News

Insurance

WTW looks to rival Marsh for financial solutions leader in Europe

She will oversee WTW’s growth strategy for financial institutions using credit & political risk insurance.   6 September 2023

Insurance

Sompo builds out European leadership with key hires from Aon/AXA XL

Sompo International has appointed five new members to its insurance leadership team in Italy.   6 September 2023

Insurance

Market conditions suit new player AM Specialty

Capacity is king in this market, and year-old startup AM Specialty has been able to deploy it under optimal conditions, says the company’s CEO Shevawn Barder.   6 September 2023

Insurance

AIG inks $400m reserve deal with Enstar for Validus Re

Enstar will provide cover in excess of carried loss reserves on assumed reinsurance.   5 September 2023

Insurance

Dive In 2023 to spotlight innovation and ‘power of inclusion’

The 9th edition of the festival to feature over 130 events in 35+ countries.   5 September 2023

Insurance

Reinsurance sector view improves on ‘hard earned’ rate increases

S&P Global expects the sector to earn back its cost of capital this year and in 2024.   5 September 2023

Insurance

‘Stability’ in focus: Convex shuffles top ranks in reinsurance leadership

New Bermuda CEO and group deputy CUO for reinsurance to take charge from 2024.   5 September 2023

Insurance

LMA picks ex-RFIB chief and 19-year Aon vet as underwriting director

She will work with Lloyd’s and LMA to influence change in the marketplace.   5 September 2023

Insurance

GRP-owned Castle buys commercial insurance brokerage

The deal follows the acquisition of another Durham-based broker in April.   5 September 2023

Alternative Risk Transfer

ILS could sweep up end-2033 if traditional reinsurers can’t keep pace

Cat bonds could continue to dominate as cedents pack higher layers of reinsurance cover.   5 September 2023

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