News

Insurance

Ascot appoints new CIO to drive US business strategy

New US CIO to drive growth and transformation initiatives for large business projects.   13 March 2024

Insurance

Marsh taps top talent from AIG to lead Dutch marine business

‘The logistics industry in Europe is expected to reach €1.1 trillion by 2029.’   14 March 2024

Insurance

Chubb likes property as ‘best priced’ line, selective on casualty

Chubb prepared to ‘shed revenue’ wherever litigation kills casualty rate adequacy.   13 March 2024

Insurance

US regulators plot deep dive on homeowners insurance availability

Market headwinds might build ‘localised protection gaps’ beneath regulator radar: NAIC.   11 March 2024

Insurance

Ageas bumps bid for Direct Line, gets rebuff from target & markets

Stock market investors seem to consider the price boost skimpy, send shares down.   13 March 2024

Insurance

Generali won’t cut shareholder pay to fund M&A, but might manage both

Generali’s lasting ‘shareholder friendly trend’ was already paired with major M&A in 2023.   12 March 2024

Reinsurance

Fleming rebuffs James River’s complaint, vows to contest ‘frivolous’ lawsuit

Fleming says it has ‘no obligation’ to close the $277m casualty reinsurance deal.   13 March 2024

Reinsurance

James River sues Fleming to enforce reinsurance sale

The insurer is accusing Fleming of failing to complete its $277m deal to acquire JRG Re.   12 March 2024

Insurance

Generali presses margins amid upper-single-digit top-line gain

General overcame an extra 1.4 ratio points from nat cat via rate, PYD & discounting.   12 March 2024

Reinsurance

Reinsurance leads growth as Antares Syndicate hits record profit

Closely trailed by growth in marine and energy insurance.   12 March 2024

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