News

Insurance

QBE appoints group head of sustainability in ESG push

Appointee is a member of the UNEPFI principles for sustainable insurance board.   29 April 2024

Insurance

Argenta appoints former Hiscox/AIG executive to board

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

Insurance

First-ever Africa-focused syndicate enters Lloyd’s of London market

ASR Syndicate aims to expand Lloyd’s business share in Africa’s underserved insurance market   29 April 2024

Insurance

Munich Re marine veteran steers Loadsure into European markets

The insurtech MGA and Lloyd’s coverholder has been approved to write business in Europe.   29 April 2024

Insurance

Aspen ups GPW 17% Q1, but suffers 5.7 ratio point margin slide

Margin slide visible in both attritional & PYD; Baltimore bridge figures in Q1 cat loss.   30 April 2024

Insurance

Arch Capital grows GWP 24% in Q1 on heavy lean into reinsurance

The group likely suffered over $80m in losses on Baltimore bridge, calculations suggest.   30 April 2024

Insurance

Marsh boosts cyber ECHO to $125m, largest facility of its kind

The broker has added a new $25 million layer of capacity.   29 April 2024

Insurance

Beazley can capture US property as flows to E&S market won’t slow

Beazley takes a closer shot at E&S on shift from Lloyd’s syndicates to US onshore carrier.   29 April 2024

Insurance

Beazley builds 7% Q1 growth on property burst, on track for ‘24 target

Beazley may have finished reducing reinsurance cessions; gross-to-net should be flat.   29 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

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