News

Insurance

Rokstone to expand into D&O ‘sweet spot’

The ‘bold move’ aims to solidify its position in the financial lines market.   10 August 2023

Insurance

Munich Re-backed insurtech At-Bay transitions to full-stack E&S carrier

It secured an AM Best rating of A- with stable outlook in April.   10 August 2023

Insurance

Munich Re on still-lax cyber wordings: ‘we prefer not participating’

Cutting poorly-worded cyber fuelled decline in Munich Re’s quota share casualty at 1/7.   10 August 2023

Insurance

Lancashire plans US company in early 2024

It will operate under a delegated underwriting arrangement with Lancashire UK.   10 August 2023

Insurance

Zurich’s strong first half sets stage for ‘most ambitious’ targets yet

P&C gross written premiums rose 10% and group net profit increased 6% in H1.   10 August 2023

Insurance

McGill shakes up leadership to fuel US market expansion drive

The moves come on the heels of substantial organic revenue growth in recent years.   10 August 2023

Insurance

Munich Re cuts more proportional at July renewal; total book shrinks

Risk-adjust price gain of 5.1% up from April and January on dive into property XoL.   10 August 2023

Insurance

Hiscox veers from casualty & cyber in lean towards property cat

Rate softening has not yet meant rate inadequacy for cyber or D&O, but growth focus shifts.   9 August 2023

Insurance

Hannover Re reactivates Q2: new growth & margin on April-July renewals

Treaty renewals are accelerating April through July after the skittish approach to 1/1.   9 August 2023

Insurance

Tokio Marine sells US subsidiary TMPI in risk diversification move

The insurer to continue reviewing its business ‘in response to changes in market conditions’.   9 August 2023

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