News

Reinsurance

Arch went cat-shy mid-year as forecasts raged, but could swing any day

With a full field of well-priced lines, why chase cat ‘at the risk of being unlucky?’.   5 August 2024

Technology

Insurtech funding grows to $1.3bn amid four-year low in deals: Gallagher Re

Q2 2024 witnessed the sharpest deal drop since Q2 2020, plummeting 23.4% quarter-on-quarter.   5 August 2024

Insurance

QBE eyes German market with former 16-year WTW veteran

Ex-broker to drive growth in marine, cyber and sustainable energy lines.   5 August 2024

Insurance

CrowdStrike may boost cyber rate as insureds seek better cover: Ryan

The boost to threat awareness ‘will inspire incremental buyers’.   5 August 2024

Reinsurance

Berkshire shrinks in reinsurance, slows in primary, lets Geico fly

The reinsurance segment shrunk GPW 5.4% y/y in Q2, citing property reductions.   5 August 2024

Insurance

Miller expands Asia leadership with former KPMG/Deutsche Bank senior hire

The hire to broaden its credit and political risk offering into the Asian marketplace.   5 August 2024

Insurance

Hurricane Debby targets Big Bend Florida, brings major rainfall threat

A slow-go path to the east coast could bring ‘historic’ rainfall and flooding threats.   5 August 2024

Insurance

Ambac doubles P&C operations, Beat gains firepower to expand globally

The acquisition places Ambac on track to produce approx. $1.4bn in premiums for 2024.   5 August 2024

Insurance

US insurance job counts slow in July after heavy-hiring Q2

Brokerages & agencies added 11,600 jobs in Q2, accounting for 56% of Q2 industry gains.   5 August 2024

Insurance

Arch Insurance International unveils new CFO following exit

The appointee was CFO of the UK operations, and previously corporate financial controller at Talbot.   5 August 2024

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