News

Insurance

Hurricane Debby losses up to $2bn, ‘manageable’ for re/insurers: claim major brokers

Private insurers and the NFIP are expected to face hundreds of millions in losses.   9 August 2024

Insurance

QBE enters $376m loss portfolio transfer deal with Enstar

Enstar, which is being bought by Sixth Street for $5.1bn, says it is familiar with the business.   9 August 2024

Technology

Howden Re partners with cat modeller on seismic risk management in Turkey

Partnership to explore expansion into earthquake-prone regions in Europe, Asia and South America.   9 August 2024

Technology

Cytora launches AI-powered automated due diligence for commercial insurers

It aims to enable underwriters to make rapid & informed risk decisions.   9 August 2024

Insurance

CAC Group aligns business units with rebrand

Cobbs Allen renamed to CAC Agency.   9 August 2024

Insurance

Fidelis launches new renewables MGA led by ex-AIG leader

‘Renewables is an area of huge opportunity for the insurance sector’: The Fidelis Partnership.   8 August 2024

Reinsurance

Munich Re wants to add more ‘global’ to its specialty drive

A chiefly organic drive is mulled, but the units’ initial market in the US could see M&A.   8 August 2024

Insurance

Everest taps ex-Chubb, Liberty senior executives for US leadership roles

Key executives to lead its US wholesale and programmes business.   8 August 2024

Insurance

Zurich grows bottom line 7% H1 even as P&C stalls

Insurance revenue growth may have slid notably in Q2; retail margin falters.   8 August 2024

Insurance

Lloyd’s and seven syndicates earn upgrades after central fund insurance renewed

Lloyd’s CFO says it is exploring a post major market loss contingent capital solution.   8 August 2024

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