News

Insurance

Captive premium growth slows to 2.9% in 2022 in lag from rate peak

Captive premiums closely follow commercial rate and capacity shortfalls, Marsh data shows.   4 July 2023

Insurance

Ryan Specialty closes M&A in wholesale broking & medical stop-loss

New wholesale broker covers management, professional liability & cyber.   4 July 2023

Insurance

AIG & Stone Point close deal to craft MGA for HNW market for Q3 launch

Third party capital, including AIG and its Lloyd’s Syndicate, could back the new unit.   4 July 2023

Insurance

BMS picks up sixth Aussie broker in twelve months in major growth drive

The Queensland broker is an upstart creation of industry guru & rugby-turned-finance pro.   4 July 2023

Insurance

CCR sells majority stake in ~€1bn CCR Re to consortium of mutual insurers

The transaction increases the French state-owned reinsurer’s capital by €200m.   3 July 2023

Insurance

Italian insurers sweep up policies from defunct rival Eurovita

Generali, Allianz, Intesa Sanpaolo Vita, Poste Vita & UnipolSai will own new rump insurer.   3 July 2023

Insurance

SiriusPoint, Compre in $1.3bn loss portfolio transfer deal

The LPT has been underwritten by Compre’s class 3B Bermudian reinsurer Pallas Re.   3 July 2023

Insurance

SCOR launches new investment unit in Switzerland

The move is part of its international growth strategy to capitalise on new opportunities.   3 July 2023

Insurance

AXA commits to development of renewable energy in Europe

The insurer has signed a ten-year Virtual Power Purchase Agreement (VPPA).   3 July 2023

Insurance

Risk Strategies acquires multiline agency in US

The acquisition will expand its presence in the state of Ohio.   3 July 2023

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