News

Reinsurance

SCOR will continue to cut property cat and US casualty allocations

But rising demand in property cat could ensure hard market through 2025, Conoscente said.   17 May 2024

Reinsurance

SCOR on Q1 margin slide: we build reserve buffers every chance we get

A normalised combined ratio would have been ‘well below’ SCOR’s 87% target, CFO says.   17 May 2024

Insurance

Aon’s North American chief steps down ahead of year-end exit after 33 years

She is credited for building ‘inclusive’ teams; will transition to executive chair.   17 May 2024

Reinsurance

Swiss Re continues business simplification with more top level moves

Reveals new China CEO; restructures Middle East & Africa reinsurance leadership.   17 May 2024

Insurance

Markel taps Howden, AIG expertise for Chinese market expansion

The insurer has bolstered its marine, PFR & cyber underwriting and analytics expertise.   17 May 2024

Insurance

Ardonagh swoops on Brazilian broker for LatAm expansion

It will fund the £123 million deal through the group’s liquidity.   17 May 2024

Alternative Risk Transfer

Mexico ‘setting the standard’ with $175m World Bank cat bond for hurricane risk

New bond significantly expands Mexico’s coverage for Pacific hurricane risk.   17 May 2024

Insurance

US commercial property remains tight, auto volatile: CIAB price survey

‘Most respondents found commercial property one of the most difficult lines to place.’   17 May 2024

Insurance

AXA XL names C-suite executive to drive APAC & Europe broker strategy

Its growth plans are focused on multinational and mid-market solutions.   17 May 2024

Insurance

Beazley snares senior Aon/Marsh talent for top US cyber role

The re/insurer looks to capitalise on opportunities in the US cyber space.   17 May 2024

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