News

Insurance

Chubb slows Q2, but holds double-digit growth; pre-cat margins flat

Property lines feel ‘competitive’ versus a durable and needed trend for casualty firming.   24 July 2024

Insurance

Penn Mutual to sell $150bn asset manager to global PE giant

Fitch views the sale as ‘opportunistic’.   24 July 2024

Insurance

Insurance might not be fashionable, but it’s a great career choice

Good mentors will provide opportunities to develop and progress, says young leader.   24 July 2024

Insurance

SRG buys specialist MGA to expand footprint in London Market

It is the second acquisition to join its MGA MX this year.   24 July 2024

Insurance

OneAdvent strikes capacity deal with hybrid fronting insurer

It will provide capacity to underwrite waste management & recycling risks.   24 July 2024

Insurance

MGU Carbon to launch new Lloyd’s Syndicate 5757 in January 2025

Carbon looks to access the expansive US programme market.   23 July 2024

Alternative Risk Transfer

Everest targets third-party capital growth with Mt. Logan Capital Management launch

Everest says the platform to provide ‘diversified offerings and attractive risk-adjusted returns’ for institutional investors.   19 July 2024

Reinsurance

MGA Banyan Risk ‘jumping in feet first’ in challenging excess casualty market

PartnerRe to back launch of its new venture, led by ex-Markel and AXIS executive.   19 July 2024

Reinsurance

Hard market in non-life to continue over 2024 and 2025: Swiss Re

Inflation and rising claims costs push rates higher; P&C carriers to remain profitable in 2024.   19 July 2024

Reinsurance

Allianz’s major $1.64bn deal positions it as ‘leader’ in Singapore and Asia

The deal is expected to generate ‘double-digit’ ROI for Allianz in the mid-term.   18 July 2024

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