News

Insurance

Things can only get better: “chaos” at mid-year renewals

Florida insurance failures and last-minute legislative changes put re/insurers in disarray at the 1/6 renewals. The result was the worst chaos and capacity crunch seen in years, according to Ariel Re.   20 June 2022

Insurance

Gallagher Re makes raft of senior hires to boost Asia Pacific leadership

Broker says Asia Pacific region is a “significant growth area’ for Gallagher Re.   17 June 2022

Insurance

WTW looks to Aon and DE Shaw for expansion in North America

New hires to join the leadership of WTW’s M&A and life sciences industry practices.   17 June 2022

Insurance

Thomas Miller Specialty on hunt for new CUO as Hellman steps down

The current CUO will move to focus on growth of the company’s offshore business.   17 June 2022

Insurance

Tokio Marine sells Highland’s construction business to Intact

The business offers primary and excess builders risk insurance in the US.   17 June 2022

Insurance

Allstate held reinsurance coverage tight through renewals – at a cost

US homeowner powerhouse last seen paying nearly 30% higher reinsurance rates through H1   17 June 2022

Insurance

Peak Re at risk of downgrade, faces credit contagion risks from parent

The reinsurer’s strengths are offset by its relatively lower profitability than global peers.   17 June 2022

Insurance

Chubb bolsters ESIS, North America accident & health leadership

The appointees will look to further grow its critical market segments.   17 June 2022

Insurance

Corvus lands former AIG, Wells Fargo data & tech expert as first CDO

The new hire brings over 25 years of advanced analytics experience to Corvus.   17 June 2022

Insurance

Aon Cayman leader exits for new opportunity, replacement revealed

The new MD has overseen the establishment of some 50 insurance captives and reinsurers in Cayman.   17 June 2022

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