News

Insurance

Gallagher snaps up US brokerage specialising in coverage for unions

The acquired retail property/casualty agency is based in Illinois.   6 December 2023

Insurance

A spectre is haunting Europe — the spectre of social inflation: Zurich

A convergence of EU directives can create a ‘cultural shift’ and attract litigation financiers.   5 December 2023

Insurance

Hard market still riding on fear; the end is not in sight: WR Berkley

Investment earnings may eventually dent pricing, but too many players ‘stuck’ near-term.   5 December 2023

Insurance

Optio brings new capacity to political violence & terrorism market

The MGA has entered into an agreement with a new US-based carrier.   5 December 2023

Insurance

Zurich will further its lean into mid-market commercial insurance

The commercial portfolio remains overly tipped to Zurich’s large-corporate core.   5 December 2023

Insurance

US commercial lines have rate & discipline to defend margins: AM Best

Pricing momentum now ‘well past its peak,’ still underpins ‘robust underwriting results’.   5 December 2023

Insurance

WTW snags Marsh McLennan talents to boost contingency team

The new hires previously worked at Guy Carpenter and Aon.   5 December 2023

Insurance

Markel taps AIG for cyber lead in MENA, eyes expansion in Asia

The executive to identify new territories to drive profitable growth in cyber.   5 December 2023

Reinsurance

Florida’s Citizens may seek $5.5bn in reinsurance in 2024

Reheat of depopulation cut exposure growth in H2 2023 to hold 2024 1:100 PML in line.   4 December 2023

News

Markel swoops on Howden for war and terrorism veteran

The hire has 20 years of experience from Howden, Novae and StarStone.   4 December 2023

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