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Commercial rate growth slows to 2% in Q4; D&O, cyber in decline: Marsh
Insurance
Commercial rate growth slows to 2% in Q4; D&O, cyber in decline: Marsh
US commercial property slowing from Q2 2023 peak, but still double-digit to end-year.   5 February 2024
SiriusPoint mulls marine & energy expansion; snags 14-year Markel veteran
Insurance
SiriusPoint mulls marine & energy expansion; snags 14-year Markel veteran
The re/insurer has also tapped a senior underwriter from QBE as head of energy.   5 February 2024
Duperreault-backed insurer projects rapid premium growth
Insurance
Duperreault-backed insurer projects rapid premium growth
The insurer plans to write a casualty and specialty book, says AM Best.   5 February 2024
Insurance
BMS powers up upstream energy division with key hire from Alesco
The new director formerly worked at Howden Insurance Brokers.   5 February 2024
Insurance
WTW eyes expansion in UK affinity and embedded insurance sectors
‘Affinity is an exciting and high growth area for WTW’: Chris Gingell.   5 February 2024
Insurance
US insurance industry extends hiring spree into 2024, adds 4800 jobs
5 February 2024
Reinsurance
Concerns raised over UK pension fund transfers to offshore re/insurers
Trustees flag unknown risks and ‘potentially less stringent’ regulations.   5 February 2024
Insurance
Ardonagh acquires Scottish healthcare broker as UK demand rises
Broker ‘actively exploring’ health portfolio expansion.   5 February 2024
Reinsurance
Axis sees minimal hit to reinsurance cost after liability reserve boost
Broad-based portfolio improvements since 2019 should assuage reinsurer concerns.   5 February 2024
Risk Management
‘Active insurer’ of digital risk appoints UK claims leader
Experienced hire has acted as breach response counsel for many clients.   5 February 2024

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