News

Insurance

AIG sees departure of general insurance chair in speeded retirement

Group CEO Peter Zaffino credits the former Lexington CEO with major role in AIG recovery.   22 April 2024

Insurance

Insurtech Inari unveils senior hire to support global growth plans

The company raised $5.2 million in funding last year.   26 April 2024

Insurance

Upward pressure on liability rates rising to-date in 2024: Gallagher

Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024

Insurance

Allianz appoints new MD for personal lines broker following key departure

Its personal lines broker business in the UK LV= rebrands to Allianz.   26 April 2024

Insurance

Pen Underwriting extends Irish specialist fleet deal with Zurich

The multi-year agreement carries the partnership over the 25-year mark.   26 April 2024

Insurance

Generali revolution: insurance redrawn, asset management given wing

Terzariol redraws maps & mgmt for ‘strategic alignment’ and ‘proximity to markets’   18 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Insurers have paid ¥74.4bn to end-March on Noto earthquake

To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.   22 April 2024

Insurance

R&Q in lock-up deal over Accredited sale; anticipates significant cut in proceeds

Closing proceeds now expected between $65m and $110m, down from $170m to $210m.   25 April 2024

Insurance

Greenberg on financial line trends: ‘in a word, simply dumb’

But the ‘vast majority’ of Chubb's casualty book looks very well priced, he claims.   24 April 2024

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