News

Insurance

Farmers steps back into Californian CMP market, buoyed by ‘positive changes’

The news comes just ahead of insurance commissioner Lara’s market strategy update.   15 May 2024

Technology

Insurtech funding falls to 4Y low in Q1 on dearth of mega deals

But early-stage deals soar to third best quarter on record; AI in focus at 28% of tally.   10 May 2024

Insurance

Jensten shakes up London market business; triggers key exit

MGA operation goes solo, aiming to triple premium in four years.   14 May 2024

Insurance

Liberty Mutual returns to Q1 underwriting gain; trims every loss metric

Reinsurance and commercial property lead growth to balance retreat in personal lines.   10 May 2024

Insurance

Allianz AGCS pulled back in financial lines, cyber & aviation Q1

Hesitance to poorly-priced lines led to a 2.3% y/y decline in AGCS Q1 business volumes.   15 May 2024

Insurance

Mosaic lands Big Four hire as transactional tax insurance demand surges

New hires include a KPMG tax attorney experienced in handling complicated tax issues.   14 May 2024

Insurance

Everest spreads wings to Australia, eyes major expansion in Asia Pacific

The move is part of its international expansion strategy.   14 May 2024

Insurance

E&S casualty rates rise Q2 as jittery carriers turn hyper-selective

A mere $5m in lead excess for high-hazard industry often requires multiple carriers: RPS   15 May 2024

Reinsurance

AXA XL taps reinsurance expert for top London casualty role

The executive boasts over 37 years’ experience; rejoined AXA XL from SiriusPoint.   14 May 2024

article

Allianz may have low/mid double digit Baltimore bridge loss pending

Losses come via P&I covers and look ‘really, really small’ against total corporate book.   15 May 2024

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