early 2022.   24 July 2024
Insurance
Markel expands casualty underwriting leadership
A 30-year industry exec with Chubb/AIG pedigree to lead Markel’s casualty suite of products.   24 July 2024

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