News

Insurance

Euro insurer CEO’s take avg. 10% pay raise; the bias is in the bonus

Swiss Re & SCOR both slipped on bonus performance metrics, now below 5Y averages.   15 September 2023

Insurance

Sompo transforms UK leadership to drive growth and expansion

New CEO appointed for UK commercial P&C insurance business.   15 September 2023

Insurance

Caribbean cat pool CCRIF adds Honduras, expands parametric coverage in Central America

The Honduran government has purchased parametric insurance coverage for excess rainfall.   15 September 2023

Insurance

Hippo investors call for strategic review over ‘abysmal’ results

‘Concerned’ shareholders have issued an open letter to Hippo’s board of directors.   15 September 2023

Insurance

Brit leverages rate & Ki for growth, sidesteps nat cat for profit

The all-digital Lloyd’s syndicate Ki took 32% GWP growth H1 to secure Brit top-line gain.   15 September 2023

Insurance

Ryan Specialty fills lead role in transfer pricing insurance unit

The company has hired a former Enstar and PwC senior tax practitioner.   15 September 2023

Insurance

Allstate seeks long-odds all-loss aggregate reinsurance to protect capital

H1 cats had stacked up for 64.7 pts on the H1 combined ratio on way to $1.7bn loss.   15 September 2023

Insurance

Ardonagh deal to create major new player in UK insurance market

The merged group will transact £3bn+ annual GWP across multiple personal lines products.   15 September 2023

Insurance

Origami Risk eyes MGA market with acquisition

MGAs are a driving force in the UK, it says.   15 September 2023

Insurance

Arch launches proactive cyber insurance solution in US

It aims to ‘redefine’ what brokers and policyholders can expect from a cyber insurance policy.   15 September 2023

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