News

Insurance

Beazley builds 7% Q1 growth on property burst, on track for ‘24 target

Beazley may have finished reducing reinsurance cessions; gross-to-net should be flat.   29 April 2024

Insurance

E&S won’t slow down in liability, may soon peak in property: Berkley

‘We'll try to make more hay in property before we call it a day … but property is peaking.’   23 April 2024

Insurance

Allianz appoints new MD for personal lines broker following key departure

Its personal lines broker business in the UK LV= rebrands to Allianz.   26 April 2024

Reinsurance

Treaty renewals in 2024 should hold market’s latest gains: Munich Re

CEO Wenning confirmed €5bn profit target, but also noted 3Y streak of beating plan.   25 April 2024

Insurance

Marsh won't go wholesale despite E&S heat; likes holding clients close

Marsh puts E&S-style deals to admitted solutions if possible, to niche wholesalers if not.   19 April 2024

Insurance

Zurich North America taps insider for Pro-Fin & cyber leadership

The team will serve the company’s largest US corporate and middle market companies.   24 April 2024

Insurance

Chubb boosts P&C premium ca 13% Q1, holds margins amid retail recovery

US commercial premium balanced 13% P&C growth against 7.6% erosion of financial lines.   24 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Insurance

US cyber rates may stabilise in 2024 after recent capacity surge: Aon

Insurer enthusiasm came despite a ‘notable surge’ in cyber and privacy events.   23 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

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