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Fidelis to lean into attractive lines for growth after large losses dent profits
Reinsurance
Fidelis to lean into attractive lines for growth after large losses dent profits
The specialty re/insurer with a new Lloyd’s syndicate grew its top line by 21.6%.   10 May 2024
Swiss Re warns nat cat insured losses could double in a decade
Insurance
Swiss Re warns nat cat insured losses could double in a decade
Severe convective storms growing fastest in Europe, yet ‘massively underestimated’.   10 May 2024
Fairfax, Allied World outlooks turns positive on strong performance
Insurance
Fairfax, Allied World outlooks turns positive on strong performance
Positive shift due to improved underwriting earnings, cash flow, and stability.   10 May 2024
Insurance
Liberty Mutual returns to Q1 underwriting gain; trims every loss metric
Reinsurance and commercial property lead growth to balance retreat in personal lines.   10 May 2024
Insurance
CRC Group expands underwriting capabilities with new hires
The hires are part of the company’s strategic expansion efforts in the US.   10 May 2024
Technology
Insurtech funding falls to 4Y low in Q1 on dearth of mega deals
But early-stage deals soar to third best quarter on record; AI in focus at 28% of tally.   10 May 2024
Insurance
Expect cautious M&A activity to persist in 2024: WTW
Rising interest rates, and gaps in buyer and seller expectations dampening M&A deals.   10 May 2024
Insurance
Mosaic unveils $15m professional liability offering for engineers
The offering targets specialist engineers in a range of industries.   10 May 2024
Insurance
Aurora partners with AXA on new management liability offering
New offering covers D&O, employment practices and corporate legal liability.   10 May 2024
Reinsurance
Front Street Re plans expansion in North America with new CEO hire
The appointee worked at Converge Re, and spent majority of his career in Toronto at Manulife Financial.   10 May 2024

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