News

Insurance

Aon shares fall after earnings report even as revenue grows

Management claims ‘strong’ retention, growth in treaty & new business generation in Q2.   28 July 2023

Insurance

Arch can go as far as hard market takes it, and hard market has legs

A Cinderella market ‘it may be a while before the clocks strikes twelve.’ CEO Grandisson.   28 July 2023

Insurance

Unicorn insurtech bolttech nabs Aon leader for top role in Asia

The executive has held senior roles at Aon, AIG and Aegon.   28 July 2023

Insurance

Mapfre buys Mexican life insurer in LatAm expansion move

The two companies to jointly develop a range of life products.   28 July 2023

Insurance

Liberty Mutual joins exits: ends business owners’ line in California

The insurer to stop writing both new and renewal accounts of this line of business.   28 July 2023

Insurance

AXA develops generative AI with Microsoft for business use

The re/insurer to globally deploy AXA Secure GPT to its 140,000 employees soon.   28 July 2023

Insurance

AIG names reinsurance CEO Schaper as global chief underwriting officer

The appointment will take effect upon the closing of the sale of Validus Re to RenRe.   28 July 2023

Insurance

Predictive approach a must for emerging cyber risks: Mando CEO

Any historical perspective on risk no longer cuts it for emerging systemic and cyber risks—it’s time to fully embrace future-focused, predictive digital tech, Veysel Geylani, CEO and founder of Mando, told Intelligent Insurer.   28 July 2023

Insurance

SCOR sees capacity gap still driving reinsurance rate into 2024

Market outlook eclipsed at Q2 conference by investor confusion over discretionary reserves.   27 July 2023

Insurance

WTW grows 7% organically; cuts 2024 margin, EPS outlook on ‘headwinds’

The broker has reduced its 2024 margin and EPS targets to account for ‘short-term trends’.   27 July 2023

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