News

Insurance

Gallagher strengthens European cyber expertise with senior Chubb hire

Appointee to help drive new business growth in Europe.   30 July 2024

Reinsurance

Allstate cuts Florida reinsurance tower at mid-year, shifts toward ILS

ILS starts the heavy lifting from the $340m mark, less than half the prior year trigger.   2 August 2024

Insurance

Mapfre bolsters C-suite to fuel transformation and innovation

The re/insurer has appointed a new group chief innovation officer.   1 August 2024

Insurance

Everest Q2 profit up 8% despite higher reinsurance cat losses

The re/insurer posted record investment returns for the quarter.   1 August 2024

Insurance

Markel maintains steady premium growth despite underwriting dip in H1 2024

CEO Gayner is encouraged as ‘corrective actions’ in key product lines start to pay off.   2 August 2024

Alternative Risk Transfer

Markel ILS unit Nephila bleeds assets again, despite premium surge

Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024

Insurance

AXA solidifies position in Italian P&C market with €423m+ acquisition

AXA expects the deal to diversify its distribution channels in the Italian market.   2 August 2024

Insurance

AXA to exit asset management, seeks $5.6bn in exclusive sale talks

The deal includes a partnership to build a European asset manager with €1.5tr in assets.   2 August 2024

Insurance

Corebridge deconsolidation hits AIG with $4.7bn loss despite ‘stellar’ underwriting

The insurance group plunged to a substantial loss in Q2 compared to $1.5bn profit last year.   1 August 2024

Insurance

Lockton hooks in 15-year WTW expert to steer marine growth in Asia

The broker seeks to accelerate its marine growth in Asia.   1 August 2024

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