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Insurance
OneAdvent strikes capacity deal with hybrid fronting insurer
It will provide capacity to underwrite waste management & recycling risks.   24 July 2024
Insurance
MGU Carbon to launch new Lloyd’s Syndicate 5757 in January 2025
Carbon looks to access the expansive US programme market.   23 July 2024
Insurance
Penn Mutual to sell $150bn asset manager to global PE giant
Fitch views the sale as ‘opportunistic’.   24 July 2024
Insurance
Chubb slows Q2, but holds double-digit growth; pre-cat margins flat
Property lines feel ‘competitive’ versus a durable and needed trend for casualty firming.   24 July 2024
Insurance
AIG taps Accenture for C-suite position
The appointee worked at Berkshire Hathaway & General Electric.   15 July 2024
Reinsurance
MGA Banyan Risk ‘jumping in feet first’ in challenging excess casualty market
PartnerRe to back launch of its new venture, led by ex-Markel and AXIS executive.   19 July 2024
Reinsurance
Hard market in non-life to continue over 2024 and 2025: Swiss Re
Inflation and rising claims costs push rates higher; P&C carriers to remain profitable in 2024.   19 July 2024
Alternative Risk Transfer
Everest targets third-party capital growth with Mt. Logan Capital Management launch
Everest says the platform to provide ‘diversified offerings and attractive risk-adjusted returns’ for institutional investors.   19 July 2024
Reinsurance
SiriusPoint partners with Irish MGA on property owners programme
The partnership to inject new capacity into the Irish insurance market.   17 July 2024
Insurance
CRC hires new broker, underwriting leaders for strategic expansion
They will be based in Florida and California.   16 July 2024

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