News

Insurance

US cyber insurance first went surplus, now turns foreign: AM Best

Domestic E&S took most of US cyber; signs say offshore carriers are taking the baton.   24 June 2024

Insurance

Integrated Specialty Coverages enters marine market

New division led by marine veterans with Allianz, Beazley, WTW, Starr pedigree.   24 June 2024

Insurance

Amwins & Ryan add firepower to Hartford’s small market E&S drive

Delegated authority deals come as Hartford seeks 50% top-line growth in E&S channels.   21 June 2024

Reinsurance

K2 scoops string of veterans from Ascot for new London specialty launch

The quartet is expected to elevate its profile and capacity offerings.   21 June 2024

Insurance

Britannia P&I cut technical loss, upped reserves, ahead of bridge toll

The group notified a quarter billion to IG in year preceding pending Baltimore Bridge loss.   21 June 2024

Insurance

Foreign ventures save Japanese insurers from home market woes: Fitch

‘Steady growth’ and underwriting profitability in North America and UK are bulwarks.   20 June 2024

Insurance

Tokio Marine's HCC nabs more AXA XL talent for new product recall team

The London Market crisis management head is the latest in a string of steals from AXA XL.   20 June 2024

Insurance

QBE shutters North America mid-market, sees no impact on core appetites

Non-renewals will trim the $500m GWP book in 2024, make ‘substantial’ cuts in 2025.   19 June 2024

Insurance

D&O insurance barks, but does not bite; profits may roll on: AM Best

After the best margins in a decade, carriers feel ‘little pressure’ to hike rates.   19 June 2024

Insurance

Brace Underwriting to expand Canadian P&C portfolio with new hire

The new appointee boasts 13 years of experience from Tokio Marine Kiln.   19 June 2024

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