News

Risk Management

Marsh launches new global alternative risk solutions practice

To be led by a seasoned professional with 30 years of experience in financial services.   26 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Allianz appoints new MD for personal lines broker following key departure

Its personal lines broker business in the UK LV= rebrands to Allianz.   26 April 2024

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

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

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