News

Insurance

Greenlight Re cut short on earnings rebound by major new reserves

Current year loss ratio came down 26 points; but reserving delays boost from hard rates.   10 May 2023

Insurance

AXA XL to slash nat cat at reinsurance unit 35% to hold line for group

The reinsurance unit is called on to counteract the impact of inflation & 1/1 on nat cat budget.   24 February 2023

Insurance

AXA XL picks new global innovation leader to ‘push boundaries’

The appointee is tasked with executing targeted initiatives to break new ground.   9 May 2023

Insurance

Gallagher’s Pen inks major new capacity deal with Aviva

Aviva to provide 100% capacity for Pen’s UK personal lines and property owners’ business.   5 October 2022

Insurance

Axis Capital general counsel retires; successor is named

Bermuda-based specialty insurer Axis Capital has appointed Conrad Brooks as general counsel, succeeding Richard Gieryn Jr, who is retiring following 14 years at the company.   14 December 2016

Reinsurance

Alimco Re eyes $300m on growth spurt but is now consolidating

After a period of rapid growth, it is more focused on building out its infrastructure.   8 October 2024

Reinsurance

Reinsurance buyers in period of reconciliation after a tough 2023

Buyers that value long-term relationships have fared better: Mapfre Re.   11 September 2024

Insurance

WTW bolsters corporate risk & broking with three strategic hires

The new hires to join its private equity and transactional solutions team.   6 March 2024

Insurance

US commercial P&C renewal rates accelerate modestly in July: Ivans

Commercial P&C renewal rates rebound from Q2 wobble to 9.7% y/y, still near cycle peak.   9 August 2023

Insurance

Florida-based carrier Heritage seeks cash for growth via SPO

Growth opportunities include bits of Florida, but diversification remains the by-word.   15 December 2023

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