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Hiscox ESG Lloyd’s syndicate underwrites first risks with Aon deal
Insurance
Hiscox ESG Lloyd’s syndicate underwrites first risks with Aon deal
It will provide cover for a new wind farm in Spain and a solar farm risk in the US.   2 August 2023
Allstate turns Q2 cat losses into eye-popping $1.4bn net loss
Insurance
Allstate turns Q2 cat losses into eye-popping $1.4bn net loss
Regulated rate can’t catch cat losses & reserves, barely covers plain-old frequency-severity   2 August 2023
AXIS Capital profit jumps in Q2 amid pivot to specialty lines
Insurance
AXIS Capital profit jumps in Q2 amid pivot to specialty lines
Insurance segment improves, ‘favourable’ conditions drive growth in target markets.   2 August 2023
Insurance
Covéa’s PartnerRe turns loss to profit: ‘disciplined approach’ pays off
Reinsurer bounces back from a $1bn loss of last year to post a solid profit in H1 2023.   2 August 2023
Insurance
Miller set for European expansion, poaches top talent from Marsh
Miller says Europe and Asia are key markets with ‘significant opportunity’ for the business.   2 August 2023
Insurance
AIG suffers Q2 margin slippage, underwriting profit down 26% y/y
Rate over loss trend in NA commercial cheers as cats & reserves hit overall margin.   2 August 2023
Insurance
Allstate slashes Florida reinsurance, rebuilds US core tower piecemeal
Florida limits down by a third; traditional contracts down by nearly half.   2 August 2023
Insurance
Ardonagh forges Dutch powerhouse with HNW broker acquisition
Deal aligns with European growth strategy; complements Léons and Klap.   2 August 2023
Insurance
Lockton Re expands CyberCube partnership to include exposure databases
It says the dataset offers opportunities for alternative cyber reinsurance.   2 August 2023
Insurance
Stephen Catlin’s Convex invests €20m in clean ocean fund
Convex sees investing in sustainable blue economy as ‘vital’ in fight against climate crisis.   2 August 2023

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