News

Insurance

Former Marsh McLennan boss Glaser resurfaces at NY private equity firm

Glaser will help source new investments and support portfolio management at the firm.   10 January 2023

Insurance

Cat bond funds end 2022 on enduring recovery, cut Ian losses to 3.7%

The USD denominated composite index ends 2022 with 2.3% loss, ahead CHF & EUR measures.   10 January 2023

Insurance

Brokerslink eyes London & Lloyd’s markets; Ardonagh Specialty now part of its network

The move includes Price Forbes, Bishopsgate, Compass London Markets, Besso, and Inver Re.   10 January 2023

Insurance

WTW snags Aon talent to drive ‘new approach’ towards industry specialisation

The new hire has served for more than 20 years at Aon serving large and complex clients.   9 January 2023

Insurance

AXA XL taps 10-year company vet to drive ‘sustainable’ underwriting profitability

The appointee takes up the role of head of underwriting management for UK & Lloyd’s.   9 January 2023

Insurance

US insurance sector likely delivered second best M&A year on record

‘Buyers are still willing to pay higher multiples for high performing platform organisations.’   9 January 2023

Insurance

Fairfax’s Brit sells ‘fast growing’ MGU operations for $400m

Brit shifts focus on building out its core underwriting and digital capabilities.   9 January 2023

Insurance

IAG rejigs reinsurance at 1.1: hikes retention & pays 20-25% more on XoL

First-event retention rises 75% in ‘a rational economic decision’.   9 January 2023

Insurance

The Hanover mines Big 4 firm for new chief claims officer

New hire has held claims leadership roles at Aviva, Chubb, Allianz, and Liberty Mutual.   9 January 2023

Insurance

Global Risk pads Brown & Brown portfolio with latest MGA acquisition

It is the first MGA acquired under the group’s new owners Brown & Brown.   9 January 2023

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