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

Munich Re marine veteran steers Loadsure into European markets

The insurtech MGA and Lloyd’s coverholder has been approved to write business in Europe.   29 April 2024

Insurance

McGill bolsters complex P&C team with ex-Gallagher/Marsh talent

The broker has experience in international property, mining and heavy industry.   29 April 2024

Insurance

QBE appoints group head of sustainability in ESG push

Appointee is a member of the UNEPFI principles for sustainable insurance board.   29 April 2024

Insurance

Gallagher could do $7.5bn in M&A to end-2025 just on tuck-ins

Smaller players should migrate to the Gallagher tool box as investment costs pinch.   26 April 2024

Alternative Risk Transfer

Jamaica secures $150m World Bank cat bond for four hurricane seasons

Its parametric structure allows for faster insurance payouts post event.   26 April 2024

Insurance

Upward pressure on liability rates rising to-date in 2024: Gallagher

Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024

Insurance

Insurance brokers claim non-compete ban won’t trigger rise in attrition

Gallagher and WTW lean on non-solicitation clauses to protect clients and remaining staff.   26 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 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

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