News

Insurance

Big shake up at Helvetia in strategic international move

The Swiss insurer aims to become an integrated international group.   17 May 2024

Reinsurance

Gallagher Re and Oxford partner to model marine chokepoints in global supply chain

Research simulates real disaster scenarios, addressing risks beyond marine insurance.   16 May 2024

Reinsurance

Top Swiss Re ‘architect’ to leave after 12 years; led iptiQ exit strategy

His business unit to be reassigned to other areas of the group as restructuring continues.   16 May 2024

Insurance

Zurich got Farmers to profits fast, but new business can wait

Policy counts will only begin to rise from 2025, once transformation is clearly over.   16 May 2024

Reinsurance

Swiss Re to exit iptiQ: strategic shift sparked by weak demand, lower tech threat

Bits of ‘unambiguous value’ may find buyers, earlier-stage entities may get run-off.   16 May 2024

Reinsurance

Swiss Re grew top-line ca 5% y/y Q1 on march to target-beating margins

Swiss Re otherwise made its IFRS17 debut without a single year-on-year pro forma comparison.   16 May 2024

Reinsurance

Swiss Re increased book 6% at 4.1 while piling out of casualty

Market discipline should hold through mid-years: supply looks ‘adequate,’ but not ‘excessive.’   16 May 2024

Insurance

AIG trims Corebridge shares in $3.8bn deal with Japanese giant

The global insurer is selling approx. 120m shares of its Corebridge common stock.   16 May 2024

Reinsurance

Swiss Re pegs loss on Baltimore bridge collapse at $100m gross

The event went exclusively to the P&C reinsurance book with no material cover at CorSo.   16 May 2024

Technology

Insurtech Cover Genius nabs $80m fresh capital from Twitter/Slack early investor

The funding to fuel its global expansion plans in embedded insurance—a growing market.   16 May 2024

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