News

Insurance

Texas’ TWIA hikes Hurricane Beryl cost estimate; has paid $259m to date

The Texas residual insurer now believes it will completely burn through CRTF reserves.   15 October 2024

Insurance

D&O softening deepens; insurers attack via lower retentions: CRC

A rise in corporate bankruptcies is triggering the lone case of insurer hesitance.   15 October 2024

Insurance

TWIA shot down on 10% rate hike request following Hurricane Beryl

TWIA last estimated rate inadequacy at 38% for residential policies and 45% for commercial policies.   15 October 2024

Reinsurance

Milton likely earnings event for reinsurers; ‘manageable’ but may rattle prices

Primary insurers urged to be cautious with capital, especially if retaining more risk.   15 October 2024

Reinsurance

No signs of turmoil at Arch Capital amid sudden boardroom shift

Handing of reins to well-rounded insider suggests no overhaul of strategy is likely.   15 October 2024

Insurance

Ryan Specialty MGA looks to expand appetite for casualty risks

Three new casualty experts to join its renewable energy unit.   15 October 2024

Insurance

Gallagher fills senior regional post with ex-Crawford COO

The executive previously held senior roles at AXA, WTW and Aon.   15 October 2024

Insurance

Price Forbes seeks growth in ‘critical market’ with new leader

The broker says the senior hire from Honan is ‘key’ to expanding its footprint.   15 October 2024

Technology

Former Zurich claims chief joins AI-powered claims insurtech’s board

The executive supported AI, digitalisation and data innovation at Zurich.   15 October 2024

Insurance

Hurricanes Helene and Milton to drive up to $55bn in industry losses: Moody’s RMS

Preliminary estimate reflects insured wind, storm surge, and inland flood impacts from both events.   14 October 2024

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.