News

Insurance

Guy Carp says market should focus on ‘kitty cats’ over single super cat post-CrowdStrike

Insured losses from CrowdStrike IT outage up to $1bn, broker predicts.   2 August 2024

Insurance

AXA solidifies position in Italian P&C market with €423m+ acquisition

AXA expects the deal to diversify its distribution channels in the Italian market.   2 August 2024

Insurance

Future-fitting tomorrow’s insurance talent

Emerging risks and advances in AI and digital technology mean that the skills required in the future will not be the same as those needed in the past, says Aon partner.   2 August 2024

Insurance

Markel maintains steady premium growth despite underwriting dip in H1 2024

CEO Gayner is encouraged as ‘corrective actions’ in key product lines start to pay off.   2 August 2024

Insurance

Ardonagh wraps up key acquisition in Latin America

The combined operation will manage over £1.3bn in gross written premiums.   2 August 2024

Insurance

New chief executive to lead TT Club into a ‘challenging future’

Incumbent CEO will remain ‘close to the business’.   2 August 2024

Insurance

+Simple acquires Spanish underwriting agency

The deal comes six months after it merged with GMBC.   2 August 2024

Insurance

Corebridge deconsolidation hits AIG with $4.7bn loss despite ‘stellar’ underwriting

The insurance group plunged to a substantial loss in Q2 compared to $1.5bn profit last year.   1 August 2024

Insurance

Howden harmonises deal to acquire Allianz UK’s music insurance book

Combined, the two businesses represent £7.3 million GWP.   1 August 2024

Reinsurance

Miller buys European reinsurance capital advisory in major expansion move

It says new franchise an opportunity to meaningfully expand reinsurance capabilities.   1 August 2024

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