News

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

Insurance

Munich Re on still-lax cyber wordings: ‘we prefer not participating’

Cutting poorly-worded cyber fuelled decline in Munich Re’s quota share casualty at 1/7.   10 August 2023

Insurance

New cyber MGA tailored for small and medium-sized businesses launches

It is underwritten by insurers at Lloyd’s, and placed by Acrisure Re.   10 August 2023

Insurance

Lancashire plans US company in early 2024

It will operate under a delegated underwriting arrangement with Lancashire UK.   10 August 2023

Insurance

Munich Re bullish on €4bn target, ‘tapping into encouraging market’

Half year profit ‘considerably greater’ than expected: CEO Joachim Wenning.   10 August 2023

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