News

Alternative Risk Transfer

Bank at centre of Vesttoo fiasco burst onto collateral listings in ‘22

A full 49 insurers held LoCs they believe were backed by China Development Bank   18 August 2023

Insurance

Chubb pushes insiders up the Asian ladder, including new region head

The continuing chain of promotions puts new leaders atop Japan & Korea units.   18 August 2023

Insurance

Lloyd’s slates 2023 capacity auctions starting mid-October

In 2022, sold capacity of £254.57m was up 59% y/y; turnover rose 61.5%.   18 August 2023

Insurance

Scaling new heights: Ardonagh Specialty’s growth acceleration post-M&A

The acquisition of BGC’s insurance businesses is helping the independent broker’s business to grow bigger and faster, says Antony Erotocritou, CEO of Ardonagh Specialty.   18 August 2023

Insurance

The Hanover promotes 20-year vet to lead in small commercial

The new lead has risen to CUO of small commercial since arriving from OneBeacon and Chubb.   18 August 2023

Insurance

Atlantic storm drivers lining up for increasingly active end to August: CSU

Models show some “quite aggressive” warnings with lingering driver still set to kick-in.   18 August 2023

Insurance

AXA XL promotes 10-year insider to lead growth in US central zone

The new leader came to AXA XL in 2013, rose through excess casualty & distribution.   18 August 2023

Insurance

Munich Re beats rivals Hannover Re & SCOR on 2023 hurricane resilience

Munich Re’s 22% run-up in Atlantic hurricane exposure doesn’t dent its lead on solvency.   18 August 2023

Insurance

Hurricane Hilary bears down on Baja Mexico & California

Conditions ‘ripe for Hilary to rapidly intensify’ on sidewinding approach to the coast.   17 August 2023

Insurance

Allstate tames the cats in July; losses finally track storm counts

The July gross loss is up 50% y/y, but still a major relief against the Q2 trend.   17 August 2023

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