News

Insurance

Aon mines Ardonagh C-suite for chief broking role to navigate ‘volatility’

The exec boasts 20 years’ leadership experience at Aviva, Marsh and Ardonagh.   2 August 2023

Insurance

HDI targets major UK&I growth, fills top roles with Chubb leaders

Chubb execs take on underwriting and cyber leadership roles, joined by Aviva & RSA hires.   2 August 2023

Insurance

Hiscox ESG Lloyd’s syndicate underwrites first risks with Aon deal

It will provide cover for a new wind farm in Spain and a solar farm risk in the US.   2 August 2023

Insurance

Allstate turns Q2 cat losses into eye-popping $1.4bn net loss

Regulated rate can’t catch cat losses & reserves, barely covers plain-old frequency-severity   2 August 2023

Insurance

AXIS Capital profit jumps in Q2 amid pivot to specialty lines

Insurance segment improves, ‘favourable’ conditions drive growth in target markets.   2 August 2023

Insurance

Covéa’s PartnerRe turns loss to profit: ‘disciplined approach’ pays off

Reinsurer bounces back from a $1bn loss of last year to post a solid profit in H1 2023.   2 August 2023

Insurance

Miller set for European expansion, poaches top talent from Marsh

Miller says Europe and Asia are key markets with ‘significant opportunity’ for the business.   2 August 2023

Insurance

AIG suffers Q2 margin slippage, underwriting profit down 26% y/y

Rate over loss trend in NA commercial cheers as cats & reserves hit overall margin.   2 August 2023

Insurance

Allstate slashes Florida reinsurance, rebuilds US core tower piecemeal

Florida limits down by a third; traditional contracts down by nearly half.   2 August 2023

Insurance

Ardonagh forges Dutch powerhouse with HNW broker acquisition

Deal aligns with European growth strategy; complements Léons and Klap.   2 August 2023

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