News

Insurance

Munich Re axes major client at 1/1, cutting 9 pts from renewals growth

April & July renewals could pack 3-times the punch on higher nat cat profile.   23 February 2023

Insurance

R&Q sells $47m stake in MGA Tradesman to pay down debt

R&Q acquired the MGA in 2019 following the acquisition of Sandell Re.   23 February 2023

Insurance

Lemonade plots widened 2023 EBITDA loss as growth forced to slow

In-force premium growth may slow to 11-12% as Lemonade skirts inflation-stricken lines.   23 February 2023

Insurance

Munich Re profit tops expectations despite Ian, Ukraine war hit

Looking ahead, the reinsurance giant is targeting a profit of €4 billion in 2023.   23 February 2023

Insurance

Munich Re stalls at 1/1 on 3.6% increase; derides rivals’ claims

‘It is impossible that our peers put through higher rate increases than we did.’ – CEO Wenning   23 February 2023

Insurance

LMA reveals CUO committee line-up to tackle new challenges

New committee to address issues relating to digitisation, Lloyd’s, ESG rise and others.   23 February 2023

Insurance

Tokio Marine’s GCube supercharges global expansion with Australia launch

Says changing political headwinds in Australia are driving significant demand for renewables.   23 February 2023

Insurance

Africa Specialty Risks cleared as coverholder for Lloyd’s reinsurance

The group will build out specialty lines starting from political violence and terrorism.   22 February 2023

Insurance

Fidelis MGU expands on senior hires from AXA XL, Brit, Guy Carp

New hires bolster offer in marine cargo, contingency, political violence, terrorism & more.   22 February 2023

Insurance

Ambitious promises: BHSI grows in UK and Europe

"We want to be known as a claims-paying organisation," Chris Colahan, Berkshire Hathaway Specialty Insurance, tells Intelligent Insurer.   22 February 2023

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