News

Insurance

Create the right culture to retain top talent

People need to engage in meaningful work and be supported by a culture where it’s safe to experiment and speak up, says QBE’s people director.   30 July 2024

Insurance

Enstar to be acquired by investment firm Sixth Street for $5.1bn cash

Enstar will remain standalone but cease being a publicly traded company.   29 July 2024

Reinsurance

BMS makes bold acquisition creating over £8bn GWP business

The broker has unveiled its largest acquisition; will expand specialty retail, London and MGA reach.   29 July 2024

Reinsurance

Bank of England threatens to restrict ‘amount and structure’ of funded reinsurance

CEOs told BoE will consider intervening to prevent rapid build-up of risks in the sector.   29 July 2024

Reinsurance

Chubb hikes retentions and ups tower to $5.7bn in US cat reinsurance

Core US tower rises by $2.2bn, but spectrum of coverage in new top layer may have thinned.   29 July 2024

Reinsurance

Munich Re enjoys upgrade, ‘well with peers’ on profit, better in diversification

S&P says Beryl, CrowdStrike, Baltimore losses likely within Munich Re’s loss budget.   26 July 2024

Reinsurance

US property cat reinsurance demand up ca 15% as buyers gain power

Supply has risen to the occasion, but not exceeded; market remains ripe, RenRe says.   26 July 2024

Reinsurance

Allianz makes leadership appointment in sustainability push

The appointee will drive the strategy across commercial, personal, and other key segments.   26 July 2024

Reinsurance

RenRe more than doubles Q2 profit in hard market

Property shone with 9pps CR improvement against moderate slippage in casualty.   25 July 2024

Reinsurance

SCOR hit with fresh ratings blow as AM Best signals trouble and places on watch

It follows an unheralded mass of new reserves in life & health.   25 July 2024

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