News

Insurance

US insurance industry may have added over 8000 jobs in April

In March, brokerages & agencies added jobs again to balance job stagnation in carriers.   7 May 2024

Reinsurance

Florida property cat can’t help but be well priced at mid-year: Arch

Inflation and storm outlook are near-term supportive, slow reform impact can aid for years.   1 May 2024

Insurance

Ascot picks former Swiss Re talent to head up US excess casualty

The executive has managed excess casualty portfolios at Nationwide and Swiss Re CS.   1 May 2024

Insurance

Markel product kills done, but 10% of book still taking strong action

Markel killed non-core lines worth 2% of top line, focused on 10% below margin targets.   3 May 2024

Insurance

UK non-life insurance outlook hiked to stable as inflation tames

Personal lines have turned the corner on pricing; commercial & specialty ‘remain favourable’.   3 May 2024

Reinsurance

AIG could trim excess reinsurance in 2025 after completing transition

AIG as reinsurance junkie: could hike attachment points $500m and still be below peers.   2 May 2024

Reinsurance

Back to balance: Reinsurance in 2024

After several years of bad losses, 2023 saw reinsurers begin to rebuild their capital. With third-party capital still slow to return to the market, 2024 sees a more balanced market, according to SCOR’s global property & casualty.   2 May 2024

Insurance

Argenta appoints former Hiscox/AIG executive to board

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

Insurance

Ascot beefs up Bermuda leadership in expansion move

The re/insurer seeks to drive further business diversification and profitability.   3 May 2024

Reinsurance

New Third Point-backed reinsurer launches in Cayman Islands

The reinsurer has entered into a treaty with a leading US annuity provider.   3 May 2024

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