News

Insurance

Swiss Re warns nat cat insured losses could double in a decade

Severe convective storms growing fastest in Europe, yet ‘massively underestimated’.   10 May 2024

Insurance

Fairfax, Allied World outlooks turns positive on strong performance

Positive shift due to improved underwriting earnings, cash flow, and stability.   10 May 2024

Insurance

Liberty Mutual returns to Q1 underwriting gain; trims every loss metric

Reinsurance and commercial property lead growth to balance retreat in personal lines.   10 May 2024

Insurance

CRC Group expands underwriting capabilities with new hires

The hires are part of the company’s strategic expansion efforts in the US.   10 May 2024

Technology

Insurtech funding falls to 4Y low in Q1 on dearth of mega deals

But early-stage deals soar to third best quarter on record; AI in focus at 28% of tally.   10 May 2024

Insurance

Expect cautious M&A activity to persist in 2024: WTW

Rising interest rates, and gaps in buyer and seller expectations dampening M&A deals.   10 May 2024

Insurance

Mosaic unveils $15m professional liability offering for engineers

The offering targets specialist engineers in a range of industries.   10 May 2024

Insurance

Aurora partners with AXA on new management liability offering

New offering covers D&O, employment practices and corporate legal liability.   10 May 2024

Reinsurance

Front Street Re plans expansion in North America with new CEO hire

The appointee worked at Converge Re, and spent majority of his career in Toronto at Manulife Financial.   10 May 2024

Reinsurance

Hamilton joins the chorus: reinsurer solidarity will last the mid-years

Incremental capital may flow to the market, but chiefly chasing higher limits.   9 May 2024

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