News

Insurance

Investment income helped US P&C mutuals ride out cat losses: AM Best

The segment faced pressure from inflation, traditional losses, weather-related events.   4 October 2024

Insurance

WTW targets stronger cash flow and strategic focus with $632.4m divestiture

The broker will take a non-cash charge to the tune of up to $2.1b from Tranzact sale.   3 October 2024

Insurance

Ascot picks 17-year veteran to lead group claims operations

Appointee to oversee and develop strategies to bolster claims management.   3 October 2024

Insurance

Markel expands international casualty underwriting with ‘top-tier’ talent

The executives bring experience from Arch, AXA XL, QBE and AIG.   2 October 2024

Insurance

UK P&I Club taps Lockton VP to improve transatlantic collaboration

Ex-Aon exec joins to ‘deepen and grow’ its footprint in the ‘important region’.   1 October 2024

Insurance

Sompo launches new marine offering covering pan-UK markets

The new marine proposition will cater to a ‘growing regional demand’ outside of London.   26 September 2024

Insurance

A prolonged hard market and geopolitical risks are reshaping the marine market

Insurers are cautious about deploying capital, leading to an elongated hard market: Aon.   26 September 2024

Insurance

Helios syndicate stable ups GWP 44% year on year for margin drag

Premium growth followed 65% capacity gain; management vows margin will follow.   27 September 2024

Reinsurance

MENA reinsurance capacity strong, but market changes threaten volatility

Reinsurers must accurately forecast inflation, adjust premium rates and reserves: AM Best.   30 September 2024

Insurance

Liberty Specialty boosts UK & MENA underwriting with former Aon exec

The appointment follows the planned retirement of its incumbent CUO.   30 September 2024

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