News

Reinsurance

AXA XL swoops for 26-year Swiss Re veteran for North America C-suite

CEO Guidée says appointee has ‘all that it takes’ to boost business ‘to the next level’.   18 October 2024

Reinsurance

Allianz mulls revising $1.64bn Income Insurance deal after Singapore blocks

Singapore government is dissatisfied with the deal's current terms and structure.   18 October 2024

Insurance

Not ‘grey swan’, but Milton still among costliest hurricanes

Moody’s RMS pegs ‘best estimate’ for Helene and Milton losses at $37bn.   18 October 2024

Reinsurance

Guy Carpenter posts strong growth for Marsh McLennan in Q3

MMC CEO Doyle said the group is ‘on track for another great year in 2024’.   18 October 2024

Technology

AI is like a ‘co-pilot’ in the claims environment

The technology is already supporting adjusters in many ways from improving decision accuracy to flagging fraudulent activity but caution is needed over data privacy, says Crawford & Company’s Wayne Brand.   18 October 2024

Insurance

Miller snags ex-SRG COO for UK and international expansion

It has hired a new leader boasting pedigree from SRG, JLT and Carpenter.   17 October 2024

Insurance

Florida’s HCI Group weathers $750m hurricane losses

The loss estimates are attributable to Hurricanes Debby, Helene, and Milton.   17 October 2024

Reinsurance

LM Re strengthens specialty casualty underwriting with ex-Vantage Risk hire

The executive will focus on complex financial institutions risks.   17 October 2024

Insurance

Verisk sees potential $50bn insured loss hit from Hurricane Milton

Milton to have higher losses than Helene due to lower flood insurance take-up rates.   16 October 2024

Insurance

McLarens enhances complex loss capabilities for Lloyd’s & London

It has brought in a 40-year veteran to drive its Lloyd’s and London market offerings.   16 October 2024

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