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

WTW lands ex-Marsh/Goldman Sachs leader to turbocharge growth in FI and banking

Appointee was managing director at Marsh, and formerly worked at AIG/Chubb.   29 April 2024

Insurance

WTW launches specialist cyber coverage for ports and terminals

It aims to manage risks in a ‘time of great technological and regulatory change’.   29 April 2024

Insurance

Argenta appoints former Hiscox/AIG executive to board

The appointee was formerly head of professions at Hiscox.   29 April 2024

Insurance

WTW talent rebuild over, focus shifts to ‘strategic and opportunistic’ hiring

A federal ban on non-competition clauses won’t be an obstacle in managing attrition.   26 April 2024

Insurance

Historic day’ for Aon as $13bn NFP deal closes faster than expected

Swift close boosts Aon’s accretion, advances cash flow benefits by a year.   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

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