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Insurance
Lockton to launch US construction casualty business with Arch Re talent
The broker has recruited Arch Re Europe’s casualty facultative leader.   16 February 2024
Insurance
Munich Re backs restoration project for California wetlands
The reinsurer has invested in private oil and gas company Synergy.   16 February 2024
Technology
KYND secures ‘substantial investment’ from Verisk and BGF for expansion
New funding to help develop its cyber risk technology.   16 February 2024
Insurance
Allstate faces $276m January cat losses; will pursue rate hikes
Two events accounted for roughly 80% of the losses.   16 February 2024
Insurance
DUAL adds C-suite power from top insurers to drive major growth in UK
The recruits join from Allianz, AXA and IQUW.   15 February 2024
Insurance
Howden makes bold move into captive management with acquisition
The broker says this is a growing market with strong demand for new entrants.   15 February 2024
Reinsurance
WTW secures Munich Re backing for insuring Hawaii’s iconic coral reefs
The policy now covers all main islands with increased payouts using parametric cover.   15 February 2024
Technology
Insurtech startup Cake secures $1.3m slice to ‘revolutionise’ insurance M&A
It eases the process of liquidating assets to spur growth for independent insurance agents.   15 February 2024
article
Arch reinsurance profit jumps, CEO bullish on ‘excellent’ market conditions
The re/insurer’s net profit climbs to $2.3bn in fourth quarter 2023.   15 February 2024
Insurance
Allianz sets up specialised claims unit for key financial lines
It will focus on Allianz’s D&O and professional indemnity propositions.   15 February 2024

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