News

Insurance

New SME-focused MGA to launch with Liberty Specialty backing

The MGA has secured a three-year binding deal with Liberty for delegated underwriting authority.   9 July 2024

Insurance

New Lloyd’s-backed MGA Devonshire to expand in W&I and emerging markets

Its new underwriting manager brings European, MENA, and sub-Saharan African experience.   9 July 2024

Insurance

AXA XL US simplifies structure, adds three new CUOs in major overhaul

The changes aim to drive greater efficiency in underwriting and claims management.   9 July 2024

Insurance

US property cat RoL index up 1.2% at mid-year: Guy Carpenter

This reflects a significant drop from January 1.   9 July 2024

Reinsurance

Howden Re and Moody’s launch talent exchange initiative

It aims to develop analytical talent and deepen modelling expertise to better understand risks.   8 July 2024

Insurance

MSIG poaches Vantage Risk trio to expand portfolio in US market

New team to boost its political risk and credit underwriting capabilities in the US brokered market.   8 July 2024

Insurance

2024 Atlantic hurricane season to be ‘hyper-active’, warns TSR

US landfalling hurricane activity expected to be higher than normal to high probability.   8 July 2024

Reinsurance

Schroders and Hannover Re launch blockchain ILS pilot

Hannover Re anticipates more appetite for blockchain-enabled investments in the future.   5 July 2024

Insurance

Insurers may hike rates to battle claims inflation in H2: Bloomberg warns

Claims inflation is likely to remain ‘pronounced’ in the second half of the year, it says.   4 July 2024

Reinsurance

Property rates slide; reinsurers exceed expectations at mid-year renewals: Guy Carpenter

The broker finds easing of pricing for loss-free property programmes even as demand increases.   4 July 2024

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