News

Insurance

AIG shrinks 35% on asset sales, claims low single digit underlying growth

Int’l commercial lines gained enough margin to recoup profits lost on asset sales.   2 May 2024

Insurance

Acrisure swoops for SME broker expanding Scottish footprint

Affinity was Acrisure’s first acquisition in Scotland in 2023.   2 May 2024

Technology

Changing the game

AI offers the potential for insurers to know potential customers’ risks better than they know them themselves – and that’s good news for buyers, says General Re’s chief technology officer.   2 May 2024

Insurance

Australian MGA Agile gets approval to begin underwriting from Lloyd’s

Asta-managed Agile ‘syndicate-in-a-box’ will commence underwriting in May.   1 May 2024

Insurance

AIG draws new diversity chief; says meaningful talent development top priority

AIG’s current chief human resources & diversity officer moves to general counsel role.   30 April 2024

Technology

AEGIS London partners with Kayna on data-led property cover in US

The partnership to explore developing property insurance options for US borrowers.   29 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

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

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

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