News

Insurance

M&A market for wholesale brokers & MGAs primed for faster pace: Ryan Specialty

With an ‘uptick’ in possible sellers, Ryan sees more opportunity for 2024 than a year ago.   28 February 2024

Insurance

Sompo adds C-suite pay cuts in ongoing response to auto claims fraud

Five group level C-suite officials will surrender 20-50% of pay across 3 to 6M periods.   29 February 2024

Insurance

Howden veteran takes over LIIBA chair from WTW’s Swift

CEO hails Swift as ‘exceptional chair’ for steering LIIBA through turbulent times.   28 February 2024

Reinsurance

Munich Re suffers P&C Re margin slide in '23 on ‘claims uncertainty’

The group believes 2024 will more than recoup the two combined ratio points it lost in 2023.   27 February 2024

Insurance

Fidelis profit soars, expects hard market across core lines to continue

‘We are entering 2024 with strong momentum,’ declares CEO Dan Burrows.   1 March 2024

Insurance

AXIS unveils key appointments in strategic leadership shifts

The appointments include chief commercial officer and new chairman.   1 March 2024

Reinsurance

Reinsurance ‘intensive’ for cat-prone Latin America

From hurricanes to droughts and the ‘fire belt’, the scale of cat exposure in LatAm creates intense demand for cat and operational reinsurance, says Eduardo Recinos Schonborn at Fitch Ratings.   1 March 2024

Insurance

Marine MGA Amphitrite gets FCA approval

Amphitrite is backed 100% by Bermuda-based Arch Capital Group.   26 February 2024

Alternative Risk Transfer

Potential for risk diversification in cyber ILS and cat bond market: CyberCube

Innovative cyber risk transfer strategies to arise as market matures, it says.   29 February 2024

Reinsurance

Korean Re CEO to step down at his own request

The CEO will become a strategic advisor to support its international growth.   29 February 2024

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