News

Insurance

Troubled insurtech unicorn formerly backed by Hollywood actor exits key market

The company has cut back its underwriting and some of its top leadership in a turnaround effort.   2 August 2024

Insurance

Top leader to leave Enstar after 21-years amid $5.1bn Sixth Street acquisition

The executive will focus on preparations for closing the merger before stepping down.   30 July 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

Carrick expands into Cayman Islands with first acquisition

The acquisition is part of its global expansion strategy.   1 August 2024

Reinsurance

Allstate cuts Florida reinsurance tower at mid-year, shifts toward ILS

ILS starts the heavy lifting from the $340m mark, less than half the prior year trigger.   2 August 2024

Insurance

Create the right culture to retain top talent

People need to engage in meaningful work and be supported by a culture where it’s safe to experiment and speak up, says QBE’s people director.   30 July 2024

Insurance

AIG snags Berkshire Hathaway pro as APAC head of marine

The appointee boasts 20+ years in marine insurance with previous stints at HDI, Chubb & QBE.   30 July 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

Insurance

Everest Q2 profit up 8% despite higher reinsurance cat losses

The re/insurer posted record investment returns for the quarter.   1 August 2024

Insurance

Future-fitting tomorrow’s insurance talent

Emerging risks and advances in AI and digital technology mean that the skills required in the future will not be the same as those needed in the past, says Aon partner.   2 August 2024

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