News

Insurance

Ardonagh in landmark deal to acquire Australian broker for A$2.3bn

The acquired firm has over 40 trading brands and operations in seven countries.   8 May 2024

Insurance

Evolin launches Chaucer-led terrorism facility underwritten at Lloyd’s

The London market broker has also launched a new cyber facility.   8 May 2024

Insurance

US commercial P&C renewal rates fall for second month from peak: Ivans

Five of six chartered lines fall in April; umbrella take it the other way to record 3M gain.   9 May 2024

Reinsurance

Peak Re remediation hacks 23 points from combined ratio in 2023

The reinsurer about-faced on ‘soft market structures’ in property cat for 15% top-line cut.   3 May 2024

Reinsurance

Aussie cyclone pool ARPC does the trick: premiums down, success rates up

Homeowner quotes came down double digit across three of five segregated risk groups.   9 May 2024

Insurance

Making a difference when it matters

Commercial primary casualty wholesale insurance encompasses an ever-growing range of complex risks that businesses must understand, manage and insure. Markel’s growing team covering this line of business specialises in doing just that.   9 May 2024

Reinsurance

Social inflation has pricing inadequate in ‘a number of lines’- Munich Re

Social inflation faces no curbs; ‘Why should it dampen at all?’ CFO Jurecka asks.   8 May 2024

Reinsurance

Reinsurance pricing may be at stable plateau, not a peak: Munich Re

Market appears disciplined on T&C, Munich Re appetite for looser deals is ‘absolutely zero’.   8 May 2024

Insurance

Acrisure grows UK presence with dual deals in southern England

The broker expects its GWP to surpass £100m within the next two years.   7 May 2024

Insurance

Maiden strikes renewal rights deal with AmTrust Nordic after ‘strategic review’

Group operating expenses to be reduced by up to $6m annually after divestment.   7 May 2024

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