News

Insurance

Howden in new global partnership with Ultimate Risk Solutions

The partnership to enhance its risk management capabilities.   7 August 2024

Insurance

US surplus lines grew 10% in H1 ’24, property submissions slow

Momentum shifts to stressed non-core E&S lines; auto, residential take E&S growth podium.   6 August 2024

Technology

Insurtech funding grows to $1.3bn amid four-year low in deals: Gallagher Re

Q2 2024 witnessed the sharpest deal drop since Q2 2020, plummeting 23.4% quarter-on-quarter.   5 August 2024

Insurance

Primary insurers brace for Hurricane Debby hit after Cat 1 landfall: Moody’s

The second US hurricane to make landfall in 2024 is set to cause ‘extreme flooding’.   6 August 2024

Insurance

Paragon bolsters UK PI expertise with specialist broker acquisition

The deal to boost its UK PI footprint and expand commercial product range.   7 August 2024

Insurance

Final insured losses from 2023 Turkey-Syria earthquake revealed

The earthquake was by far the costliest catastrophe in Turkey’s history.   6 August 2024

Insurance

SiriusPoint enters strategic partnership with expert marine MGA

It will provide paper to underwrite high-quality hull, machinery risks and ancillary covers.   30 July 2024

Insurance

US insurance job counts slow in July after heavy-hiring Q2

Brokerages & agencies added 11,600 jobs in Q2, accounting for 56% of Q2 industry gains.   5 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

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

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