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Pen Underwriting extends Irish specialist fleet deal with Zurich
Insurance
Pen Underwriting extends Irish specialist fleet deal with Zurich
The multi-year agreement carries the partnership over the 25-year mark.   26 April 2024
Thomas Carroll taps CBI veteran as non-executive director
Insurance
Thomas Carroll taps CBI veteran as non-executive director
The appointee has been at CBI Wales for 19 years.   26 April 2024
Insurance
Insurtech Inari unveils senior hire to support global growth plans
The company raised $5.2 million in funding last year.   26 April 2024
Reinsurance
Treaty renewals in 2024 should hold market’s latest gains: Munich Re
CEO Wenning confirmed €5bn profit target, but also noted 3Y streak of beating plan.   25 April 2024
Insurance
R&Q in lock-up deal over Accredited sale; anticipates significant cut in proceeds
Closing proceeds now expected between $65m and $110m, down from $170m to $210m.   25 April 2024
Technology
Cytora taps former Aon veteran to support global growth plans
New board appointee ‘blown away by Cytora’s capabilities and use of AI’.   25 April 2024
Insurance
WTW takes 8% growth in broking in Q1, remaining segments lag
CEO Hess claims broking revenues are rate-indifferent, credits retention & new business.   25 April 2024
Insurance
Chubb likely to shy away from M&A options for foreseeable future
‘Our eyes are always open,’ CEO Greenberg said, but ‘don’t hold your breath’.   25 April 2024
Reinsurance
Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock
CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.   25 April 2024
Insurance
California moves to bolster FAIR Plan as exposures rise 6% in Q1 alone
The state admits a ‘looming fear’ of assessments is driving out admitted carriers.   25 April 2024

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