News

Insurance

E&S carriers directed the cyber rally, swept up top margins: AM Best

E&S responded to ransomware with 500% 2Y premium growth & standalone focus.   13 June 2023

Insurance

CAC Group to pursue new markets with expanded syndicated loan

Wintrust, JPMorgan Chase among financial institutions that participated in the loan.   13 June 2023

Insurance

WTW pulls talent up the ladder to lead global investments business

Its global investments business has more than $150bn in assets under management.   13 June 2023

Insurance

Insurers ‘create new infrastructure’ to track claims inflation

Clients have done a lot to track and combat the inflationary pressure of claims on property insurance, with some using buying power to lower costs, says Dirk Spenner, managing director of Gallagher Re.   13 June 2023

Insurance

Hafize Gaye Erkan resigns from Marsh McLennan board of directors

Departure follows Erkan’s appointment as Governor of Türkiye’s Central Bank.   13 June 2023

Insurance

Chubb unveils $5bn share buyback plan to boost flexibility

CFO says it doesn’t represent any change in our capital management strategy.   13 June 2023

Alternative Risk Transfer

Pure-play cat bond funds power into June, now up 10% from post-Ian lows

Funds have 27 weeks of uninterrupted gains as cat bonds take title as resilient point in ILS.   12 June 2023

Insurance

PartnerRe lifts 17-year vet to group chief underwriting officer

The appointee was most recently head of worldwide pricing and analytics.   12 June 2023

Insurance

Everest hires seasoned P&C leader to fuel global growth and market expansion

The executive has held a variety of leadership roles at AXA XL and XL Catlin.   12 June 2023

Insurance

SiriusPoint strikes capacity deal with Air Centurion

Air Centurion is a specialist player in the niche aviation market.   12 June 2023

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