News

Insurance

Verisk pegs US hurricane Beryl’s insured losses at up to $3bn

The storm is the earliest Category 5 hurricane on record in the Atlantic.   19 July 2024

Reinsurance

SiriusPoint plucks new global ceded reinsurance head from AXIS after swift exit

The current head is leaving the company after just one year in the role.   23 July 2024

Insurance

AXA XL expands professional lines underwriting in Bermuda

Its new head of professional lines has been with the company for 23 years.   22 July 2024

Insurance

WTW plans bold expansion in private equity and transaction solutions

The broker has assembled a new strategic leadership team of M&A experts to drive its growth.   17 July 2024

Insurance

Auto liability wears ‘largest bullseye’ for social inflation: Berkley

Problems clearly spread to umbrella, but ‘no evidence’ of broader liability contagion.   23 July 2024

Insurance

Mass BI claims pending on IT outage, brokers say; fix times in focus

Major brokers are advising clients en masse to begin prepping claims & cost tallies.   22 July 2024

Insurance

CII appoints ‘Rising Star’ to London market board

The CII has named three new board members for financial planning.   22 July 2024

Risk Management

War & conflict risks on one-way street to trouble: Verisk Maplecroft

The scorecard has conflict escalation outpacing easing 28-5 and more flash points visible.   18 July 2024

Alternative Risk Transfer

Gallagher’s Artex launches first PCC in captive risk transfer hub

Artex has selected Vermont, the largest captive domicile globally.   16 July 2024

Insurance

Beryl to inflict $4.5bn in US damages, primary insurers bear most: Moody’s

Wind drives majority of US private market insured losses from Beryl.   16 July 2024

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