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Beazley likely held cyber hit on IT outage below $120m: Berenberg
Insurance
Beazley likely held cyber hit on IT outage below $120m: Berenberg
Beazley has the needed sub-limits, waiting periods and distance to affected sectors.   24 July 2024
Commercial rate hardening flatlines Q2, casualty as lone driver: Marsh
Insurance
Commercial rate hardening flatlines Q2, casualty as lone driver: Marsh
Property ends its run after leading as recently as Q4; FinPro & cyber softening stable.   24 July 2024
Chubb slows Q2, but holds double-digit growth; pre-cat margins flat
Insurance
Chubb slows Q2, but holds double-digit growth; pre-cat margins flat
Property lines feel ‘competitive’ versus a durable and needed trend for casualty firming.   24 July 2024
Reinsurance
New specialty reinsurer launches
It will underwrite specialty and casualty lines—D&O, PI, cyber and more.   24 July 2024
Reinsurance
Aon taps 30-year vet as new Bermuda CEO to drive innovation & risk transfer
The executive to replace its CEO and president of 38 years.   24 July 2024
Reinsurance
Martello Re mulls growth with $1.3bn capital raise
It entered the reinsurance market with MassMutual and HSCM backing in early 2022.   24 July 2024
Insurance
Markel expands casualty underwriting leadership
A 30-year industry exec with Chubb/AIG pedigree to lead Markel’s casualty suite of products.   24 July 2024
Insurance
Penn Mutual to sell $150bn asset manager to global PE giant
Fitch views the sale as ‘opportunistic’.   24 July 2024
Insurance
WTW grows M&A practice in Asia Pacific
The broker sees a strong opportunity to invest in the M&A market.   24 July 2024
Technology
Former SCOR boss and Guy Carpenter EMEA CEO appears at insurtech
The executive to provide strategic advice for global expansion.   24 July 2024

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