News

Insurance

UK motor insurance inflation rises to 33% in Feb. in catch-up to claims

Policy prices only began to play catch-up in earnest from mid-2022.   23 March 2023

Insurance

Lloyd’s claims all-clear on stressed banks for assets & underwriting

‘Not too much D&O underwriting on the US banking sector,’ the CFO said. ‘Not from here.’   23 March 2023

Insurance

US insurers team up to bring trade credit capacity to energy market

New capacity to provide alternative assurance to meet growing demand in North America.   23 March 2023

Insurance

Lloyd’s CEO eyes £56bn GWP for 2023 after ‘outstanding’ growth in 2022

The market’s underwriting profit rose to £2.6bn despite over £3bn investment losses.   23 March 2023

Insurance

Insurtech Kin eyes up big expansion plans as Series D raise hits $109m

Kin gains capital needed to significantly expand its offerings and market share.   23 March 2023

Insurance

AIG executive to launch new specialty group at Great American

The exec has more than 26 years of leadership, underwriting and industry experience.   23 March 2023

Insurance

Consilium gets license to operate in Jersey

The broker will serve professional and financial lines (FL) firms in Jersey.   23 March 2023

Insurance

Ballantyne Brokers ‘nimble, flexible and ready to scale up’ after management buyout

The specialist London broker has completed a buyout from its parent K2 Insurance.   23 March 2023

Insurance

Chubb ups climate initiatives but vows to swear off ‘sweeping net-zero pledges’

Its CEO says net-zero ‘not a viable path’, will pursue ‘realistic and science-based’ approach.   23 March 2023

Insurance

First of its kind parametric reinsurance for cyclone launched in Africa

Africa Specialty was the lead reinsurer for the placement with World Bank and PULA.   22 March 2023

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