News

Insurance

Markel taps Howden, AIG expertise for Chinese market expansion

The insurer has bolstered its marine, PFR & cyber underwriting and analytics expertise.   17 May 2024

Reinsurance

SCOR ups April treaty book 17% while driving into specialty lines

Prior remediation seems quite complete: SCOR only managed down 1.2% of April portfolio.   17 May 2024

Insurance

McGill lifts ex-Marsh/WTW talent in London and US

The broker has names five partners in specialised teams.   17 May 2024

Reinsurance

Gallagher Re and Oxford partner to model marine chokepoints in global supply chain

Research simulates real disaster scenarios, addressing risks beyond marine insurance.   16 May 2024

Insurance

Zurich got Farmers to profits fast, but new business can wait

Policy counts will only begin to rise from 2025, once transformation is clearly over.   16 May 2024

Reinsurance

Swiss Re grew top-line ca 5% y/y Q1 on march to target-beating margins

Swiss Re otherwise made its IFRS17 debut without a single year-on-year pro forma comparison.   16 May 2024

Reinsurance

Swiss Re increased book 6% at 4.1 while piling out of casualty

Market discipline should hold through mid-years: supply looks ‘adequate,’ but not ‘excessive.’   16 May 2024

Insurance

Allianz AGCS pulled back in financial lines, cyber & aviation Q1

Hesitance to poorly-priced lines led to a 2.3% y/y decline in AGCS Q1 business volumes.   15 May 2024

article

Allianz may have low/mid double digit Baltimore bridge loss pending

Losses come via P&I covers and look ‘really, really small’ against total corporate book.   15 May 2024

Insurance

Florida Citizens seeks $750m budget allowance for mid-year renewals

Tower structure to $17.3bn PML target remains a match to outlines last reviewed in April.   14 May 2024

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