News

Insurance

CoreLogic revises Taiwan quake loss estimate to $1bn down from $8bn

The revised estimate now ranges between $0.5 billion and $1 billion..   10 April 2024

Insurance

US household auto policy inflation advances again, now at 22.2% y/y

Repair costs, the last sticky point in claims, resumed its double-digit inflationary path.   10 April 2024

Insurance

Alliant expands California footprint with commercial broker buy

The acquired firm works with many prominent insurance carriers in the region.   10 April 2024

Insurance

AXA backs launch of new construction-focused MGA led by ex-Munich Re veteran

UK market first, then global expansion, says new CEO on strategy.   9 April 2024

Reinsurance

Reinsurance capital hits decade high to $729bn; ‘exceptional’ profits in ’23

Reinsurers’ ROE comfortably exceeds the industry’s cost of capital, finds Gallagher Re.   9 April 2024

Insurance

Miller lands 40+ year industry veteran to build dedicated global power offering

The independent broker wants to build a differentiated offering across the energy sector.   9 April 2024

Reinsurance

Lockton revamps Norwegian leadership in response to ‘rapid growth’

The broker has expanded capabilities in professional & financial risks, M&A, PE and marine.   9 April 2024

Insurance

Ardonagh Advisory builds presence in northwest England with acquisition

The acquired broker has a strong expertise in the industrial, care and agricultural sectors.   9 April 2024

Insurance

General aviation laps up carrier capacity while airlines grounded

Carriers at a ‘saturation point’ for airlines have delivered ‘significant’ capacity for GA.   9 April 2024

Insurance

Berkshire Hathaway unveils new head of multinational

Appointee to establish and grow BHSI’s multinational network.   9 April 2024

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