News

Reinsurance

Everest pivots to property as in shrinks in casualty, financial lines

Its group GWP growth falls to near zero after a spate of reductions across lower margin lines.   31 October 2024

Insurance

Aon nabs ex-Liberty exec to lead underwriting at in-house MGA

The exec spent 12 years at Liberty and also boasts experience from Brit Insurance.   4 November 2024

Insurance

Casualty hardening on best carrier discipline in decades: Brown & Brown

Under-pricing may span a full array of markets: primary & excess, admitted & non-admitted.   29 October 2024

Reinsurance

MENA reinsurance capacity strong, but market changes threaten volatility

Reinsurers must accurately forecast inflation, adjust premium rates and reserves: AM Best.   30 September 2024

Reinsurance

Property rates will firm at 1/1: Everest CEO

Property rates could be up 5 to 10% at 1/1 as the tale of storms turns the tables.   31 October 2024

Reinsurance

Arch vows to hold a steady course through CEO transition

New and old CEOs are ‘extremely aligned’ on strategy and culture, the re/insurer said.   1 November 2024

Insurance

Bermuda and retail units drive growth at Hiscox

Hiscox Re & ILS ‘s growth was attributed to the deployment of additional capital into attractive conditions.   8 November 2024

Reinsurance

QBE closes $1.6bn loss portfolio transfer with RiverStone/Enstar

RiverStone will provide LPT to various QBE subsidiaries, including its Lloyd’s syndicates.   1 November 2024

Reinsurance

European cedants deserve credit from reinsurers: Guy Carpenter

It is a broker’s job to ensure they get credit for the work they’ve done on portfolios.   21 October 2024

Insurance

Hurricane Milton may cost Chubb up to $300m

The estimate included losses generated from the company's commercial and personal property/casualty insurance and reinsurance businesses.   4 November 2024

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