News

Insurance

IAG renews largest quota share agreement with Berkshire Hathaway

The insurer has also renewed its agreements with Munich Re and Swiss Re.   12 January 2023

Insurance

Reinsurance renewal rate hikes could extend into 2024: Moody’s

April and July renewal dates are certain to enjoy continued hard market conditions.   11 January 2023

Insurance

Worldwide Broker Network signals major expansion with senior appointments

The move is part of a wider initiative to build out its technology solutions strategy.   11 January 2023

Insurance

Ascot nabs ‘exceptional’ market leader from Marsh for top US role

The appointee will be responsible for Ascot’s North America underwriting strategy.   11 January 2023

Insurance

Clyde & Co enters new European market with 20-year insurance expert

The firm seeks to expand its European commercial disputes offering.   11 January 2023

Insurance

Major board reshuffle at Flood Re as clock ticks for its exit in few years

It comes at a critical time with just 16 years left for Flood Re to exit the market.   11 January 2023

Insurance

FEMA slashes reinsurance cover for US flood programme NFIP at 1.1

Headline coverage down by half & base retention points rise by $3 billion.   11 January 2023

Insurance

ABIR elects Hamilton CEO as first female chair in 30-year history

Convex chair Stephen Catlin and AIG Re CEO among other newly elected officers.   11 January 2023

Insurance

Aon, Mosaic team up on innovative ESG-focused fund-insurance platform

The ‘ground-breaking’ approach links ESG ratings with specialised underwriting of D&O coverage.   11 January 2023

Insurance

1.1 renewals pricing & terms to boost reinsurer margins 4pps in 2023: Fitch

Cat bond primary market could be the first real ray of hope on the capacity side.   11 January 2023

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