News

Insurance

Allstate suffers $1.5bn gross hit from May surge in storm activity

Q2 2024 2M price tag is now ahead of the already notable prior year pace.   20 June 2024

Insurance

AM Specialty drives further into E&S with key acquisition

The deal brings in a national program administrator, MGA, and surplus lines broker in one.   13 June 2024

Reinsurance

London Market rides E&S flows to facultative reinsurance boom: Amwins

Facultative is enabling serious capacity, even the return of the $100m shared & layered account.   12 June 2024

Insurance

D&O insurance barks, but does not bite; profits may roll on: AM Best

After the best margins in a decade, carriers feel ‘little pressure’ to hike rates.   19 June 2024

Risk Management

AmTrust MGA ANV expands transactional risk offer to US, starts from R&W

The new unit will be led by execs hailing from Chubb and Vale Insurance.   18 June 2024

Insurance

KBRA warns: Florida remediation may always be too little, too late

Restructuring and capital consolidation can’t fend off outlook downgrade as losses stack up.   17 June 2024

Insurance

Markel taps ex-AXA XL talent to head North American Fine Art ambitions

Markel sees ‘significant potential’ as collector base and art valuations grow.   13 June 2024

Insurance

Margins safe post-peak, ‘fragilities’ put floor on rate downside: Ark

Casualty remains defiant of loss trend; youngish Ark has yet to be truly tempted.   10 June 2024

Insurance

Ryan Specialty as perma-bull: double digit growth all but guaranteed

The can’t miss E&S market can’t avoid wholesalers with pre-existing scale, Ryan claims.   6 June 2024

Insurance

Lloyd’s goes bigger in Americas and Caribbean; eyes ‘opportunities to expand’

It is launching a new hub in LatAm, may target US E&S as sector ‘continues to grow’.   6 June 2024

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