News

Insurance

US auto policy costs rise again in June; still chasing key claims costs

Versus pre-pandemic levels, policy costs have risen half as fast as used cars or repair.   12 July 2023

Insurance

Commercial insurance rate growth steady at 5% in Q2: MarketScout

Property hits double digits; inland marine, general liability & umbrella/excess rebound.   12 July 2023

Insurance

Florida bristles at Farmers Insurance retreat, vows regulatory pushback

‘I want additional scrutiny on this company,’ the state CFO said, hinting inquiry and fines.   12 July 2023

Insurance

AXA mulling reinsurance unit sale amid increasing cat exposure: report

The company had been looking to adjust its appetite in the property-cat space.   12 July 2023

Insurance

Cat bonds can’t dent hard market; competitive capital still tight

Lack of new market entrants or collateralised reinsurance means no downward price pressure.   12 July 2023

Insurance

Aon shakes up Reinsurance Solutions UK leadership structure

The simplified model is aimed at enabling better business decisions and value to clients.   12 July 2023

Insurance

JBA secures data sharing agreement with World Bank

JBA to provide the World Bank with enhanced flood risk data.   12 July 2023

Insurance

Swiss Re reveals ‘preferred’ successor to outgoing chair Ermotti

Emphasis on a ‘nimbler’ and ‘simplified’ organisation, highlights new chair.   12 July 2023

Insurance

SRS moves senior Bermuda talent to expand in Latin America

SRS seeks to capitalise on robust growth in captive formations in the region.   12 July 2023

Insurance

Steve Hearn to replace Bronek Masojada as PPL chair after Ardonagh exit

He aims to create a market that will be ‘better, faster and cheaper’.   11 July 2023

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