News

Insurance

Liberty Mutual bolsters US footprint with double promotion

The insurer has aspirations to grow its US middle market business.   14 August 2023

Insurance

Vesttoo scandal could shake up fronting and rejig their reinsurance

A prior drift into captive and unrated reinsurance cover could unwind under pressure.   11 August 2023

Insurance

Hawaiian wildfire may have over $3bn of structures in harm's way

Local authorities have already confirmed 55 fatalities in the event.   11 August 2023

Insurance

Westfield secures full minority exit from Lloyd’s syndicate 1200

Unaligned members take the money and run after Westfield’s majority takeover.   11 August 2023

Insurance

New CEO at Vesttoo sets new course for the courthouse

The scandal-ridden insurtech vows broad legal action to clear its name, recoup damages.   11 August 2023

Insurance

Munich Re on track for 25% growth targets in specialty insurance

Margins can still enjoy untapped synergies in underwiring, sales, claims and more.   11 August 2023

Insurance

Brookfield Re will join the $100bn club on Argo & AEL buys

Re/insurer says it will be a leading US annuity originator after close of AEL purchase.   11 August 2023

Insurance

QBE cat losses and new reserves boost combined ratio to a full 98.8%

North American commercial operations slip to outright loss on the H1 nat cat hit.   11 August 2023

Insurance

US motor insurance costs rise again, trim enduring gap to claims costs

Repair cost inflation continues to outpace; parts & used vehicle costs now tamed.   11 August 2023

Insurance

It's a consensus: the Atlantic is in high hurricane gear

NOAA joins the trend for upping forecasts, sees 60% chance of above-average season.   11 August 2023

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