News

Reinsurance

Fitch has revised its outlook for the reinsurance sector from improving to neutral

The ratings agency said reinsurers’ profits should be resilient in 2025.   7 September 2024

Insurance

McGill bolsters C-suite with ex-Aon/Gallagher veteran hire

The appointee will succeed a co-founder who held the interim role since January 2022.   6 September 2024

Reinsurance

Brit CR improves to 80.5%, despite drop in premiums and net profit

CEO says its ‘balanced portfolio’ positions company well to benefit from underwriting in H2.   6 September 2024

Reinsurance

Fitch revises reinsurance outlook to ‘neutral’ as market has started softening

Property rates face downward pressure, while casualty pricing is expected to rise due to US risk concerns.   6 September 2024

Reinsurance

Rokstone snags Lloyd’s underwriter to bolster D&F property team

Appointee spent 15 years at Chaucer as a class underwriter for international property D&F.   6 September 2024

Insurance

Allianz taps ex-WTW exec to ‘accelerate momentum’ in personal lines

Appointee to join as managing director of home insurance.   6 September 2024

Reinsurance

Market to hold steady with healthy reinsurer returns through 2025: Guy Carpenter

‘The market has ample capacity and reinsurers are motivated to engage with cedents’: CEO.   5 September 2024

Reinsurance

BMS Re snares longstanding Aon leader for top US role

After 25 years at Aon, the executive will lead BMS Re’s US operations across MGA and more.   5 September 2024

Reinsurance

Enstar near $5.1bn takeover

Its ‘go-shop’ period for the $5.1bn deal with PE buyer Sixth Street has expired.   5 September 2024

Insurance

MNK Re powers up energy book with Amwins senior hire

‘Huge transformations’ are coming to the energy market, CEO says.   5 September 2024

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