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Martello Re mulls growth with $1.3bn capital raise
Reinsurance
Martello Re mulls growth with $1.3bn capital raise
It entered the reinsurance market with MassMutual and HSCM backing in early 2022.   24 July 2024
WTW nearly doubles net profit in Q2, raises full year targets
Insurance
WTW nearly doubles net profit in Q2, raises full year targets
The broker saw an organic growth of 6% for the quarter.   25 July 2024
RenRe more than doubles Q2 profit in hard market
Reinsurance
RenRe more than doubles Q2 profit in hard market
Property shone with 9pps CR improvement against moderate slippage in casualty.   25 July 2024
Insurance
Gallagher snags Sompo VP for US growth plans
The executive to lead its US focused crisis management business.   22 July 2024
Insurance
CRC Group bolsters executive leadership with three key appointments
The appointments aim to enhance its support for retail agency clients.   23 July 2024
Insurance
Lloyd’s clears path for Davies’ EU broking expansion
The approval will allow it to extend its broker incubation platform in Europe through Brussels.   23 July 2024
Insurance
Penn Mutual to sell $150bn asset manager to global PE giant
Fitch views the sale as ‘opportunistic’.   24 July 2024
Reinsurance
MGA Banyan Risk ‘jumping in feet first’ in challenging excess casualty market
PartnerRe to back launch of its new venture, led by ex-Markel and AXIS executive.   19 July 2024
Reinsurance
New specialty reinsurer launches
It will underwrite specialty and casualty lines—D&O, PI, cyber and more.   24 July 2024
Insurance
Chubb slows Q2, but holds double-digit growth; pre-cat margins flat
Property lines feel ‘competitive’ versus a durable and needed trend for casualty firming.   24 July 2024

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