News

Insurance

UK non-life insurance outlook hiked to stable as inflation tames

Personal lines have turned the corner on pricing; commercial & specialty ‘remain favourable’.   3 May 2024

Alternative Risk Transfer

Markel ILS unit Nephila holds AuM steady again Q1 at $6.8bn

Premium cession to the ILS unit rises 50% y/y in Q1; asset mix renders revenue gain.   2 May 2024

Insurance

Taming Florida with data

Increased insight into the drivers of insurance costs in Florida has helped prompt regulatory reform, helping restore stability.   2 May 2024

Insurance

AIG draws new diversity chief; says meaningful talent development top priority

AIG’s current chief human resources & diversity officer moves to general counsel role.   30 April 2024

Insurance

Acrisure swoops for SME broker expanding Scottish footprint

Affinity was Acrisure’s first acquisition in Scotland in 2023.   2 May 2024

Insurance

BMS launches new global practice under ex-Guy Carpenter/JLT veteran

BMS seeks to build largest medical malpractice team in London Market.   1 May 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

Risk Management

Marsh McLennan looks to ‘transform’ supply chain risks with AI

New AI platform aims to improve resilience to major shocks.   3 May 2024

Reinsurance

Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock

CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.   25 April 2024

Reinsurance

SCOR taps HDI leadership for top executive role after key exit

The former CEO of SCOR specialty insurance is leaving the company after 12 years.   1 May 2024

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