News

Insurance

Commercial rates remain volatile; most Q2 gains at cycle highs: Ivans

Umbrella is a rising line to watch after May spike; commercial property returns in June.   26 July 2024

Insurance

Aon garners 18% top line gain after NFP purchase; organic at 6%

CEO Case is bullish on H2 2024 and long-term performance.   26 July 2024

Reinsurance

RenRe more than doubles Q2 profit in hard market

Property shone with 9pps CR improvement against moderate slippage in casualty.   25 July 2024

Alternative Risk Transfer

RenRe sees Q2 ILS outflows on cat bond profit taking & capital release

Q2 fundraising fell 76% y/y to a mere $84.5m; ILS fee income takes its own upward course.   25 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

Reinsurance

Munich Re enjoys upgrade, ‘well with peers’ on profit, better in diversification

S&P says Beryl, CrowdStrike, Baltimore losses likely within Munich Re’s loss budget.   26 July 2024

Insurance

Twelve Capital and Securis to merge creating ~$8bn global ILS powerhouse

Securis CEO to exit upon deal’s completion; new leadership revealed.   25 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

Technology

Former SCOR boss and Guy Carpenter EMEA CEO appears at insurtech

The executive to provide strategic advice for global expansion.   24 July 2024

Reinsurance

Allianz makes leadership appointment in sustainability push

The appointee will drive the strategy across commercial, personal, and other key segments.   26 July 2024

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