News

Insurance

Markel strikes UK motor loss portfolio transfer with Marco Capital

The transaction significantly reduces Markel’s exposure from discontinued lines of business.   21 March 2023

Insurance

Gallagher snags Oneglobal leader to drive growth plans in Asia

Former Allianz, Aon & Marsh exec to lead its construction and energy growth strategy.   21 March 2023

Insurance

Gallagher buys US retail insurance broker

The broker offers a variety of commercial and personal insurance products across Indiana.   21 March 2023

Insurance

BMA picks former American Express C-Suite leader for COO post

The appointee has more than 26 years of expertise in the financial services sector.   21 March 2023

Alternative Risk Transfer

Cat bonds down to $34.5bn, top avenue for ILS growth restart: AM Best

ILS capacity may stretch to $98.5bn, but ILWs, collateralised deals & sidecars shackled.   20 March 2023

Insurance

Berkshire’s BHSI reveals new professional indemnity leader in UK

The appointee has a decade of experience in the professional indemnity market.   20 March 2023

Insurance

Tokio Marine swoops on Atradius and Coface for trade credit expansion

Both Atradius and Coface are specialists in trade credit insurance.   20 March 2023

Insurance

Flood Re to meet US govt, key regulators to drive flood resilience

Representatives from the insurance and broking sector to spread resilience message in the US.   20 March 2023

Insurance

Chile secures $630m earthquake insurance deal with World Bank

Aon, Guy Carpenter and Swiss Re Capital Markets acted as joint structuring agent.   20 March 2023

Alternative Risk Transfer

Florida’s Citizens pads ILS arsenal for leveraged power, up to $500m due

Citizens moves to industry-loss trigger to leverage all accounts ahead of legal merger   20 March 2023

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