News

Insurance

Ardonagh MGA buys Zurich UK’s marine specialist Navigators & General

Navigators & General to join Geo Underwriting.   2 August 2024

Insurance

Allstate suffers $587m in July cats, $226m on just Hurricane Beryl

Sums have generally run well below the heavy-hitting 2023 tally, despite record May burst.   16 August 2024

Insurance

Zurich expands EV insurance partnership with Tesla

Zurich has been Tesla’s insurance provider in Switzerland since 2016.   29 July 2024

Reinsurance

Hannover Re grows 11.5% at mid-year renewals on ‘modest’ price gains

Demand decides: Hannover Re has double digit volume gain despite decline in treaty share.   12 August 2024

Insurance

D&O remains soft through Q2 on heavy competition and capacity: Aon

Insureds expand cover as Aon’s global D&O dashboard flashed green across all major regions.   16 August 2024

Insurance

Tokio Marine taps Arch talent to grow professional lines

Appointee to lead healthcare insurance for its cyber & professional lines group.   6 August 2024

Insurance

Fidelis launches new renewables MGA led by ex-AIG leader

‘Renewables is an area of huge opportunity for the insurance sector’: The Fidelis Partnership.   8 August 2024

Insurance

Hurricane Debby likely rendered nearly $1.4bn in insured losses: KCC

KCC expects $845m from wind, $130m from storm surge, & $440m from inland flooding.   16 August 2024

Reinsurance

Berkshire shrinks in reinsurance, slows in primary, lets Geico fly

The reinsurance segment shrunk GPW 5.4% y/y in Q2, citing property reductions.   5 August 2024

Reinsurance

Guy Carpenter names Marsh leader as general counsel

The appointee moves from Marsh after 13 years, where she was general counsel.   7 August 2024

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