News

Insurance

Enstar to be acquired by investment firm Sixth Street for $5.1bn cash

Enstar will remain standalone but cease being a publicly traded company.   29 July 2024

Insurance

WR Berkley clears Crowdstrike IT outage with no material losses

The company considers the incident a ‘wake-up call’ on systemic risks.   24 July 2024

Reinsurance

SiriusPoint plucks new global ceded reinsurance head from AXIS after swift exit

The current head is leaving the company after just one year in the role.   23 July 2024

Insurance

‘Material impact’ on cyber loss ratios looms from CrowdStrike outage: Amwins

The event might drive a push towards clarity and consistency in wording and new exclusions.   25 July 2024

Risk Management

War & conflict risks on one-way street to trouble: Verisk Maplecroft

The scorecard has conflict escalation outpacing easing 28-5 and more flash points visible.   18 July 2024

Reinsurance

New specialty reinsurer launches

It will underwrite specialty and casualty lines—D&O, PI, cyber and more.   24 July 2024

Insurance

AIG and Ryan Specialty strike excess & surplus lines deal

Peter Zaffino said the deal is a major milestone for AIG and its MGU Private Client Select.   26 July 2024

Insurance

First insured loss estimates emerge from major worldwide IT outage

Parametrix says cyber insurance losses likely 10% to 20% of the total outage damage.   24 July 2024

Reinsurance

Peak Re reveals new chief risk officer

The appointee served as deputy chief risk officer since September 2022.   15 July 2024

Insurance

Lloyd’s clears path for Davies’ EU broking expansion

The approval will allow it to extend its broker incubation platform in Europe through Brussels.   23 July 2024

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