News

Insurance

Italian insurers sweep up policies from defunct rival Eurovita

Generali, Allianz, Intesa Sanpaolo Vita, Poste Vita & UnipolSai will own new rump insurer.   3 July 2023

Insurance

SiriusPoint, Compre in $1.3bn loss portfolio transfer deal

The LPT has been underwritten by Compre’s class 3B Bermudian reinsurer Pallas Re.   3 July 2023

Insurance

Sompo lures Generali executive to head property insurance in Iberia

The appointee will be based in Sompo International’s new Madrid office.   3 July 2023

Insurance

Marsh McLennan’s Guy Carpenter completes M&A in Israel

Re Solutions has now become Guy Carpenter Israel.   3 July 2023

Insurance

Gallagher Re: more double digit rate gain mid-year, less drive for T&C

As capacity chases higher rates, reinsurer loosen hopes for tighter terms, even warm to all-risks.   3 July 2023

Insurance

Tokio Marine eyes marine expansion with strategic Munich Re hire

The new hire will oversee and boost TMK’s London cargo portfolio.   3 July 2023

Insurance

IGI’s new CEO mulls aggressive growth, but ‘no transformation’

Embarking on a new journey with a keen eye and agile footing, IGI’s new CEO, Waleed Jabsheh, is not pondering any dramatic transformation, instead promising an “aggressive” chase of lucrative opportunities and an exciting era for IGI’s growth.   30 June 2023

Insurance

Insurtech funding falls 45% to date in 2023, now at 21 quarter-low

Insurtech never punched its weight in VC funding, so falls less in VC drought.   30 June 2023

Insurance

Falvey bolsters marine cargo underwriting with new appointments

The insurer seeks to capitalise on growth opportunities in the cargo insurance sector.   30 June 2023

Insurance

Cat bond flurry toys with record in Q2 even as spreads tighten

Cat bond issuance in 2023 has led solo drive to a $100 billion ILS market.   30 June 2023

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