News

Reinsurance

Aon attracts capital advisory veteran to boost capacity in Lloyd’s market

The executive founded London Innovation Underwriters to deploy funds into the Lloyd’s market.   8 May 2024

Insurance

Ardonagh in landmark deal to acquire Australian broker for A$2.3bn

The acquired firm has over 40 trading brands and operations in seven countries.   8 May 2024

Reinsurance

Social inflation has pricing inadequate in ‘a number of lines’- Munich Re

Social inflation faces no curbs; ‘Why should it dampen at all?’ CFO Jurecka asks.   8 May 2024

Reinsurance

Munich Re grows P&C reinsurance book 6.1% at 4.1; mid-year still ripe

Pricing edged down fractionally overall, kept pace with loss trend ‘for the most part.’   8 May 2024

Reinsurance

Munich Re hikes margins for 11 ratio points, but warns on early optimism

Baltimore bridge leads Q1 major loss tally, but remains ‘exceptionally difficult’ to pinpoint.   8 May 2024

Insurance

WTW boosts global cyber facility with 50% higher capacity, broader coverage

The broker says its participating Lloyd’s insurers has doubled since 2023 launch.   8 May 2024

Insurance

IGI sees strong growth amid ‘mixed’ market conditions

The re/insurer has reported improved underwriting and investment results in the first quarter.   8 May 2024

Insurance

Evolin launches Chaucer-led terrorism facility underwritten at Lloyd’s

The London market broker has also launched a new cyber facility.   8 May 2024

Reinsurance

TWIA will close $6.5bn tower within days, adds $900m cat bonds for ‘24

The $6.5bn target required $4.05bn in total reinsurance, an 80% increase on the prior year.   8 May 2024

Insurance

WTW MGU Verita expands casualty offering in US

New offering targeted towards mid-sized and larger companies.   8 May 2024

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