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US household auto policy inflation advances again, now at 22.2% y/y
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
Alliant expands California footprint with commercial broker buy
Insurance
Alliant expands California footprint with commercial broker buy
The acquired firm works with many prominent insurance carriers in the region.   10 April 2024
AXA backs launch of new construction-focused MGA led by ex-Munich Re veteran
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
Insurance
Chaucer enters weather insurance market
Its parametric weather product is designed to cover non-damage business interruption.   9 April 2024

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