News

Insurance

NFP taps Gallagher to expand in ‘challenging’ aviation market

The recruit has also worked at Allianz and Ironshore.   24 May 2023

Insurance

TWIA polishes off last $1bn leg in 2023’s $4.5bn reinsurance tower

The 2023 additions to the tower include $1bn traditional & $500m cat bond excess of $3bn.   24 May 2023

Insurance

Prudential to reinsure $10bn variable annuity block with Constellation

The move aims to enhance capital flexibility and decrease market sensitivity.   24 May 2023

Insurance

Gallagher snaps up Florida retail insurance broker

It specialises in the construction and swimming pool industries.   24 May 2023

Insurance

RenRe’s $3bn Validus deal: global status soars, but volatility looms

Moody’s warns on volatility as RenRe ascends to top five P&C reinsurer with the deal.   24 May 2023

Insurance

AIG senior exec leaves for Ascot to lead large public D&O strategy

The hire spent nearly a decade with AIG in a range of financial lines roles.   24 May 2023

Insurance

Ryan Specialty buys US broker with expertise in complex lines

The acquired firm will sit within its RT Specialty business.   24 May 2023

Insurance

UK motor policy inflation accelerates again, distancing claims costs

Cumulative policy price gains since pandemic have beaten a straight blend of costs for 4M.   24 May 2023

Insurance

RenRe prices SPO for $1.2bn to $1.4bn gross to launch Validus Re funding

New shares, at 15% of current equity, provide ca. half of the Q4 payment.   24 May 2023

Insurance

WTW launches first-of-its-kind solution to fill ‘critical’ coverage gaps in intangible risks

Tokio Marine Kiln (TMK) is the carrier partnering on the solution.   24 May 2023

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