News

Insurance

Gallagher unveils new UK CEO

He will lead the company’s UK broking and underwriting business.   14 December 2023

Insurance

Ryan Specialty forms new financial lines MGU

It will be formed by merging a number of existing units.   14 December 2023

article

Bermudians see ‘modest’ US cat re rate gains to 1.1; retro may be flat

Some 1/3 of 1.1 renewal already bound as ‘plenty of supply’ hits ‘slightly higher’ demand.   14 December 2023

Insurance

Howden moves into Denmark via NORTH Risk acquisition

The deal completes Howden’s presence in the Nordic region.   14 December 2023

Insurance

US insurance pricing ‘rational’ in Q4; US market up ca. 9%: Gallagher

Property still leads at an 18% gain in Q4; clients getting ‘some relief’ in D&O and cyber.   13 December 2023

Insurance

1.1 will clear on existing capacity, rates look firm: Gallagher

Political violence & terror called out for fresh rate momentum; casualty sees caution.   13 December 2023

Insurance

AXA XL mines Liberty Mutual group for UK & Lloyd’s CUO role

AXA XL seeks growth across its London Market and multinational and mid-market segments.   13 December 2023

Insurance

Allianz Commercial mines Marsh for financial lines leader

The new acquisition has 20-years of experience across four continents.   13 December 2023

Insurance

Chubb plucks Prudential / AIG vet to lead global consumer lines

Chubb sees ‘substantial runway for growth’ in consumer lines in APAC, LatAm and Europe.   13 December 2023

Reinsurance

TWIA may be forced to up reinsurance purchases by $1bn in 2024

The mid-year program & cat bond renewal appear manageable; market ‘is not getting worse.’   13 December 2023

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