News

Insurance

IAG trims more XoL covers at mid-year renewal, rounds out quota share

After cuts to main cover at 1/1, limits & retentions rejigged on aggregate and late-event.   7 July 2023

Insurance

SiriusPoint-backed MGA Banyan Risk mulls global expansion; hires ex-AIG, Chubb, Markel as CUO

Profitability is at the heart of the Bermuda-based MGA’s international growth strategy.   7 July 2023

Insurance

QBE snags Liberty Mutual vet to expand D&F property in Canada

The new hire comes with over 20 years of Liberty Mutual property expertise.   7 July 2023

Insurance

K2 taps Hanover leader with Allianz/CNA pedigree to build out US operations

K2 Financial has appointed a senior vice president and founder of its US operation.   7 July 2023

Insurance

Aon seals historic parametric deal for Puerto Rico

It aims to drive cat resilience and reduce the island’s insurance obligation to FEMA.   7 July 2023

Insurance

Swiss Re mines Allianz C-suite for global P&C reinsurance role

He will lead a global team of insurance and data experts within Swiss Re Reinsurance Solutions.   6 July 2023

Insurance

CCR & CCR Re retain AM Best ratings through separation & sale

CCR sold control of its unit on way to divest full stake in 2026.   6 July 2023

Insurance

Gallagher’s Pen buys Norwegian marine MGA for international expansion

The strategic move expands its marine specialism and establishes first international branch.   6 July 2023

Insurance

Chaucer in ‘significant’ new partnership with DUAL

The partnership to bring dedicated capacity to the UK & European legal indemnity market.   6 July 2023

Insurance

Floridians hold new accelerated pace in plans to sue insurers in Q2

The Q2 tally in pre-case filings put paid to rapid acceleration seen Q4’22 & Q1’23.   6 July 2023

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