News

Insurance

Insurers have paid ¥74.4bn to end-March on Noto earthquake

To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.   22 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

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

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