News

Insurance

Nat cats hand insurers $52bn bill in H1 on second costliest US storm season

Total H1 insured losses were 18% above the decadal average, 39% over the 21st century.   19 July 2023

Insurance

Gallagher’s Pen taps 17-year Travelers at Lloyd’s vet to expand in UK marine market

The experienced ports & terminals London market underwriter to help boost its portfolio.   19 July 2023

Insurance

Lloyd’s treaty reinsurance decline ‘unresolved’ after remediation: Aon

Aon shows an itch to piggy-back on hoped-for Lloyd's recapture of lost market share.   19 July 2023

Insurance

Leadership exits shake Vesttoo amid ‘fraudulent’ collateral probe

The company has launched an investigation after discovering ‘inconsistencies’ in collateral.   18 July 2023

Insurance

R&Q appoints Scopia managing partner as non-executive director

The company is currently in the process of divesting Accredited.   18 July 2023

Insurance

Chaucer promotes 20-year veteran to head of global reinsurance

The company’s reinsurance book has grown ‘steadily’ by 120% across all major lines.   18 July 2023

Insurance

BMS Re expands in Latin America with reinsurance broker buy

The company has acquired a Brazilian broker on the heels of recent deals in Mexico.   18 July 2023

Insurance

Liberty Mutual to cut hundreds of US jobs in shift to ‘strategic markets’

Liberty Mutual Insurance has commenced a major restructuring to ‘improve profitability’.   17 July 2023

Insurance

MGU Carbon Underwriting attracts strategic investment to fuel growth

The MGU seeks to ‘transform the international coverholder market’.   17 July 2023

Insurance

Miller eyes expansion in US casualty market with ex-Aon, Price Forbes hires

The execs have broad experience in a range of business lines across the Bermudian and London markets.   17 July 2023

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