News

Insurance

Chubb has Baltimore Bridge exposure, but 'nothing outsize,' CEO claims

The exposure fits the Chub large loss profile ‘within what we would contemplate.’   24 April 2024

News

Baltimore files suit on bridge collapse, cites outsize economic impact

Dali owner and operator showed ‘gross negligence and recklessness’ putting faulty ship to sea.   24 April 2024

Insurance

Marsh McLennan targets major P&C agency in $315.9m M&A deal

Marsh calls the asset a Top-5 bank-affiliated agency and top player in the US southeast.   24 April 2024

Insurance

BMS nabs AIG talent to operations c-suite role in reinsurance unit

The acquisition is no newbie to broking after prior tenures with Willis Re & Guy Carpenter.   24 April 2024

Insurance

Commercial rate growth slows again, now at 1% globally Q1: Marsh

P&C renewal rate growth slips, struggles to buoy declines in financial lines & cyber.   24 April 2024

Insurance

Chubb boosts P&C premium ca 13% Q1, holds margins amid retail recovery

US commercial premium balanced 13% P&C growth against 7.6% erosion of financial lines.   24 April 2024

Insurance

CFC builds out transactional liability for renewable energy deals

A new dedicated team can focus on tailored coverage for risks specific to renewables.   23 April 2024

Insurance

E&S won’t slow down in liability, may soon peak in property: Berkley

‘We'll try to make more hay in property before we call it a day … but property is peaking.’   23 April 2024

Insurance

WR Berkley adds Q1 margin on ca. 11% top line growth

Berkley moved heavy into short-tail in primary insurance plus a big gain in property re.   23 April 2024

Insurance

Fidelis Partnership taps Howden Re head of casualty fac

The new appointment steps in as head of capacity and ceded reinsurance.   23 April 2024

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