News

Insurance

IUA lauds PRA ‘small business’ move preventing major shift in UK market

IUA argued the move would change risk mutualisation and make UK less attractive to investors.   21 May 2024

Technology

Insurtech MGA Cover Whale bags $27.5m investment from Morgan Stanley

The MGA seeks to ‘transform’ trucking insurance in the US.   23 May 2024

Insurance

Cyber insurance market: what’s worrying insurers?

For the second year running, the US cyber insurance market has generated strong direct underwriting profits, but written premium volume has stalled amid renewed pricing pressure, according to industry reports.   20 May 2024

Insurance

Marsh taps Aon talent to expand in fine arts market

The appointee rejoins Marsh McLennan after 20 years.   20 May 2024

Insurance

Privacy and data protection have big impact on US cyber insurance market, says Kynd survey

Value-added services voted top driver for cyber insurance.   20 May 2024

Insurance

Aon plucks 20-year Marsh veteran as global head of property

Key hire with Marsh/WTW pedigree to help improve its risk capital strategy.   22 May 2024

Technology

UK insurtech Broker Insights gears up for US launch with leadership revamp

Its founder will lead international expansion in a new role.   24 May 2024

Reinsurance

New reinsurer Martello Re eyes $800m equity boost to fuel growth

The company, led by an industry veteran, launched in 2022 with MassMutual and HSCM backing.   23 May 2024

Alternative Risk Transfer

First nat cat parametric syndicate enters Lloyd’s with ex-Munich Re talent

New Syndicate 3939 aims to revolutionise catastrophe risk transfer at Lloyd’s.   22 May 2024

Reinsurance

Reinsurers can see rate at mid-year renewals above the broker view

Away from ILS-clad top layers and adjusted for private placements, rates are flat at worst.   22 May 2024

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