News

Insurance

New CEO at Vesttoo sets new course for the courthouse

The scandal-ridden insurtech vows broad legal action to clear its name, recoup damages.   11 August 2023

Insurance

Munich Re on track for 25% growth targets in specialty insurance

Margins can still enjoy untapped synergies in underwiring, sales, claims and more.   11 August 2023

Insurance

Brookfield Re will join the $100bn club on Argo & AEL buys

Re/insurer says it will be a leading US annuity originator after close of AEL purchase.   11 August 2023

Insurance

QBE cat losses and new reserves boost combined ratio to a full 98.8%

North American commercial operations slip to outright loss on the H1 nat cat hit.   11 August 2023

Insurance

US motor insurance costs rise again, trim enduring gap to claims costs

Repair cost inflation continues to outpace; parts & used vehicle costs now tamed.   11 August 2023

Insurance

It's a consensus: the Atlantic is in high hurricane gear

NOAA joins the trend for upping forecasts, sees 60% chance of above-average season.   11 August 2023

Insurance

Allianz takes rate to catch inflation & push Q2 P&C margins

Allianz claimed 7.4% rate change on renewals after 6M, up from a 5.6% gain at end-Q1.   10 August 2023

Insurance

Lull in insurer M&A ‘short-lived’, market to rebound by end of 2023

Insurers are taking ‘keep calm and carry on’ approach; appetite for insurtechs ‘diminishing’.   10 August 2023

Insurance

Rokstone to expand into D&O ‘sweet spot’

The ‘bold move’ aims to solidify its position in the financial lines market.   10 August 2023

Insurance

Munich Re-backed insurtech At-Bay transitions to full-stack E&S carrier

It secured an AM Best rating of A- with stable outlook in April.   10 August 2023

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