News

Insurance

Polo & Aon craft Lloyd’s SIAB tackling California wildfire risks

New syndicate to provide capacity for E&S commercial wildfire risk in California.   24 July 2023

Insurance

Leaving California: insurer withdrawal notifications double

AIG, QBE, Farmers, Berkshire Hathaway, Kemper and others on the 2022 evacuee list.   24 July 2023

Insurance

Prudential to reinsure $12.5bn life block with Somerset Re

The deal is part of its strategy to reduce market sensitivity and boost capital flexibility.   24 July 2023

Insurance

Brown & Brown buys Vermont MGA targeting hard-to-place risks

The acquisition aims to expand its presence in the US Northeast region.   24 July 2023

Insurance

Swiss Re, Convex executives set world record rowing the Pacific

Business was also transacted in the middle of the Pacific Ocean.   24 July 2023

Insurance

TT Club director and chairman Kranich retires after 16 years

The mutual insurer has appointed a chairman and three new directors.   24 July 2023

Insurance

Watch the M&A tail: claims flow on warranties’ policies suffer delay

Notifications rose 25% in 2022, but not yet on the burst of 2021 M&A dealmaking: Marsh.   24 July 2023

Insurance

Allianz Commercial launches in global property & casualty markets

The integrated model aims to streamline trading approach and broaden services.   24 July 2023

Insurance

MS Reinsurance nabs QBE Re talent as lead treaty underwriter

The reinsurer has made recent key hires from PwC, Swiss Re, Axis Re and Partner Re.   24 July 2023

Insurance

Arch raids Liberty, Hiscox, Travelers to expand in UK financial lines market

The insurer is ‘keen’ to develop its professional indemnity book of business.   24 July 2023

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