News

Insurance

IAG trims more XoL covers at mid-year renewal, rounds out quota share

After cuts to main cover at 1/1, limits & retentions rejigged on aggregate and late-event.   7 July 2023

Insurance

SiriusPoint-backed MGA Banyan Risk mulls global expansion; hires ex-AIG, Chubb, Markel as CUO

Profitability is at the heart of the Bermuda-based MGA’s international growth strategy.   7 July 2023

Insurance

QBE snags Liberty Mutual vet to expand D&F property in Canada

The new hire comes with over 20 years of Liberty Mutual property expertise.   7 July 2023

Insurance

K2 taps Hanover leader with Allianz/CNA pedigree to build out US operations

K2 Financial has appointed a senior vice president and founder of its US operation.   7 July 2023

Insurance

2023 hurricane season in flux: CSU ups forecast by a quarter again

In ‘unprecedented’ tug-of-war of opposing drivers, model forecasts scatter over wide range.   7 July 2023

Insurance

Zurich partners with Qover to expand embedded insurance capabilities

The insurer is joining the insurtech’s Series C funding round.   7 July 2023

Insurance

Aon seals historic parametric deal for Puerto Rico

It aims to drive cat resilience and reduce the island’s insurance obligation to FEMA.   7 July 2023

Insurance

Swiss Re mines Allianz C-suite for global P&C reinsurance role

He will lead a global team of insurance and data experts within Swiss Re Reinsurance Solutions.   6 July 2023

Insurance

CCR & CCR Re retain AM Best ratings through separation & sale

CCR sold control of its unit on way to divest full stake in 2026.   6 July 2023

Insurance

Gallagher’s Pen buys Norwegian marine MGA for international expansion

The strategic move expands its marine specialism and establishes first international branch.   6 July 2023

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